Realkey.ai
RealKey
‪(213) 433-7766‬

568 Dean Street, Hayward, California 94541, Hayward, 94541 - bed, bath

568 Dean Street, Hayward, California 94541 home-pic-0
ACTIVE$1,999,000/sqft
568 Dean Street, Hayward, California 94541
0Bed
0Bath
Sqft
6,500Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Exceptional Income Generation: The property generates a substantial monthly rental income exceeding $12,000, offering a strong return on investment from day one.
Top Cons:
Partial Renovation: While three units are renovated, one unit remains unrenovated, potentially requiring future investment to match the quality and rental income of the others.

Compared to the nearby listings

Price:$2.00M vs avg $1.20M (+$799,000)86%
Size: sqft vs avg sqft50%
Price/sqft:$0 vs avg $050%

More Insights

Built in 1987 (39 years old).
Condition: Built in 1987, this fourplex has undergone substantial renovations. The listing explicitly states that 'three of the four units have been meticulously renovated and upgraded with modern amenities.' Images of these renovated units confirm this, showcasing modern gray shaker cabinets, white quartz countertops, stainless steel/black appliances, contemporary laminate flooring, and updated bathrooms with new vanities and tiled showers. While one unit may not be as extensively renovated, the overall condition is significantly elevated by the recent, high-quality updates in the majority of the units, making the property largely move-in ready with well-maintained systems.
Year Built
1987
Close
-
List price
$2M
Original List price
$2M
Price/Sqft
$0
HOA
-
Days on market
-
Sold On
-
MLS number
41121080
Home ConditionGood
Features
View-

About this home

Exceptional investment opportunity to own a well-positioned multi-family property in the vibrant city of Hayward. This fourplex is ideally located in the heart of Hayward, just minutes from downtown, BART, shopping, restaurants, and other desirable amenities. The property generates monthly rental income exceeding $12,000 and has benefited from substantial renovations following significant improvements that have enhanced both its quality and income potential. Three of the four units have been meticulously renovated and upgraded with modern amenities, offering long-term appeal and strong tenant demand. Additional highlights include a five-car garage and separate gas and electric meters for each unit, providing operational efficiency and tenant convenience. This fourplex represents a truly turnkey investment opportunity, with the major work already completed. Whether you are a seasoned real estate investor or a first-time buyer looking to build wealth through income property, this offering is not to be missed. Please do not disturb tenants. For additional information or questions, please get in touch with the listing agent at (925) 658-2131.

B
Bahman Noori
Listing Agent

Nearby schools

5/10
Burbank Elementary School
Public,•K-6•0.4mi
3/10
Park Elementary School
Public,•K-6•0.9mi
3/10
Winton Middle School
Public,•7-8•0.4mi
5/10
Hayward High School
Public,•9-12•1.1mi
5/10
Mount Eden High School
Public,•9-12•2.8mi
Condition Rating
Good
Built in 1987, this fourplex has undergone substantial renovations. The listing explicitly states that 'three of the four units have been meticulously renovated and upgraded with modern amenities.' Images of these renovated units confirm this, showcasing modern gray shaker cabinets, white quartz countertops, stainless steel/black appliances, contemporary laminate flooring, and updated bathrooms with new vanities and tiled showers. While one unit may not be as extensively renovated, the overall condition is significantly elevated by the recent, high-quality updates in the majority of the units, making the property largely move-in ready with well-maintained systems.
Pros & Cons

Pros

Exceptional Income Generation: The property generates a substantial monthly rental income exceeding $12,000, offering a strong return on investment from day one.
Strategic Location: Ideally situated in the heart of Hayward, minutes from downtown, BART, shopping, and dining, ensuring high tenant demand and convenience.
Extensive Unit Renovations: Three of the four units have undergone meticulous renovations and upgrades with modern amenities, enhancing appeal and tenant satisfaction.
Operational Efficiency: Separate gas and electric meters for each unit provide operational efficiency, simplify utility management, and offer tenant convenience.
Valuable On-Site Parking: The inclusion of a five-car garage is a significant asset, providing ample parking and adding value in an urban setting.

Cons

Partial Renovation: While three units are renovated, one unit remains unrenovated, potentially requiring future investment to match the quality and rental income of the others.
Tenant Occupancy Restrictions: The 'do not disturb tenants' directive may complicate property showings and thorough inspections for potential buyers.
High Capital Investment: With a list price of $1,999,000, this property represents a significant capital outlay, which may narrow the pool of eligible investors.
Browse Properties by State Browse housing market trends by state