REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 4,325,000
Est. payment | /mo
0.62 Acres Lot
$ 4,325,000
Est. payment | /mo
0.62 Acres Lot
Open House
Wed Jun 03, 11:30am - 1:30pm
Fri Jun 05, 2:00pm - 4:00pm
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision Hayward
MLS Listing ID 41136438
HOA Y/N No
Year Built 1967
Annual Tax Amount $52,789
Lot Size 0.622 Acres
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. Property Tour Schedule • Wednesday, June 3 from 11.30am – 1.30pm • Friday, June 5 from 2pm – 4pm • Call Broker for Private Showings
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
Listed by Davide Pio BCRE #01522969
NEARBY SCHOOL & BUSINESS
279 e Arrow Hwy Suite 103, Dimas, CA, 91773, Unite States