22071 Montgomery St, Hayward, California 94541, Hayward, 94541 - 0 bed, 0 bath
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Hayward, California 94541
This property presents a High-Potential Investment Opportunity with a List Price of $1,249,000—positioned above the $1,086,246 Fair Market Value. While the price reflects a premium, the Triplex configuration and 17,360 sqft lot offer significant development upside. With a Condition Rating of 5, the property requires a full interior and systems rehab. The potential to legalize a nonconforming studio and develop three additional units provides a path to substantial equity growth. This is a strategic acquisition for Buy-and-Hold Investors or Developers focused on long-term cash flow.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22071 Montgomery St Subject | $1,249,000* List Price | 0 | 0 | 2,193 | $495 | - |
A 537 Dean St Sold | $927,000 | 0 | 0 | 1,802 | $514 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1930, this property is explicitly marketed as a 'Value-Add Investment Opportunity.' Interior photos show a highly dated bathroom with older tile and fixtures, and living areas that appear to have gone 30-50 years without a modern renovation. The age and description suggest the need for a full rehab of systems and interiors.
The property features a triplex configuration plus a nonconforming studio, offering multiple immediate income streams and strong cash flow potential for investors.
Includes a second parcel with the potential to build up to three additional units, providing a rare opportunity for substantial equity growth and portfolio expansion.
Situated on a large 17,360 sqft lot, the property offers ample off-street parking and a detached workshop, rare features that enhance tenant appeal and utility.
Originally built in 1930, the property may require significant ongoing maintenance and capital expenditures to modernize systems and interiors.
The studio unit is currently nonconforming and development potential is unverified, requiring the buyer to navigate complex municipal approvals and potential legalization costs.
Exceptional Value-Add Investment Opportunity; Versatile income-producing property featuring a single-family residence plus two additional legal rental units, creating multiple income streams and strong cash flow potential. An additional nonconforming studio unit offers the possibility of future legalization (buyer to verify with the appropriate agencies), providing further upside. The property also includes a second parcel with development potential for up to three additional units (buyer to verify), making this a rare opportunity for investors and owner-occupants alike. Additional features include ample off-street parking for all units and a detached workshop/storage building. Conveniently located near downtown Hayward, shopping, dining, public transportation, and major commuter routes.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 2,193 | 2,091.5 |
| Lot Size | 17,360 | 7,725 |
| Price | $1.25M | $1.04M |
| Price per sq ft | $570 | $477 |
| Built year | 1930 | 1919 |
| HOA | $0 | $0 |
| Days on market | 5 | 91 |
Jul 17, 2026
$1,249,000
Initial Listing
Sep 24, 2021
$1,248,000
Public Record