
Hayward, California 94544
This Multi-Generational Residential Asset is a Prime Investment Opportunity, listed at $924,000—positioned well below the $944,059 Fair Market Value by 2%. This valuation gap offers $20,059 in Instant Equity. Featuring a Condition Rating of 3, the home includes fresh paint, new flooring, and a unique dual-kitchen layout. While local schools carry lower ratings, the property’s commuter-friendly location and flexible floor plan make it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24951 Townsend Ave Subject | $924,000* List Price | 5 | 4 | 1,881 | $502 | - |
A 26555 Underwood Ave Sold | $875,000 | 5 | 3 | 1,688 | $518 | 0.8 mi |
B 25889 Cascade St Sold | $1,050,000 | 4 | 2 | 2,161 | $486 | 0.2 mi |
C 26848 Eldridge Ave Sold | $865,000 | 3 | 2 | 1,779 | $486 | 0.9 mi |
D 24920 Soto Rd Sold | $890,000 | 5 | 4 | 2,388 | $373 | 0.8 mi |
E 26847 26847 Gaither Way Sold | $750,000 | 3 | 1 | 1,227 | $611 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1957, the property has undergone a significant cosmetic refresh with brand new flooring and fresh interior paint throughout. The kitchen and bathrooms are well-maintained and functional, and the inclusion of central heat and air indicates updated systems. It is in move-in ready condition, fitting the 5-15 year renovation/well-maintained profile.
The rare floor plan features a secondary kitchen and separate living area upstairs, providing exceptional flexibility for extended families or potential rental income.
The home boasts fresh interior paint and new flooring throughout, offering a clean and modern aesthetic that allows for immediate move-in without initial renovation costs.
Ideally situated in the Parkmead neighborhood with rapid access to I-880 and Highway 92, making it a strategic choice for Bay Area and Silicon Valley professionals.
The local elementary and middle schools carry lower performance ratings (3/10), which may be a deterrent for families prioritizing high-ranking academic districts.
Fitting five bedrooms into under 1,900 square feet results in smaller individual room sizes and may lead to a cramped feel for larger households.
Space, flexibility, and opportunity come together in this unique Parkmead home featuring 5 bedrooms, 3.25 baths, approximately 1,900 sq ft of living space, and a rare floor plan ideal for multi-generational living. Fresh interior paint and new flooring throughout provide a clean, inviting feel while offering the versatility today's buyers are searching for. The main level features a comfortable living room anchored by a classic brick fireplace with gas insert, an open kitchen and dining area, a bright and roomy enclosed bonus/sunroom, and three bedrooms including a spacious primary suite complete with a large walk-in closet and private full bath. Natural light fills the home, creating warm and welcoming living spaces throughout. Upstairs, a unique and highly desirable living arrangement offers exceptional flexibility with a living area, two additional bedrooms, 1.25 baths, a secondary kitchen area, and space for a future laundry setup. Whether accommodating extended family, guests, or evolving household needs, the upper level provides privacy and functionality rarely found in homes of this size. Additional highlights include a spacious two-car garage, large storage shed, side-yard with well, whole house fan, central heat and air, and ample storage throughout. Conveniently located in Hayward's desirable Parkmead neighborhood, you'll enjoy easy access to shopping, dining, schools, parks, public transportation, and major commuter routes including I-880 and Highway 92. Homes offering this combination of size, flexibility, and multi-generational living potential are hard to find. This is the kind of versatility today's market rarely offers. Come see this home for yourself and discover the space, flexibility, and possibilities that make this home truly special.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades 7-8 • 0.8 mi
Grades 9-12 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 84% |
| Baths | 4.0 | 2.0 | 95% |
| Square foot | 1,881 | 1,440 | 72% |
| Lot Size | 5,130 | 5,035 | 55% |
| Price | $924.0K | $900.0K | 53% |
| Price per sq ft | $491 | $634 | 14% |
| Built year | 1957 | 1955 | 57% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 126 | 1% |
May 30, 2026
$924,000
Initial Listing