
Hayward, California 94542
Analysis of 25583 Spring Drive, Hayward, California 94542 is currently available with a list price of $1,599,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Hayward Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1995 (29 years old), the property falls into the Fair category as it is over 20 years old with mostly original finishes. While systems like central HVAC and solar panels are significant assets, the kitchen and bathrooms are dated with 90s-era oak cabinetry and tile countertops, requiring cosmetic updates to meet modern standards.
The property is delivered with all four units vacant, allowing an investor to immediately capture market-rate rents and select tenants without the legal hurdles or costs of tenant buyouts.
Built in 1995, this newer vintage asset features central A/C, central heat, and in-unit laundry—premium amenities that reduce deferred maintenance and command higher rents compared to older East Bay inventory.
Located just one mile from Cal State East Bay and near major transit hubs like BART and I-880, the property is perfectly positioned to tap into a consistent pool of student and professional renters.
The property provides only a three-car garage for four multi-bedroom units, which may create parking challenges for tenants and limit the property's appeal to households with multiple vehicles.
While solar panels offset common area costs, the lease is an ongoing financial obligation that must be assumed by the buyer, adding a fixed expense to the operating budget.
25583 Spring Drive offers a rare vacant-delivery multifamily opportunity in Hayward's consistently strong rental market. Ideally situated between San Francisco, Oakland, and Silicon Valley, the property provides excellent regional connectivity via I-880, Hwy 92, and the South Hayward BART Station. Located approximately one mile from Cal State East Bay, the asset benefits from durable rental demand driven by students, faculty, and working professionals. The four-unit, two-story building features (3) 2BD/2BA and (1) 2BD/1BA units, totaling 3,196 SF on a 6,204 SF lot with a three-car garage. Built in 1995, the newer vintage construction offers reduced deferred maintenance and long-term operational durability compared to surrounding East Bay inventory. All four units will be delivered vacant, giving the incoming investor full flexibility to set market rents and select tenants from day one no buyouts, no displacement. Projected gross income of approximately $10,400/month. Select units include in-unit washer/dryer, central heat, and central A/C amenities rarely found at this price point. The building is equipped with leased solar panels that offset common area utility costs, and a tenant utility bill-back structure further strengthens net operating income. Solar lease is assumable.
No exterior & parking available.
Grades K-6 • 2.6 mi
Grades 7-8 • 1.2 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1995 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
May 11, 2026
$1,599,000
Initial Listing
Jan 5, 1996
$231,000
Public Record
Dec 14, 1994
$35,000
Public Record