22774 4th Street Active Save Request In-Person Tour Request Virtual Tour
Hayward,CA 94541
Key Details
Property Type Commercial
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 4,170 sqft
Price per Sqft $395
Subdivision Hayward
MLS Listing ID 41112182
HOA Y/N No
Year Built 1954
Lot Size 10,500 Sqft
Acres 0.24
Property Sub-Type 5 or More Units
Property Description
22774 4th Street is a five-unit multifamily property in the heart of the Hayward. Built with classic 1954 architectural design, the building is comprised of five spacious 2-bed/1-bath units, each offering efficient layouts, natural light, and strong rental appeal; like attached cottages. Tenants have individual garages with additional storage and separate washer/dryer hookups and water heaters on the first level. Operating costs are minimized because tenants are responsible for separate utilities including PG&E and garbage; in addition, most units are integrated into a RUBS payment reimbursement for water further reducing owner expenses. Buyers should check with the City of Hayward regarding the potential to convert one of the units into a 3 bed/2 bath and add value by legally incorporating the additional square footage on first level. Plus there is empty space below another unit that could allow for an additional 2 bed/1 bath ADU and another potential studio.
Location
State CA
County Alameda
Rooms
Basement None
Interior
Heating Wall Furnace
Cooling None
Flooring Hardwood
Fireplace No
Exterior
Utilities Available Individual Electric Meter,Individual Gas Meter
Total Parking Spaces 5
Building
Lot Description Corner Lot,Rectangular Lot,Sloped Up
New Construction No