555 Laurel Avenue, Hayward, California 94541, Hayward, 94541 - 1 bed, 1 bath
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Hayward, California 94541
Analysis of 555 Laurel Avenue, Hayward, California 94541 is currently available with a list price of $898,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. 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 Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
Built in 1925 and over 100 years old with no recorded renovations, this 624 sq ft cottage is marketed primarily for its land value and redevelopment potential on a massive 22,248 sq ft lot. The listing explicitly targets builders and investors for expansion or SB9 opportunities, indicating the structure is likely at the end of its functional life.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 22248, living area = 624.
The massive 22,248 sq ft lot is a rare find in Hayward, offering significant opportunities for SB9 development, ADU additions, or a large-scale custom estate.
Ideally situated near Downtown Hayward with rapid access to I-880, I-580, Highway 92, and BART, making it a prime location for Bay Area professionals.
With only 624 sq ft of existing living space, the nearly $1M list price reflects land value almost exclusively, which may challenge traditional residential financing.
The original 1925 cottage is likely to require significant modernization or demolition, adding substantial immediate capital requirements to the purchase.
Situated on an expansive 22,248± sq ft lot, this rare Hayward property presents exceptional potential for investors, builders, or owner-users seeking future upside. The existing 624± sq ft cottage features 1 bedroom and 1 bathroom and offers a unique opportunity for expansion, redevelopment, or customization (buyer to verify development possibilities with the City of Hayward). The oversized parcel provides an increasingly hard-to-find combination of space, flexibility, and long-term value. Whether envisioning a custom home expansion, ADU additions, outdoor amenities, or exploring potential SB9 opportunities, the property offers numerous possibilities in a centrally located Bay Area setting. Conveniently located near Downtown Hayward, shopping, dining, parks, and major commuter routes including I-880, I-580, and Highway 92. Just minutes from BART service, providing convenient access throughout the Bay Area. Nearby educational institutions include California State University, East Bay and Chabot College.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 0.4 mi
Grades K-6 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 3.0 | 7% |
| Baths | 1.0 | 2.0 | 32% |
| Square foot | 624 | 1,329 | 3% |
| Lot Size | 22,248 | 5,616 | 96% |
| Price | $898.0K | $860.0K | 61% |
| Price per sq ft | $1.4K | $598 | 99% |
| Built year | 1925 | 1951 | 19% |
| HOA | $0 | $0 | 50% |
| Days on market | 30 | 148 | 3% |
Jun 6, 2026
$898,000
$998,000
-10% Price Drop
Initial Listing
May 14, 2026
$998,000
Initial Listing
May 1, 2013
$300,000
Public Record
Apr 30, 2013
$800,000
Public Record
Feb 23, 2012
$1,030,000
Public Record