387 Tennyson Rd, Hayward, California 94544, Hayward, 94544 - 4 bed, 2 bath
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Hayward, California 94544
This High-Potential Development Asset presents a High-Potential Investment Opportunity with a List Price of $858,888—positioned well below the $895,906 Fair Market Value by 4%. This valuation gap offers $37,018 in Instant Equity. While currently in a Fair Condition Rating, the property’s massive 8,532 sqft lot and SB9/ADU development potential provide significant forced appreciation. Featuring RV/Boat access and a mountain range view, this is a strategic acquisition for Value-Add Investors or Owner-Users looking to maximize land utility.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 387 Tennyson Rd Subject | $858,888* List Price | 4 | 2 | 1,220 | $734 | - |
A 314 Sparling Dr Sold | $705,000 | 3 | 1 | 951 | $741 | 0.4 mi |
B 266 Gloria St Sold | $715,000 | 3 | 1 | 1,107 | $646 | 1.0 mi |
C 27906 Thackeray Avenue Active | $828,888 List Price | 3 | 2 | 1,146 | $723 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1952, the property appears well-maintained and clean but features dated styles and finishes. The kitchen has older oak cabinetry and fluorescent lighting, and the living areas utilize basic tile flooring and older ceiling fans. While functional and move-in ready, the home has not undergone a full modern renovation in recent years, aligning with the 'fair' criteria for aged but maintained properties with outdated components.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8532, living area = 1220.
The oversized 8,532 sqft lot provides a rare opportunity for value-add strategies, including the potential for an ADU, JADU, or an SB9 urban lot split to create multiple income streams.
The property features a unique separate entrance from Cole Pl. and ample space for RV, boat, or contractor truck parking, making it highly functional for owner-users with specialized storage needs.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1220, other record living area = 1050. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The current 4-bedroom, 2-bath configuration conflicts with public records showing a 3-bedroom, 1-bath, which may present challenges for financing or require retroactive permitting.
Built in 1952 and marketed as an investment opportunity, the property likely requires significant modernization or repairs to address age-related wear and meet modern buyer expectations.
Opportunity knocks in Hayward! Situated on a generous lot, this property offers excellent potential for expansion, additional units, or future development (buyer to verify with City of Hayward). Ideal for investors, builders, or owner-users looking to maximize value. Lot is perfect for RV/Boat Access Contractor trucks. Unique separate entrance from Cole Pl. for your toys. The home is currently configured as a 4-bedroom, 2-bath, offering flexible living space for extended family or rental income (public records reflect 3-bedroom, 1-bath — buyer to verify). The lot size and layout may present an opportunity for an ADU, JADU, or possible SB9 urban lot split, creating multiple income streams or long-term upside. Strong candidate for value-add strategies including ADU development or lot split potential. Conveniently located near schools, parks, shopping, BART, and major commuter routes. Rare chance to unlock the full potential of this property — don’t miss it!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 68% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,220 | 1,318.5 | 39% |
| Lot Size | 8,532 | 5,360 | 97% |
| Price | $858.9K | $889.5K | 38% |
| Price per sq ft | $704 | $649 | 68% |
| Built year | 1952 | 1955 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 22 | 168 | 1% |
Apr 6, 2026
$858,888
$958,888
-10% Price Drop
Initial Listing
Mar 31, 2026
$958,888
Initial Listing
Nov 30, 1994
$147,000
Public Record