22798 Vermont Street, Hayward, California 94541, Hayward, 94541 - 0 bed, 0 bath
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Hayward, California 94541
This 4-plex presents a High-Potential Investment Opportunity with a List Price of $1,388,888—positioned above the $1,237,600 Fair Market Value. While the property requires capital expenditure due to its Condition Rating of 5, it offers immediate cash flow and a 4,056 sqft footprint in a prime commuter location. The inclusion of a deck adds to the tenant appeal. This asset is best suited for Buy-and-Hold Investors or Value-Add Developers capable of modernizing the aging infrastructure to maximize long-term rental yields.
Property is extensive renovation needed.
The property is 58 years old (built 1966) and shows significant signs of age. Kitchens and bathrooms are dated with original-style cabinetry and worn flooring. The use of portable AC units and wall heaters indicates outdated HVAC systems, and the overall interior condition requires a comprehensive rehab to meet modern standards.
The property is a fully occupied 4-plex, providing stable rental income and a strong cap rate from the day of acquisition, making it an ideal turnkey investment.
Situated in the heart of Hayward near major transit routes, public transportation, and shopping, ensuring high rental demand and long-term desirability for tenants.
With a total of 4,056 square feet, the units offer spacious living areas that exceed the average size for many older multi-family assets in the area.
Built in 1966, the property may require upcoming capital expenditures for deferred maintenance or upgrades to major systems like plumbing and electrical.
As a fully occupied asset in California, immediate rent adjustments to market rates may be restricted by state and local tenant protection laws.
Exceptional investment opportunity in the heart of Hayward! Welcome to 22798 Vermont St, a fully occupied 4-plex delivering immediate cash flow with a strong cap rate. This income producing property features four tenant-occupied units, offering stable rental income from day one. Ideally located near major commuter routes, shopping, dining, schools, and public transportation, this asset combines convenience with long term investment potential. Whether you're looking to expand your portfolio or secure a solid multi-family property in a high demand rental market, this Hayward 4-plex is a rare opportunity you wont want to miss.
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 | 4,056 | 2,016 | 91% |
| Lot Size | 7,150 | 7,629 | 36% |
| Price | $1.39M | $1.02M | 82% |
| Price per sq ft | $342 | $362 | 45% |
| Built year | 1966 | 1953 | 91% |
| HOA | $0 | $0 | 50% |
| Days on market | 27 | 167 | 9% |
May 18, 2026
$1,388,888
Initial Listing
Nov 30, 2016
$1,050,000
Public Record
Feb 16, 2010
$449,000
Public Record