Hayward, CA 94541
$3,595,000
Bed
0
Bath
0
Living Space
9,877 SqFt
Year Built
1957
Lot Size
0.79 Acres
Days
137
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.
- Knowledge Enlightens You (Key) Academy (Elementary) - GreatSchools rating 7/10 - Knowledge Enlightens You (Key) Academy (Middle) - GreatSchools rating 7/10 School District: Hayward Unified School District
Meek Estate Park is located at 240 Hampton Road and features picnic areas, a playground, and restrooms. Another nearby park is East Avenue Park, which offers basketball, trails, and a playground. Greenwood Park, known for its sports facilities and playground, is also in Hayward.
The Meekland neighborhood in Hayward is characterized by its diversity, with visible cultural influences in local businesses and spoken languages. Dining options reflect this diversity, featuring a range of cuisines. Local businesses include various eateries and bars, contributing to a vibrant atmosphere.
This location has a Walk Score of 96 out of 100 and a Transit Score of 65 out of 100. Nearby transit options include AC Transit bus lines such as the 34 Estudillo - Davis - Meekland, and 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.
- Knowledge Enlightens You (Key) Academy (Elementary) - GreatSchools rating 7/10 - Knowledge Enlightens You (Key) Academy (Middle) - GreatSchools rating 7/10 School District: Hayward Unified School District
Meek Estate Park is located at 240 Hampton Road and features picnic areas, a playground, and restrooms. Another nearby park is East Avenue Park, which offers basketball, trails, and a playground. Greenwood Park, known for its sports facilities and playground, is also in Hayward.
The Meekland neighborhood in Hayward is characterized by its diversity, with visible cultural influences in local businesses and spoken languages. Dining options reflect this diversity, featuring a range of cuisines. Local businesses include various eateries and bars, contributing to a vibrant atmosphere.
This location has a Walk Score of 96 out of 100 and a Transit Score of 65 out of 100. Nearby transit options include AC Transit bus lines such as the 34 Estudillo - Davis - Meekland, and 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.
