944 Walpert St, Hayward, CA 94541 - MLS#CC41115887

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Eric Boyenga

e@boyenga.com +1(408) 506-3942

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

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 Not Applicable

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES

Elementary Schools 20

8

Chabot Elementary

Public | KG - 5
8

Marshal Elementary

Public | KG - 5
8

Independent Elementary

Public | KG - 5
7

Southgate Elementary School

Public | KG - 6
7

Vannoy Elementary

Public | KG - 5
6

Stanton Elementary

Public | KG - 5
6

Palma Ceia Elementary School

Public | KG - 6
6

Castro Valley Elementary

Public | KG - 5
5

Burbank Elementary School

Public | KG - 6
5

Schafer Park Elementary School

Public | KG - 6
5

Eldridge Elementary School

Public | KG - 6
5

Golden Oak Montessori of Hayward

Public | 1 - 8
4

Lorenzo Manor Elementary School

Public | KG - 5
4

Eden Gardens Elementary School

Public | KG - 6
4

Park Elementary School

Public | KG - 6
4

Tyrrell Elementary School

Public | KG - 6
4

Ruus Elementary School

Public | KG - 6
4

Faith Ringgold School of Arts and Science

Public | KG - 8
4

East Avenue Elementary School

Public | KG - 6
4

Treeview Elementary School

Public | KG - 6

Middle Schools 9

8

Creekside Middle School

Public | 6 - 8
7

Canyon Middle School

Public | 6 - 8
6

Martin Luther King Jr. Middle School

Public | 7 - 8
5

Anthony W. Ochoa Middle School

Public | 7 - 8
5

Winton Middle School

Public | 7 - 8
4

Bret Harte Middle School

Public | 7 - 8
2

Cesar Chavez Middle School

Public | 7 - 8
1

Edendale Middle School

Public | 6 - 8
0

Alameda County Opportunity

Public | 7 - 12

High Schools 14

9

Impact Academy of Arts & Technology

Public | 9 - 12
9

Leadership Public Schools - Hayward

Public | 9 - 12
9

Canyon High School

Public | 9 - 12
6

Mt. Eden High School

Public | 9 - 12
5

East Bay Arts School

Public | 9 - 12
5

Silver Oak High Public Montessori Charter

Public | 9 - 12
5

Hayward High School

Public | 9 - 12
2

San Lorenzo High School

Public | 9 - 12
1

Tennyson High School

Public | 9 - 12
0

Royal Sunset High School

Public | 9 - 12
0

Eden Area Regional Occupational Program

Public | 10 - 12
0

Brenkwitz High School

Public | 9 - 12
0

Roy A. Johnson High School

Public | 9 - 12
0

Moreau Catholic High School

Private | 9 - 12

School and business data provided by Attom Data.

+1(408) 506-3942

e@boyenga.com

167 S. San Antonio Road, Altos, CA

944 Walpert St Hayward, CA 94541