About this home

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.

Facts and features

Schools

• Cherryland Elementary School

  elementary · K-6 · 0.9 mi

  3

• Winton Middle School

  middle · 7-8 · 1.7 mi

  4

• Hayward High School

  high · 9-12 · 2.4 mi

  5

• St. John Catholic School

  elementary · 0.7 mi

• Knowledge Enlightens You (Key) Academy

  elementary · K-8 · 0.8 mi

  7

• Brenkwitz High School

  high · 9-12 · 0.8 mi

  1

Price history

• Oct 20, 2026 · Listed$3,595,000

Tax history

• 2025$14,197 tax · $818,118 assessed
• 2024$13,520 tax · $802,078 assessed
• 2023$13,506 tax · $770,935 assessed
• 2022$13,076 tax · $755,820 assessed
• 2021$12,772 tax · $741,003 assessed
• 2020$12,438 tax · $733,407 assessed
• 2019$12,358 tax · $719,030 assessed
• 2018$11,638 tax · $704,933 assessed

Where it is