22234 Prospect St, Hayward, California 94541, Hayward, 94541 - 3 bed, 2 bath
ACTIVE$888,000
22234 Prospect St, Hayward, California 94541
3Beds
2Baths
1,524Sqft
5,000Lot
Year Built
1930
Close
-
List price
$888K
Original List price
$899K
Price/Sqft
$583
HOA
-
Days on market
-
Sold On
-
MLS number
41107923
Home ConditionFair
Features
View-
About this home
Possibly Over-Priced:The estimated price is 15% below the list price. We found 3 Cons,5 Pros. Rank: price - $888.0K(57th), sqft - 1524(49th), beds - 3(50th), baths - 2(50th).
Single family home with two existing additional units at lower level. Sale of home includes City approved plans for an 800 sqf two storey ADU with separate address. An opportunity not to be missed. Walk to downtown and easy access to Bart and shopping.
Nearby schools
2/10
Strobridge Elementary School
Public,•K-6•0.8mi
3/10
Bret Harte Middle School
Public,•7-8•0.6mi
5/10
Hayward High School
Public,•9-12•1.0mi
Price History
Date
Event
Price
09/28/25
Price Change
$888,000-1.2%
08/12/25
Listing
$899,000
Condition Rating
Fair
Built in 1930, this property is aged but appears to be maintained. The kitchen features dated light wood cabinets and light blue square tile countertops and backsplash, likely from a renovation 15-30 years ago. While the refrigerator is a modern stainless steel unit and the kitchen flooring appears to be newer laminate, the overall kitchen and bathroom aesthetics are outdated. Hardwood floors in other areas show wear consistent with an older home, and some light fixtures are vintage. The presence of a window AC unit suggests a lack of central cooling. The property is functional and livable, but requires minor updates and cosmetic renovations to meet current standards, aligning with the 'Fair' condition criteria.
Pros & Cons
Pros
Multi-Unit Income Potential: The property includes a single-family home with two existing additional units at the lower level, offering immediate rental income streams and diverse living arrangements.
Pre-Approved ADU Development: City-approved plans for an 800 sqft two-story Accessory Dwelling Unit (ADU) with a separate address provide a clear path for significant value addition and increased rental capacity.
Prime Urban Location: Situated in Downtown Hayward, the property boasts excellent walkability to local amenities and offers easy access to BART and shopping, enhancing convenience and desirability.
Strong High School District: The property is located within the attendance zone for Hayward High School, which holds a commendable 5-star rating, appealing to families prioritizing secondary education.
Investment & Development Opportunity: The combination of existing income-generating units and approved ADU plans presents a compelling opportunity for investors or owner-occupants seeking to maximize property utility and returns.
Cons
Age of Construction: Built in 1930, the property is nearly a century old, which may suggest potential for deferred maintenance, outdated infrastructure, or the need for significant renovations in the main dwelling.
Discrepancy in Valuation: The current listing price is 14% higher than the property's estimated value, potentially indicating an overvaluation that could impact buyer interest and negotiation.
Lower Elementary School Rating: The assigned elementary school, Strobridge Elementary, has a rating of 2, which might be a consideration for families prioritizing top-tier primary education.