30236 Vanderbilt St, Hayward, California 94544, Hayward, 94544 - bed, bath
ACTIVE$1,189,000
30236 Vanderbilt St, Hayward, California 94544
0Bed
0Bath
Sqft
5,580Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Strong Investment Opportunity: This duplex is explicitly positioned as an income-generating asset, suitable for a 1031 exchange, and poised for future rent growth, making it attractive to investors.
Top Cons:
Property Age & Unspecified System Updates: Built in 1961, and while kitchens and roof are updated, the description does not specify updates to other major systems (e.g., plumbing, electrical, HVAC), suggesting potential for future capital expenditures.
Compared to the nearby listings
Price:$1.19M vs avg $1.24M ($-48,500)25%
Size: sqft vs avg sqft50%
Price/sqft:$0 vs avg $050%
More Insights
Built in 1961 (64 years old).
Condition: Built in 1961, this duplex has received significant recent updates, including a newly installed roof and updated kitchens featuring modern white shaker cabinets, granite countertops, stainless steel appliances, and recessed lighting. While the bathrooms are clean and functional with updated vanities, their overall style is less contemporary than the kitchens. The property appears well-maintained with refreshed flooring and paint in living areas and bedrooms, making it move-in ready. However, given its age, other major systems (plumbing, electrical, HVAC) may not have been extensively updated, preventing an 'Excellent' rating. The substantial recent improvements to key areas like the roof and kitchens, combined with a generally well-kept interior, align with the 'Good' condition criteria.
Year Built
1961
Close
-
List price
$1.19M
Original List price
$1.15M
Price/Sqft
$0
HOA
-
Days on market
-
Sold On
-
MLS number
41090818
Home ConditionGood
Features
Good View:
View-
About this home
Clean duplex in Fairway Greens! Great fit for your 1031 exchange up-leg or addition to your current portfolio. Two large mirror units, each with 2 bedrooms and 1 full bath. Currently generating passive income and poised for future rent growth. Units are separately metered and tenants are both on month to month leases. Both units have their own fireplaces and updated kitchens. New roof just installed! Minutes from highway 880, shopping and restaurants. Strong location to add to your portfolio!
Nearby schools
3/10
Treeview Elementary
Public,•K-6•0.3mi
1/10
Cesar Chavez Middle School
Public,•7-8•1.4mi
3/10
Tennyson High School
Public,•9-12•1.8mi
Condition Rating
Good
Built in 1961, this duplex has received significant recent updates, including a newly installed roof and updated kitchens featuring modern white shaker cabinets, granite countertops, stainless steel appliances, and recessed lighting. While the bathrooms are clean and functional with updated vanities, their overall style is less contemporary than the kitchens. The property appears well-maintained with refreshed flooring and paint in living areas and bedrooms, making it move-in ready. However, given its age, other major systems (plumbing, electrical, HVAC) may not have been extensively updated, preventing an 'Excellent' rating. The substantial recent improvements to key areas like the roof and kitchens, combined with a generally well-kept interior, align with the 'Good' condition criteria.
Pros & Cons
Pros
Strong Investment Opportunity: This duplex is explicitly positioned as an income-generating asset, suitable for a 1031 exchange, and poised for future rent growth, making it attractive to investors.
Separately Metered Units: Units are separately metered, simplifying utility management for the landlord and reducing operational costs as tenants are responsible for their own usage.
Recent Capital Improvement: A new roof has just been installed, significantly reducing immediate capital expenditure for the new owner and enhancing the property's long-term durability.
Updated Kitchens: Both units feature updated kitchens, a key amenity that appeals to tenants and can command higher rental rates.
Flexible Lease Terms: Tenants are on month-to-month leases, offering the new owner immediate flexibility to adjust rents, implement new management strategies, or occupy a unit if desired.
Cons
Property Age & Unspecified System Updates: Built in 1961, and while kitchens and roof are updated, the description does not specify updates to other major systems (e.g., plumbing, electrical, HVAC), suggesting potential for future capital expenditures.
Subpar School District Ratings: Local school ratings are low (1-3 out of 10), which could limit the appeal to families and potentially impact long-term property value appreciation.
Limited Bathroom-to-Bedroom Ratio: Each 2-bedroom unit features only one full bathroom, which may be less appealing to certain tenant demographics (e.g., roommates, larger families) compared to properties with more bathrooms.