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32452982
32452989

25583 Spring Dr, Hayward, CA 94542

TZ
CA CA#01962093, TX TX #784905
Compass Commercial Real Estate
RR
CA 01999734
Compass Commercial Real Estate
Listed by Compass Commercial Real Estate
$1,599,000
23 days on market
Updated 23 days ago

25583 Spring Dr

Details
APN 445-220-70
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,196
Net Rentable (SqFt) 3,196
Units 4
Beds 2
Cap Rate 6.07%
NOI $97,079
Tenancy Vacant
Pro-Forma Cap Rate 6.07%
Pro-Forma NOI $97,079
Price per SqFt $500
Class C
Year Built 1995
Buildings 1
Stories 2
Lot Size (SqFt) 6,204
Parking Spaces 3 spaces
Parking Per SqFt 0.94
Investment Type Core
Ownership individual
Sale Condition N/A

Multifamily | 6.07% CAP | 4 Units

Marketing description

25583 Spring Drive presents an attractive multifamily investment opportunity in Hayward, one of the East Bay's most accessible and consistently demanded rental markets. Strategically positioned between San Francisco, Oakland, and Silicon Valley, the property benefits from strong regional connectivity and a diverse tenant base driven by both employment and educational demand. Located approximately one mile from California State University, East Bay, the property is well-positioned to capture stable renter demand from students, university staff, and working professionals alike. Residents also benefit from convenient access to Interstate 880, Highway 92, and the South Hayward BART Station, providing efficient connectivity throughout the Bay Area.

The property consists of a well-maintained two-story building containing four residential units, including three two-bedroom/two-bathroom units and one two-bedroom/one-bathroom unit. Built in 1995, the property's newer vintage construction sets it apart from much of the surrounding East Bay multifamily inventory, offering reduced deferred maintenance exposure and improved long-term operational durability. The building totals approximately 3,196 square feet on a 6,204 square foot lot and includes a three-car garage along with additional driveway parking.

A key advantage of the offering is the property's vacant delivery, allowing an incoming investor immediate flexibility to establish market rents, select tenants, and implement operational strategies without the challenges associated with below-market rents. Current market rents position the property to generate approximately $10,500 in monthly gross income and $126,000 in annualized rental revenue.

The property also features an amenity package uncommon for comparable East Bay multifamily assets, including in-unit washer and dryer, central forced heating, and central air conditioning in every unit. In addition, the building is equipped with leased solar panels that help offset common area utility expenses and improve operational efficiency. A utility bill-back structure further reduces expenses by allowing tenants to pay their own gas and electricity costs.

Supported by its proximity to Cal State East Bay, major transportation infrastructure, newer construction, and operational upside through vacant delivery, 25583 Spring Drive offers investors the opportunity to acquire a well-located multifamily asset with strong long-term cash flow potential and durable tenant demand in one of Alameda County's most resilient rental markets.

Investment highlights

  • 25583 Spring Drive presents an attractive multifamily investment opportunity in Hayward, one of the East Bay's most accessible and consistently demanded rental markets. Strategically positioned between San Francisco, Oakland, and Silicon Valley, the property benefits from strong regional connectivity and a diverse tenant base driven by both employment and educational demand.
  • Located approximately one mile from California State University, East Bay, the property is well-positioned to capture stable renter demand from students, up staff, and working professionals alike. Residents also benefit from convenient access to Interstate 880, Highway 92, and the South Hayward BART Station, providing efficient connectivity throughout the Bay Area.
  • The property consists of a well-maintained two-story building containing four residential units, including three two-bedroom/two-bathroom units and one two-bedroom/one-bathroom unit. Built in 1995, the property's newer vintage construction sets it apart from much of the surrounding East Bay multifamily inventory, offering reduced deferred maintenance exposure and improved long-term operational durability.
  • The building totals approximately 3,196 square feet on a 6,204 square foot lot and includes a three-car garage along with additional driveway parking.
  • A key advantage of the offering is the property's vacant delivery, allowing an incoming investor immediate flexibility to establish market rents, select tenants, and implement operational strategies without the challenges associated with below-market rents. Current market rents position the property to generate approximately $10,500 in monthly gross income and $126,000 in annualized rental revenue.
  • The property also features an amenity package uncommon for comparable East Bay multifamily assets, including in-unit washer and dryer, central forced heating, and central air conditioning in every unit. In addition, the building is equipped with leased solar panels that help offset common area utility expenses and improve operational efficiency. A utility bill-back structure further reduces expenses by allowing tenants to pay their own gas and electricity costs.
  • Supported by its proximity to Cal State East Bay, major transportation infrastructure, newer construction, and operational upside through vacant delivery, 25583 Spring Drive offers investors the opportunity to acquire a well-located multifamily asset with strong long-term cash flow potential and durable tenant demand in one of Alameda County's most resilient rental markets.

Listing Contacts

TZ
CA CA#01962093, TX TX #784905
Compass Commercial Real Estate
RR
CA 01999734
Compass Commercial Real Estate
Listed by Compass Commercial Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$97,079.00
$8,089.92/mo

Valuation Metrics

0
DSCR
6.07%
Cap Rate
6.07%
ROI

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Additional Information

Name
Tony Zizzo
License
CA#01962093
Brokerage
Compass
Title
Executive Vice President
Brokerage Address
1133 Minnesota Avenue
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