22947 Sutro Street, Hayward, California 94541, Hayward, 94541 - 0 bed, 0 bath
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Hayward, California 94541
This Multi-Unit Residential Income Property is a Strong Value Opportunity, listed at $988,000—positioned well below the $1,057,313 Fair Market Value by 6%. This valuation gap provides $69,313 in Instant Equity for the incoming buyer. Featuring a recently remodeled 3-bedroom middle unit and a private deck, the property maintains a Good Condition Rating while offering immediate rental income from two additional units. Located near major Hayward freeways and schools, it perfectly balances lifestyle flexibility with high-yield potential. This is an exceptional acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a strategic house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22947 Sutro Street Subject | $988,000* List Price | 0 | 0 | 2,145 | $493 | - |
A 537 Dean St Pending | $925,000 List Price | 0 | 0 | 1,802 | $513 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready, specifically the middle unit which has been recently remodeled with modern finishes. The kitchen features updated grey shaker cabinetry, quartz countertops, and stainless steel appliances, while the bathroom shows contemporary tile work and fixtures. Although the property was built in 1947, it has been well-maintained with a roof replacement approximately 8 years ago, fresh exterior paint, and new LVP flooring. It does not qualify as 'excellent' because only one of the three units is confirmed to be recently renovated, and the 'as-is' condition suggests some original 1940s infrastructure may remain.
The property features a unique configuration of a duplex plus a detached studio, providing three separate units for maximum rental yield or flexible multi-generational living.
The vacant middle 3-bedroom unit has been recently remodeled and is move-in ready, allowing a buyer to occupy the home immediately while collecting rent from the other units.
With a roof replaced approximately 8 years ago and fresh exterior paint, the property offers enhanced curb appeal and reduced immediate maintenance costs for major structural items.
The property is sold as-is, and the listing explicitly requires the buyer to verify square footage and permits, which may suggest potential unpermitted work or configuration discrepancies.
Built in 1947, the property may have original or aging utility systems that could require future investment to meet modern efficiency standards or repair needs typical of mid-century homes.
Discover a rare income-producing opportunity in Hayward! This beautifully property offers the flexibility of a duplex with an additional detached studio, making it ideal for multi-generational living or rental income. The vacant middle unit (3B1B) has been recently remodeled and is move-in ready, perfect for an owner-occupant. Meanwhile, the front unit (3B1B) and rear studio provide immediate rental income with month-to-month tenants, offering flexibility for future adjustments. Recent upgrades include a roof replacement approximately 8 years ago and fresh exterior paint, adding both value and curb appeal. Conveniently located near major freeways, schools, shopping centers, and dining, this property combines comfort, location, and investment potential. Property sold AS-IS. Buyer to verify square footage, permits, and unit configuration. A must-see opportunity for savvy buyers looking to maximize value in todays market!
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 | 2,145 | 2,016 | 67% |
| Lot Size | 7,950 | 7,524 | 67% |
| Price | $988.0K | $1.02M | 44% |
| Price per sq ft | $461 | $362 | 67% |
| Built year | 1947 | 1950 | 44% |
| HOA | $0 | $0 | 50% |
| Days on market | 34 | 159 | 11% |
Mar 19, 2026
$988,000
Initial Listing
Mar 20, 2009
$281,000
Public Record
Dec 29, 2004
$550,000
Public Record