944 Walpert St, Hayward, CA 94541
- $4,325,000
Listed by Davide Pio, (510) 815-2000 from BCRE
(If provided) CoList: from
- List Price
- $4,325,000
- MLS#
- CC41136438
- Status
- ACTIVE
- Lot Size
- 27,087
- Listing Area
- Hayward
- Year Built
- 1967
Property Description
Cap Rate - 5.93% (Current) | GRM - 9.64 (Current) Cap Rate - 6.95% (Proforma) | GRM - 8.81 (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), SB 721 balcony clearance (2026), and most units have been updated to modern open kitchens with stone countertops. 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.
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Additional Information
- Acres
- 0.62
- Amenities
- Storage Area(s), Balcony/Patio, Elevator(s)/Lift(s)
- Cooling System
- None
- Exterior Features
- Stucco
- Floor Covering
- Other, Hardwood
- Garage Parking
- Assigned Spaces, Spaces per Unit - 1
- Heating System
- Baseboard
- Laundry Facilities
- In Laundry Room, Laundry Facility - Coin-Op, Community Facility
- Lot Size
- 27,087
- Neighborhood
- Hayward
- Numberof Units
- 18
- Roof
- Tar and Gravel
- Unincorporated Yn
- Yes
- View
- Bay View, Hills
- Zoning
- MBCN
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