CA > Hayward > Hayward
Hayward, CA 94541,944 Walpert St
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Hayward, CA 94541,944 Walpert St
Hayward, CA 94541,944 Walpert St
Hayward, CA 94541,944 Walpert St
Hayward, CA 94541,944 Walpert St
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Theresa Solon

Theresa Solon

+1(707) 334-9186
Listed by Davide Pio • BCRE
$ 4,500,000
Est. payment /mo
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Active

944 Walpert St Hayward, CA 94541

14,202 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 14,202 sqft

Price per Sqft $316

Subdivision Hayward

MLS Listing ID 41115887

HOA Y/N No

Year Built 1967

Lot Size 0.622 Acres

Property Sub-Type 5 or More Units

Source CONTRA COSTA

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

Interior

Heating Baseboard

Cooling None

Flooring Hardwood, Other

Fireplace No

Appliance Free-Standing Range, Refrigerator

Laundry Coin Operated, Common Area, Laundry Room

Exterior

View Bay, Hills

Building

Lot Description Corner Lot

Bay East Association of Realtors
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Theresa Solon

Theresa Solon

REALTOR | CA DRE# 01436657

+1(707) 334-9186

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