188 Sunset Boulevard, Hayward, California 94541, Hayward, 94541 - bed, bath
ACTIVE$1,179,000
188 Sunset Boulevard, Hayward, California 94541
0Bed
0Bath
3,046Sqft
6,708Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income-Generating Property: A desirable three-unit residential building, perfect for investors, 1031 exchangers, or first-time homebuyers seeking to live in one unit and collect rent from the others.
Top Cons:
Age of Property: Built in 1975, the property is nearly 50 years old, which may imply that major building systems (e.g., plumbing, electrical, roof) could be original or nearing the end of their useful life, potentially requiring future capital expenditures.
Compared to the nearby listings
Price:$1.18M vs avg $1.20M ($-21,000)43%
Size:3,046 sqft vs avg sqft71%
Price/sqft:$387 vs avg $086%
More Insights
Built in 1975 (50 years old).
Condition: Built in 1975, this property is nearly 50 years old. While it features updates such as laminated flooring, granite kitchen countertops, and double-paned windows, these renovations appear to be older, likely falling within the 15-30 year timeframe. The bathroom, for instance, shows a functional but dated vanity and light fixture. The overall condition suggests the property has been maintained with regular upkeep and occasional updates, but major components and aesthetics show signs of being outdated, aligning with the 'fair' condition criteria.
Year Built
1975
Close
-
List price
$1.18M
Original List price
$1.2M
Price/Sqft
$387
HOA
-
Days on market
-
Sold On
-
MLS number
ML82017599
Home ConditionFair
Features
Patio
View-
About this home
Desirable Three Unit Income Residential Building in Hayward! 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.
Nearby schools
2/10
Cherryland Elementary School
Public,•K-6•0.3mi
5/10
Burbank Elementary School
Public,•K-6•0.5mi
2/10
Colonial Acres Elementary School
Public,•K-5•1.1mi
2/10
Strobridge Elementary School
Public,•K-6•1.3mi
3/10
Winton Middle School
Public,•7-8•1.0mi
3/10
Bret Harte Middle School
Public,•7-8•1.3mi
2/10
Bohannon Middle School
Public,•6-8•1.4mi
1/10
Edendale Middle School
Public,•6-8•1.8mi
4/10
East Bay Arts High School
Public,•9-12•0.7mi
4/10
San Lorenzo High School
Public,•9-12•1.5mi
5/10
Hayward High School
Public,•9-12•1.8mi
7/10
Arroyo High School
Public,•9-12•2.0mi
Condition Rating
Fair
Built in 1975, this property is nearly 50 years old. While it features updates such as laminated flooring, granite kitchen countertops, and double-paned windows, these renovations appear to be older, likely falling within the 15-30 year timeframe. The bathroom, for instance, shows a functional but dated vanity and light fixture. The overall condition suggests the property has been maintained with regular upkeep and occasional updates, but major components and aesthetics show signs of being outdated, aligning with the 'fair' condition criteria.
Pros & Cons
Pros
Income-Generating Property: A desirable three-unit residential building, perfect for investors, 1031 exchangers, or first-time homebuyers seeking to live in one unit and collect rent from the others.
Prime Location & Accessibility: Conveniently located near Cherryland Elementary School, supermarkets, restaurants, shops, public transportation, Hayward BART Station, and major freeways (880, 580), offering easy commutes to San Francisco, the South Bay, and both SF and Oakland International Airports.
Individual Unit Amenities: Each unit benefits from its own private car garage and backyard, highly desirable features that enhance tenant appeal and privacy.
Updated Unit Interiors: Units are in good condition, featuring laminated flooring throughout, granite kitchen countertops, and double-panned windows, suggesting reduced immediate maintenance needs for tenants.
Versatile Investment Opportunity: Appeals to a broad range of buyers, from seasoned investors looking for rental income to owner-occupants seeking to offset mortgage costs.
Cons
Age of Property: Built in 1975, the property is nearly 50 years old, which may imply that major building systems (e.g., plumbing, electrical, roof) could be original or nearing the end of their useful life, potentially requiring future capital expenditures.
Mixed School Ratings: While close to schools, several nearby elementary and middle schools have lower ratings (e.g., Cherryland Elementary rating 2, Edendale Middle rating 1), which might be a concern for families prioritizing top-tier public education.
Lack of Central HVAC Mention: The description highlights double-panned windows but does not mention a central heating, ventilation, and air conditioning (HVAC) system for the units, which could be a drawback for tenant comfort during extreme weather and a potential upgrade cost.