24545 Leona Drive, Hayward, California 94542, Hayward, 94542 - 5 bed, 2 bath
ACTIVE UNDER CONTRACT$799,000
24545 Leona Drive, Hayward, California 94542
5Beds
2Baths
1,819Sqft
4,545Lot
Price Vs. Estimate
The estimated value ($799,000) is $0 (0%) lower than the list price ($799,000). This property may be overpriced.
Key pros and cons
Top Pros:
Versatile Living & Income Potential: The property features three distinct living spaces, each with a private entrance, offering excellent flexibility for multi-generational living, accommodating extended family, or generating rental income for an owner-occupant.
Top Cons:
Age of Property: Built in 1947, the property is older, which may imply potential for deferred maintenance, outdated systems, or the need for significant upgrades in areas not explicitly mentioned as updated.
Compared to the nearby listings
Price:$799.0K vs avg $1.41M ($-606,000)16%
Size:1,819 sqft vs avg 2,278 sqft33%
Price/sqft:$439 vs avg $61511%
More Insights
This property has been on the market for 100 days.
Built in 1947 (78 years old).
Condition: The property, built in 1947, is aged but appears well-maintained and functional. While the description mentions an 'updated' in-law unit, images reveal that these updates are primarily cosmetic (e.g., LVP flooring) with the kitchenette and bathroom still featuring older cabinets and fixtures. The main kitchen has newer stainless steel appliances but retains very dated wooden cabinets, laminate countertops, and an older tiled floor. The main bathroom is also functional but significantly outdated with older vanity, tiles, and light fixtures. Overall, the property requires minor to moderate updates to modernize its style and features, particularly in the kitchens and bathrooms, aligning with the 'Fair' condition criteria.
Year Built
1947
Close
-
List price
$799K
Original List price
$799K
Price/Sqft
$439
HOA
-
Days on market
100 Days
Sold On
2026-01-16
MLS number
ML82022827
Home ConditionFair
Features
Good View:
View-
About this home
Opportunity awaits at 24545 Leona Drive. This unique single-family home features three distinct living spaces, each with its own private entrance, offering amazing flexibility. The property is comprised of a 2-bedroom, 1-bathroom unit at the front, a separate studio/managers unit with a side entrance, and an updated 2-bedroom, 1-bathroom in-law unit at the rear with its own laundry hookup. This versatile layout is perfect for multi-generational living. It can be utilized for independent housing for extended family, a convenient and accessible home for aging parents, or hosting guests with ease. It also presents a fantastic opportunity for an owner-occupant to generate rental income. Ideally situated with easy access to I-580, I-880, and the San Mateo Bridge, this property's combination of flexibility and convenience is hard to beat.
Nearby schools
5/10
Stonebrae Elementary School
Public,•K-6•3.0mi
3/10
Bret Harte Middle School
Public,•7-8•0.5mi
5/10
Hayward High School
Public,•9-12•0.6mi
Condition Rating
Fair
The property, built in 1947, is aged but appears well-maintained and functional. While the description mentions an 'updated' in-law unit, images reveal that these updates are primarily cosmetic (e.g., LVP flooring) with the kitchenette and bathroom still featuring older cabinets and fixtures. The main kitchen has newer stainless steel appliances but retains very dated wooden cabinets, laminate countertops, and an older tiled floor. The main bathroom is also functional but significantly outdated with older vanity, tiles, and light fixtures. Overall, the property requires minor to moderate updates to modernize its style and features, particularly in the kitchens and bathrooms, aligning with the 'Fair' condition criteria.
Pros & Cons
Pros
Versatile Living & Income Potential: The property features three distinct living spaces, each with a private entrance, offering excellent flexibility for multi-generational living, accommodating extended family, or generating rental income for an owner-occupant.
Strategic Location: Ideally situated with easy access to major freeways (I-580, I-880) and the San Mateo Bridge, providing convenient commutes and regional connectivity.
Updated In-Law Unit: The rear 2-bedroom, 1-bathroom in-law unit is explicitly described as 'updated,' enhancing its appeal and immediate usability for residents or tenants.
Strong High School Rating: Proximity to Hayward High School, which boasts a rating of 5, is a significant advantage for families prioritizing quality secondary education.
Broad Buyer Appeal: The unique layout caters to a diverse range of buyers, including those seeking investment opportunities, multi-generational housing solutions, or flexible living arrangements.
Cons
Age of Property: Built in 1947, the property is older, which may imply potential for deferred maintenance, outdated systems, or the need for significant upgrades in areas not explicitly mentioned as updated.
Extended Days on Market: With 100 days on market, the property may be experiencing challenges in attracting buyers, potentially indicating an overpricing issue or other market-specific concerns.
Single-Family Residence Classification: Despite having three distinct living spaces, the property is classified as a 'Single Family Residence,' which could present complexities with financing or zoning for buyers expecting a multi-family property.