944 Walpert St new Save Request In-Person Tour Request Virtual Tour
Hayward,CA 94541
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision Hayward
MLS Listing ID 41115887
HOA Y/N No
Year Built 1967
Lot Size 0.622 Acres
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
Zoning MBCN
Interior
Heating Baseboard
Cooling None
Fireplace No
Exterior
View Y/N Yes
View Bay,Hills
Roof Type Tar/Gravel
Total Parking Spaces 26
Building
Lot Description Corner Lot
Others
Tax ID 44519
Virtual Tour https://my.matterport.com/show/?m=TUy5LrBk7ac&