22622 22622 2nd Street, Hayward, California 94541, Hayward, 94541 - 0 bed, 0 bath
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Hayward, California 94541
This Value-Add Triplex represents a strategic acquisition in the heart of Hayward, featuring a List Price of $799,000—positioned near its $764,115 Fair Market Value. Currently holding a Condition Score of 5, the property requires significant rehabilitation for its vacant unit but offers immediate income from two occupied units. The expansive 10,000 Sq Ft Lot provides rare density and reserved parking within walking distance of Downtown Hayward and BART. This asset is a high-yield opportunity for Buy-and-Hold Investors or Contractors looking to capitalize on forced appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22622 22622 2nd Street Subject | $699,000* List Price | 0 | 0 | 1,714 | $378 | - |
A 22369 Main St Sold | $730,000 | 0 | 0 | 2,016 | $362 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1945, this triplex shows significant signs of aging and deferred maintenance. While two units are currently occupied, the vacant unit requires substantial rehabilitation, featuring outdated wood paneling, old linoleum flooring, and antiquated kitchen and bathroom fixtures. The listing description and property analysis confirm the need for significant repairs and modernization of aging infrastructure.
As a triplex with two units already occupied, this property provides immediate rental income and a steady cash flow for investors from day one.
The property is situated in the heart of Hayward within walking distance to the downtown area, ensuring high tenant demand and easy access to local amenities.
The expansive 10,000-square-foot lot is a rare find for a multi-unit property, offering reserved parking for all units and potential for future site improvements.
One unit is currently vacant and requires significant repairs, which will necessitate an upfront capital investment before it can be market-ready.
Built in 1945, the property may feature dated systems and structural components that could lead to higher maintenance costs and the need for modernization.
PRICED REDUCED BY $100 K FOR QUICK SALE. One bed One bath Duplex one rented & one need to fix as per your taste and another unit rented. 2 Units rented / One vacant to fix in the heart of Hayward. All Units with reserved parking. Prime location, short walk to Hayward Down Town. As per sellers - Single Garage Ceiling 7.6 & Double 7.25'. Main Storage 564.sq ft 28x21.3, Second Storage 156 sq ft 20x7.8 Office 96.25 sq ft 96.25 (11x8.25)Additional Off.136.83 (7.1 x19.3)Outside off 179.49 sq ft (9.3x19.3) Double garage 333.98 f (17.25 x19.3) Single garage 159.23 sq ft (8.25 x19.3)Den 72.63 sq ft, outside Lot 957 sq ft, Electrical connections everywhere, storage lock separately, on site parking, Gated Entry. OPPORTUNITY FOR BUILDERS OR INVESTORS subject to plan and approval.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,714 | 1,714 | 50% |
| Lot Size | 10,000 | 7,524 | 67% |
| Price | $699.0K | $1.02M | 22% |
| Price per sq ft | $408 | $362 | 56% |
| Built year | 1945 | 1950 | 44% |
| HOA | $0 | $0 | 50% |
| Days on market | 53 | 159 | 22% |
Apr 14, 2026
$699,000
$799,000
-13% Price Drop
Initial Listing
Mar 15, 2026
$799,000
$899,000
-11% Price Drop
Initial Listing
Feb 28, 2026
$899,000
Initial Listing
Mar 13, 2015
$495,000
Public Record
Dec 17, 2010
$80,000
Public Record
May 31, 2000
$195,000
Public Record