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33327745
33327744

1382 B Street, Hayward, CA 94541

JP
CA CA 01479258
Century 21 Baldini Realty
Listed by Century 21 Baldini Realty
$1,399,000
4 days on market
Updated 4 days ago
Opportunity zone

5 UNITS -2 BUILDINGS

Details
Property Type Mixed Use
Square Footage 3,456
Units 5
Year Built 1951
Buildings 2
Lot Size (SqFt) 11,498
Parking Spaces 5 spaces
Parking Per SqFt 1.45
Ground Lease No
Sale Condition N/A

OPEN HOUSE Sat JUNE 06 & Sun JUNE 07 From 1-4 PM / GREAT LOCATON AND POTENTIAL TO FUTURE GROWTH!

Marketing description

For sale: a rare mixed-use opportunity located at 1382-1392 B St in Hayward, CA. The property consists of two buildings, one with a commercial storefront and four residential units, all within a short walk of vibrant downtown Hayward. Current rents are significantly below market, offering immediate upside potential for an investor willing to implement a value-add strategy. Both residential buildings can be delivered vacant by the current owner, or the new owner may raise rents to market value. All the residential units are currently occupied by long-term family members who have lived on the property for over 20 years, facilitating a flexible transition. The residential units include two spacious one-bedroom units and two two-bedroom units, with a dedicated on-site laundry area. The commercial front space is unfinished and ready for completion. The City permits, and plans were previously approved but have since expired, giving the new owner the flexibility to revise, renew, and finish the space to recover lost income. Both buildings are light fixers with strong bones and even stronger potential. In addition, a second small adjacent lot is also included in the sale. For complete details, including permitted uses, renovation options, and current financials, please contact the listing agent directly.

Investment highlights

POTENTIAL FOR IMPROVING RENTS AND AN ADU ON THE EXTRA LOT ADJACENT TO THE PROPERTY.

ONLY 6 DRIVING MINUTES AWAY FROM THE HAYWARD BART STATION OR 19 WALKING MINUTES.

2 DRIVING MINUTES TO VIBRANT AND RENOVATED DOWNTOWN HAYWARD OR 10 WALKING MINUTES.

LOCATION, LOCATION, LOCATION!

Listing Contacts

JP
CA CA 01479258
Century 21 Baldini Realty
Listed by Century 21 Baldini Realty

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Additional Information

Name
Jaime Peraza
License
CA 01479258
Brokerage
Century 21 Baldini
Brokerage Phone
6508924556
Title
Realtor
Brokerage Address
4977 Mission st
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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