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31247229
31247244

24952-24954 Cypress Ave, Hayward, CA 94544 For Sale

HC
CA 1700495
Haylen Group
Listed by Haylen Group
$2,799,800
124 days on market
Updated 3 days ago

Rare Two-Building Community Asset - Value-Add Opportunities

Details
APN 443-0080-019-02
Property Type Multifamily, Senior Living
Sub Type Single Family Rental Portfolio
Square Footage 5,790
Units 2
Price per SqFt $484
Broker Co-Op Yes
Class B
Year Built 1993
Buildings 2
Stories 1
Lot Size (SqFt) 20,100
Zoning RM
Parking Spaces 6 spaces
Parking per 1,000 SqFt 1.04
Ownership Non Profit Organization

Licensed-capacity community asset plus on-site residence · Hayward

Marketing description

Download OM and Disclosures, Video and 3D Tour: https://jsei.haylengroup.com/

Offered at $2,799,800 and delivered vacant, 24952 to 24954 Cypress Avenue is a two-building property totaling approximately 5,790 SF on an approximately 20,100 SF RM lot in South Hayward.

The rear building of approximately 3,760 SF was previously licensed for 14 beds and offers five single-occupancy rooms, five double-occupancy rooms, a commercial-grade kitchen, common and dining areas, wide corridors, and an accessibility-supportive layout. The front building is a 3-bedroom, 2-bath residence of approximately 2,030 SF, refreshed with new paint, updated kitchen surfaces, and modernized lighting.

The pairing gives an owner-operator the ability to live on site, house staff, or generate rental income while running a program in the rear building. The previously licensed configuration supports a faster operational restart for residential care relative to ground-up development, and administrative use permit pathways extend eligible uses to educational, cultural, religious, convalescent, and nonprofit users. For investors, the RM designation adds longer-term multi-unit development optionality within Hayward's Medium Density range.

The full inspection and disclosure package is available up front, with known repair scope factored into pricing. Buyer to verify all uses, permits, and licensing requirements with the City of Hayward and applicable state agencies.

Listing Contacts

HC
CA 1700495
Haylen Group
Listed by Haylen Group

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