CA > Hayward
Hayward, CA 94541,944 Walpert St
Hayward, CA 94541,944 Walpert St
Hayward, CA 94541,944 Walpert St
Hayward, CA 94541,944 Walpert St
Hayward, CA 94541,944 Walpert St
Hayward, CA 94541,944 Walpert St
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Drew Reid

Drew Reid

+1(408) 515-1362
Listed by Davide Pio • BCRE
$ 4,500,000
Est. payment | /mo

3 Beds

2 Baths

14,202 SqFt

Save
$ 4,500,000
Est. payment | /mo
Save

3 Beds

2 Baths

14,202 SqFt

Key Details

Property Type Multi-Family, Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 14,202 sqft

Price per Sqft $316

MLS Listing ID CC41115887

Bedrooms 3

Year Built 1967

Lot Size 0.622 Acres

Property Sub-Type Five or More Units

Source Contra Costa Association of Realtors

Property Description

Cap Rate - 5.74% (Current) | GRM - 9.82 (Current) Cap Rate - 6.28% (Proforma) | GRM - 9.29 (Proforma) 944 Fletcher Ln, in the Hayward foothills [alt addrs: 944 Walpert St multifamily asset features eighteen (18), of which nine are 1 bed / 1 bath units, and the remaining nine are 2 beds / 1 bath. The property has been well-maintained and upgraded over the years. Improvements include a new roof and electric panels (2025), and most units have been updated to modern open kitchens with stone countertops. Additionally, some 1st floor units have backyards, while others on floors 2 and 3 have balconies. Those units with a west-facing view enjoy beautiful views stretching all the way to the bay. A total of 18 covered parking spaces and 8 additional uncovered spaces are rented for a fee. The elevator serves all 3 floors and a laundry room on two floors. The property allows for a turn-key investment with upside in one of Hayward foothills. Located in the Mission / Foothills neighborhood, the property is under one (1) mile from vibrant downtown Hayward + Hayward Bart station, and 1.5 miles from CSU East Bay. A short drive provides quick access to Highway 580 / 238 interchange or the 880 / 92 freeway, allowing easy connections to San Francisco, Silicon Valley, and the peninsula.

Location

State CA

County Alameda

Area Hayward

Zoning MBCN

Interior

Heating Baseboard

Cooling None

Flooring Other, Hardwood

Laundry In Laundry Room, Laundry Facility - Coin-Op, Community Facility

Exterior

Exterior Feature Stucco

Parking Features Assigned Spaces, Spaces per Unit - 1

Garage Spaces 26.0

View Bay, Hills

Roof Type Tar and Gravel

Building

Sewer Sewer - Public

Water Public

Others

Tax ID 445-1-9

Special Listing Condition New, Not Applicable

MLS Listing IDX PLUS
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Drew Reid
Drew Reid

REALTOR® | Lic# 01332884

+1(408) 515-1362

410 N Santa Cruz Ave, Los Gatos, CA, 95030-5321, USA

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944 Walpert St