
Hayward, California 94541
This Value-Add Development Asset is listed at $750,000, positioned near its $736,854 Fair Market Value. While the 1930s structure has a Condition Rating of 5 and necessitates substantial rehabilitation, the property offers immense upside via its 16,416 sq. ft. Lot and existing Basement ADU. The oversized parcel provides significant Development Potential for additional units or a multi-ADU complex near historic Downtown Hayward. This is an optimal acquisition for Real Estate Developers or Value-Add Investors focused on long-term yield and density.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 20309 Concord Ave Subject | $750,000* List Price | 2 | 1 | 1,292 | $570 | - |
A 710 Grove Way Active | $729,999 List Price | 3 | 1 | 1,309 | $558 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1930 and retaining many 'original features,' this property likely requires substantial rehabilitation of major systems and interior finishes to meet modern standards. The overgrown exterior vegetation suggests deferred maintenance, and the listing's heavy emphasis on the large lot size and development potential for additional units typically indicates that the primary structure is in a state of significant depreciation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 16416, living area = 1292.
The massive 16,416 sq. ft. lot provides an exceptional opportunity for expansion, with ample space to construct multiple additional ADUs or units to maximize the property's value.
The property includes a 1-bedroom, 1-bathroom basement ADU, offering a turnkey solution for rental income or a private multi-generational living arrangement.
The assigned public schools for this location have low performance ratings, which may impact the property's appeal to families with school-aged children.
Built in 1930 and retaining original features, the home likely requires substantial updates to its major systems and interior finishes to meet modern living standards.
A 1930's charmer, still has some original features in the home! Located in the Colonial Acres subdivision, on a quiet and peaceful street closer to historic Downtown Hayward. A 2 Bedroom 1 bath home with a 1 bedroom, 1 bath ADU in the basement for income possibilities. Home has a very large lot size of over 16,000 sq.ft! Many other ADU's or Units can be built in the large backyard. Plenty of space to drive in to the backyard. A detached garage in the backyard as well. Too many possibilities here! Come see it for yourself to appreciate!
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades K-5 • 0.7 mi
Grades K-6 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 16% |
| Baths | 1.0 | 2.0 | 31% |
| Square foot | 1,292 | 1,444 | 42% |
| Lot Size | 16,416 | 5,800 | 95% |
| Price | $750.0K | $850.0K | 33% |
| Price per sq ft | $580 | $596 | 44% |
| Built year | 1930 | 1951 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 27 | 174 | 1% |
Mar 26, 2026
$750,000
Initial Listing
Sep 1, 1999
$215,000
Public Record
Sep 1, 1999
$107,500
Public Record
Dec 31, 1996
$155,000
Public Record