Hayward, CA 94541
$3,595,000
Bed
0
Bath
0
Living Space
9,877 SqFt
Year Built
1957
Lot Size
0.79 Acres
Days
124
7.00% Cap Rate property on two parcels in unincorporated Hayward. 12-unit asset across two parcels consisting of nine single-story buildings delivering a low-density, residential feel that drives long-term tenant retention. Meticulously maintained and owner-managed for 30+ years. The unit mix includes (1) 3BD/2BA SFR, (3) 3BD/2BA, (2) 3BD/1BA, (4) 2BD/1BA, and (2) 1BD/1BA, capturing demand from families to professionals. All units feature private patios, in-unit W/D hookups, individual water heaters, and separate gas and electric metering. A Livability bill-back program is in place and 37 parking spaces (14 tandem + 9 single) are included. Capital improvements include roofs replaced within the last two years, a new sewer main, newer asphalt, updated subpanels in select units, and double-pane windows throughout. Select units have been renovated with updated baths, new countertops, and marble flooring, with additional upside remaining through continued modernization. 10 of 12 units are eligible for rent increases, offering an immediate path to stronger cash flow. The rear of the site presents ADU development potential under current California legislation, providing an opportunity to expand income and asset value without acquiring new land.
Listing provided courtesy ofRay Rodriguez License 01999734 Compass, Tyler Gonzales License 02247297 Compass
Data provided by MLSListings Inc.
- Bret Harte Middle School (Middle) - GreatSchools rating 4/10 - Martin Luther King, Jr. Middle School (Middle) - GreatSchools rating 5/10 - Anthony W. Ochoa Middle School (Middle) - GreatSchools rating 5/10 - Knowledge Enlightens You (Key) Academy (Elementary) - GreatSchools rating 7/10 - Southgate Elementary School (Elementary) - GreatSchools rating 8/10 - Stonebrae Elementary School (Elementary) - GreatSchools rating 8/10 School District: Hayward Unified School District
Meek Park is a 10.7-acre park offering scenic trails and well-maintained pathways, suitable for walking and running. Other nearby parks include Centennial Center Botany Grounds, DeAnza Park, and Japanese Gardens. East Avenue Park, which features an amphitheater, barbecues, basketball courts, and trails, is also in the vicinity.
The Meekland neighborhood in Hayward is characterized by its diversity, visible in its cultural grocery stores, languages spoken, and various small businesses. Downtown Hayward has become a vibrant hub with a buzzing atmosphere, offering a range of dining and entertainment options. Local businesses include a variety of eateries, craft breweries, and unique bars, contributing to the community's lively character.
This location has a Walk Score of 96 out of 100, indicating it is a Walker's Paradise where daily errands do not require a car. The Transit Score is 65 out of 100, signifying good transit with many nearby public transportation options. Verified transit routes include bus lines such as the 99 Mission - Decoto - Fremont Blvd. and 34 Estudillo - Davis - Meekland, as well as BART rail lines like the Green-S OAK Airport / SF / Daly City.
This neighborhood information is AI-generated based on the property address and publicly available data. Please verify important information independently. Do not rely solely on this information for property decisions. RoostHaven makes no warranties and assumes no liability for the accuracy or completeness of AI-generated information. School boundaries, ratings, and local amenities may change over time.
- Bret Harte Middle School (Middle) - GreatSchools rating 4/10 - Martin Luther King, Jr. Middle School (Middle) - GreatSchools rating 5/10 - Anthony W. Ochoa Middle School (Middle) - GreatSchools rating 5/10 - Knowledge Enlightens You (Key) Academy (Elementary) - GreatSchools rating 7/10 - Southgate Elementary School (Elementary) - GreatSchools rating 8/10 - Stonebrae Elementary School (Elementary) - GreatSchools rating 8/10 School District: Hayward Unified School District
Meek Park is a 10.7-acre park offering scenic trails and well-maintained pathways, suitable for walking and running. Other nearby parks include Centennial Center Botany Grounds, DeAnza Park, and Japanese Gardens. East Avenue Park, which features an amphitheater, barbecues, basketball courts, and trails, is also in the vicinity.
The Meekland neighborhood in Hayward is characterized by its diversity, visible in its cultural grocery stores, languages spoken, and various small businesses. Downtown Hayward has become a vibrant hub with a buzzing atmosphere, offering a range of dining and entertainment options. Local businesses include a variety of eateries, craft breweries, and unique bars, contributing to the community's lively character.
This location has a Walk Score of 96 out of 100, indicating it is a Walker's Paradise where daily errands do not require a car. The Transit Score is 65 out of 100, signifying good transit with many nearby public transportation options. Verified transit routes include bus lines such as the 99 Mission - Decoto - Fremont Blvd. and 34 Estudillo - Davis - Meekland, as well as BART rail lines like the Green-S OAK Airport / SF / Daly City.
This neighborhood information is AI-generated based on the property address and publicly available data. Please verify important information independently. Do not rely solely on this information for property decisions. RoostHaven makes no warranties and assumes no liability for the accuracy or completeness of AI-generated information. School boundaries, ratings, and local amenities may change over time.
