22490 Bayview Ave, Hayward, California 94541, Hayward, 94541 - 5 bed, 3 bath
22490 Bayview Ave
Hayward, California 94541
Property Price
SUMMARY
Analysis of 22490 Bayview Ave, Hayward, California 94541 reveals a property with a current list price of $1,200,000, which is 7% above the estimated $1,121,227 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Hayward Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22490 Bayview Ave Subject | $1,200,000* List Price | 5 | 3 | 2,376 | $472 | - |
A 3280 Ohlone Way Active | $1,388,000 List Price | 3 | 2 | 2,263 | $613 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is land value only, full reconstruction required.
Built in 1904, this property shows significant signs of age and neglect. The interior images reveal extremely outdated features, including popcorn ceilings, very old light fixtures, worn flooring (parquet/linoleum), and wood paneling. The kitchen appliances appear dated, and there are no visible modern updates. The laundry area shows peeling walls and older systems. The exterior is unkempt, and the listing description itself emphasizes the value of the 0.65-acre lot for residential development, explicitly stating the existing home 'likely requires extensive renovation or demolition.' The property's condition suggests the structure is beyond economical repair and its value is primarily in the land.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 26780, living area = 2376.
- Significant Development Potential
The 0.65-acre lot is zoned for residential development, offering rare opportunities for subdivision into multiple residences or creation of a private mini-compound.
- Expansive Lot Size
At 26,780 square feet, this large parcel provides ample space for diverse residential projects and outdoor amenities, a premium in the Bay Area.
CONSRISKS & DEFICIENCIES
- Age of Existing Structure
The property features a home built in 1904, which likely requires extensive renovation or demolition, adding significant costs and complexity to any development project.
- Development Costs and Complexity
Realizing the full potential of this lot (subdivision, new construction) will involve substantial capital investment, navigating local zoning regulations, permits, and construction, which can be a lengthy and costly process.
- High Entry Price Point
The current list price of $1.2 million, coupled with the necessary development or renovation expenses, represents a significant initial investment, potentially narrowing the pool of prospective buyers to well-capitalized developers.
About 22490 Bayview Ave
Seize a rare opportunity to own a 0.65-acre lot in the heart of the Bay Area, zoned for residential development and perfect for investors or developers. This expansive parcel offers endless possibilities: create your own private mini-compound with ample space for a custom home, guest house, and outdoor amenities, or subdivide the lot to build a modern neighborhood of stylish residences. Conveniently located near downtown Castro Valley, Fairview, and major freeways, this property combines urban accessibility with the potential for a bespoke residential project. Don’t miss this unique chance to develop a prime piece of land in a highly sought-after area.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1904
- Lot Size
- 26,780 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 95% |
| Baths | 3.0 | 2.0 | 69% |
| Square foot | 2,376 | 1,558 | 91% |
| Lot Size | 26,780 | 5,830 | 98% |
| Price | $1.20M | $835.0K | 93% |
| Price per sq ft | $505 | $587 | 16% |
| Built year | 1904 | 1951 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 198 | 156 | 82% |
Pricing History
Listed for Sale
Oct 19, 2025
$1,200,000
$1,498,888
-20% Price Drop
Initial Listing
Price Change
Aug 21, 2025
$1,498,888
Initial Listing