
Hayward, California 94541
This Residential Income Triplex is a Strong Value Opportunity, listed at $1,125,000—positioned well below the $1,185,310 Fair Market Value by 5%. This valuation gap provides $60,310 in Instant Equity. The property maintains a Good Condition Rating, featuring Granite Kitchens, Laminate Flooring, and the rare advantage of Private Garages and Backyards for every unit. Located near Hayward BART and Freeways 880 and 580, it offers high rental demand and commuter convenience. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a strategic house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 188 Sunset Boulevard Subject | $1,125,000* List Price | 0 | 0 | 3,046 | $361 | - |
A 221 Rondale Sold | $1,350,000 | 0 | 0 | 3,963 | $341 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1975, the property has undergone renovations including granite countertops, laminate flooring, and double-pane windows, suggesting updates within the 5-15 year range. The units are move-in ready and well-maintained, fitting the functional requirements for a residential income triplex.
This triplex is an ideal asset for 1031 exchange investors or owner-occupants, offering the ability to live in one unit while generating significant rental income from the other two.
Rare for multi-family properties, each unit includes its own private garage and backyard, which significantly enhances tenant retention and increases the property's competitive rental value.
The property is perfectly positioned for commuters with close proximity to the Hayward BART station and easy access to major freeways 880 and 580, connecting residents to San Francisco and Silicon Valley.
The local schools, particularly the assigned middle school with a 1/10 rating, may be a deterrent for long-term family tenants and could impact future appreciation compared to neighboring districts.
Built in 1975, the property may soon require capital expenditures for major systems or structural maintenance that typically arise in buildings approaching the 50-year mark.
Gem of Hayward! This Three Unit Income Residential Building is perfect for savvy investors, 1031 exchangers or first-time homebuyers looking to live in one unit and collect rent income from the other units. Units are in good condition: Laminated flooring throughout, granite kitchen countertops, double-panned windows. Each unit has its own car garage and backyard. Property is conveniently located: Close to Cherryland Elementary School, Supermarkets, Restaurants, Shops, Public Transportation, Hayward BART Station, minutes to San Francisco, South Bay, San Francisco and Oakland International Airports, easy access to freeways 880 and 580.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 0.5 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 3,046 | 2,016 | 82% |
| Lot Size | 6,708 | 7,629 | 36% |
| Price | $1.12M | $1.02M | 55% |
| Price per sq ft | $369 | $369 | 50% |
| Built year | 1975 | 1953 | 91% |
| HOA | $0 | $0 | 50% |
| Days on market | 51 | 167 | 9% |
Apr 24, 2026
$1,125,000
Initial Listing
Jul 31, 2012
$400,000
Public Record
Nov 23, 1999
$345,000
Public Record