
Hayward, California 94541
This multi-parcel Residential Income Asset represents a Strong Value Opportunity, listed at $1,899,999—positioned well below the $2,052,954 Fair Market Value by 7%. This valuation gap provides $152,955 in Instant Equity. With a Poor Condition Rating and 1940s vintage infrastructure, the property requires capital expenditure but offers significant Development Potential through ADU expansion. Fully rented and sold as a combined portfolio, this is an ideal acquisition for Buy-and-Hold Investors or Real Estate Developers seeking to maximize long-term yield in Hayward.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22727 Amador St Subject 0 bd · 0 ba · 1,867 sqft · $1,100 | $1,899,999* List Price | 0 | 0 | 1,867 | $1,100 | - |
A 22787 Amador St Active 0 bd · 0 ba · 1,472 sqft · $1,291 · 0.0 mi | $1,899,999 List Price | 0 | 0 | 1,472 | $1,291 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1940 (84+ years old) with no evidence of recent renovations, this property falls into the poor category. The exterior shows significant deferred maintenance, and the listing description emphasizes land value and zoning potential over the condition of the structures, indicating a need for major rehabilitation.
The property is fully occupied, offering investors immediate cash flow from day one without the need for initial tenant placement or vacancy management.
The inclusion of two lots provides a significant value-add opportunity with the potential to construct an ADU or an additional full unit, increasing the property's long-term yield.
Selling two adjacent parcels together provides a larger land footprint in Hayward, offering greater flexibility for future redevelopment and increased land value.
The requirement to purchase both lots together increases the total acquisition cost and limits the buyer pool to those with higher capital capacity.
Built in 1940, the property may require significant capital expenditures for maintenance, seismic upgrades, or modernization of aging systems compared to newer builds.
GREAT OPPORTUNITY FOR TWO LOTS TO BE SOLD TOGETHER! 22785-22787 AMADOR STREET APN 431-0088-026-01 AND 22727, 22737, 22745 AMADOR ST APN 431=0088-021-03. ALL UNITS FULLY RENTED AND A POTENTIAL TO ADD A ADU OR FULL UNIT ON ONE OF THE LOTS. SELLER WILL NOT SELL SEPERATELY! PLEASE DO NOT DISTURB TENANTS BUYER TO CHECK WITH CITY OF HAYWARD FOR ZONING. AGENTS CAN REQUEST LEASES FROM AGENT AND ANY OTHER FINANCIALS IF AVAILABLE. CROSS REFERENCE MLS 41150644 AND MLS 41150650
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 | 1,867 | 2,494.375 |
| Lot Size | 5,581 | 8,180.25 |
| Price | $1.90M | $941.2K |
| Price per sq ft | $1.0K | $432 |
| Built year | 1940 | 1948 |
| HOA | $0 | $0 |
| Days on market | 16 | 61 |
Oct 8, 2026
$1,899,999
Initial Listing
Jul 20, 2018
$550,000
Public Record