CA > Hayward > Hayward
Hayward, CA 94541,944 Walpert St
Hayward, CA 94541,944 Walpert St,Video Tour
Hayward, CA 94541,944 Walpert St
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Elite Real Estate Group

Elite Real Estate Group

$4,500,000
Est. payment /mo
0.62 Acres Lot
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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

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CRMLS – RECore
Listed by Davide Pio BCRE

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Elite Real Estate Group

Elite Real Estate Group

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944 Walpert St