
San Lorenzo, California 94541
Rare Hayward residential income opportunity offering four units with three vacancies, providing an incoming owner significant flexibility to establish new tenancies and rental income. The property features a unique configuration with a detached 3-bedroom, 2.5-bath single-family residence plus a separate triplex consisting of three 2-bedroom, 1-bath units. The detached residence offers approximately 1,700 sq. ft. of living space, a large private backyard and an additional approximately 900 sq. ft. storage/workshop area. The triplex features separately metered utilities, dedicated garage parking, laundry facilities and shared outdoor space for residents. Three of the four residences are expected to be delivered vacant, creating an attractive opportunity for an investor or owner-occupant seeking flexibility in a market where vacant units can provide meaningful leasing potential. Situated on an approximately 11,624 sq. ft. lot with approximately 4,418 sq. ft. of total residential building area. A distinctive property combining the privacy and outdoor space of a single-family residence with the income-producing potential of a multi-unit investment.
Property is moderate renovation needed.
Built in 1961, the property is well-maintained but significantly dated. Interiors feature 1960s-era wood paneling, wallpaper, and vintage bathroom fixtures (green toilet/vanity). While functional and move-in ready for tenants, it requires comprehensive cosmetic updates and likely system modernizations due to its 60+ year age.
With three of the four units delivered vacant, an incoming owner has the rare opportunity to immediately set market-rate rents and select their own tenants, maximizing initial cash flow.
The unique layout featuring a detached 3-bedroom single-family home alongside a separate triplex offers the perfect balance of privacy for an owner-occupant and income generation from the secondary units.
The inclusion of a 900 sq. ft. storage/workshop area and a large 11,624 sq. ft. lot provides substantial utility and potential for future development or additional storage income.
Built in 1961, the property may require significant capital expenditure for modernizing systems, roof repairs, or addressing deferred maintenance common in multi-unit buildings of this vintage.
Managing a mixed-use residential site with shared outdoor spaces and multiple tenancies requires more intensive oversight and coordination than a standard single-family rental property.
No exterior & parking available.
No sensitive facilities data found.
Sep 30, 2026
$1,549,000
Initial Listing