18183 Rainier Ave, Hayward, California 94541, Hayward, 94541 - 2 bed, 1 bath
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Hayward, California 94541
This Value-Add Residential Asset is listed at $699,000, representing a strategic entry point compared to its $613,285 Fair Market Value. Boasting a Condition Rating of 4, the 1951 structure requires interior modernization to maximize ROI, specifically within the dated kitchen and living areas. The property’s primary upside is the 5,150 sqft lot and covered patio, which offer significant expansion or ADU potential. Located near the top-rated Arroyo High School, this acquisition is an ideal project for Buy-and-Hold Investors or first-time buyers focused on forced appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18183 Rainier Ave Subject | $699,000* List Price | 2 | 1 | 853 | $717 | - |
A 793 E Lewelling Sold | $501,000 | 2 | 1 | 840 | $596 | 0.6 mi |
B 19665 Royal Ave Sold | $730,000 | 3 | 2 | 1,156 | $631 | 0.6 mi |
C 462 Hampton Rd Pending | $575,000 List Price | 2 | 1 | 845 | $680 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1951, the property is well-maintained but dated. The kitchen features older laminate countertops and cabinetry likely exceeding 20 years in age, and the interior finishes, while functional and move-in ready, require modernization and minor updates to meet current market standards.
The property features a 5,150 sqft lot with a covered patio and a large backyard, providing ample space for gardening, entertaining, or future expansion possibilities.
With a dedicated garage and a long driveway, the home offers excellent off-street parking and storage solutions, which is a significant advantage for the neighborhood.
Situated in the Cherryland area, the home provides convenient access to major commute options and local shopping, making it an ideal starter home for Bay Area professionals.
At only 853 square feet with a 2-bedroom, 1-bath configuration, the living space is quite compact and may not accommodate growing families or those needing a home office.
The property is served by several schools with low performance ratings, particularly at the elementary and middle school levels, which may affect long-term appreciation and appeal to families.
Charming 2-bedroom, 1-bath single-story home in Cherryland offering comfort, character, and a usable outdoor setting. Inside, you’ll find a practical floor plan, bright kitchen with ample cabinetry, and inviting living spaces. The generous backyard and covered patio create flexible space for entertaining, gardening, or future personalization. With a garage, long driveway, and convenient access to local shopping and commute options, this home is a great opportunity to make your own.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-6 • 1.0 mi
Grades K-6 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 19% |
| Baths | 1.0 | 2.0 | 29% |
| Square foot | 853 | 1,362.5 | 6% |
| Lot Size | 5,150 | 5,608 | 38% |
| Price | $699.0K | $866.0K | 18% |
| Price per sq ft | $819 | $600 | 96% |
| Built year | 1951 | 1951 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 44 | 151 | 4% |
Apr 24, 2026
$699,000
Initial Listing
Apr 30, 1991
$156,000
Public Record