
Hayward, California 94541
This Turnkey Multi-Family Asset is listed at $1,999,000, aligning with its $1,968,448 Fair Market Value. Generating a substantial $12,000+ in monthly rental income, the property boasts a Good Condition Rating with three units recently renovated with quartz counters and shaker cabinets. The 1987-built quadruplex features a five-car garage, separate meters, and distant hillside views. Located near Burbank Elementary and Hayward High, and minutes from BART, it ensures consistent tenant demand and operational efficiency. This high-yield property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 568 Dean Street Subject | $1,999,000* List Price | 0 | 0 | 5,126 | $384 | - |
A 484 484 B St Sold | $1,530,000 | 0 | 0 | 0 | 0.4 mi | |
B 1124 Rex Road Active | $1,550,000 List Price | 0 | 0 | 4,188 | $370 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property, built in 1987, benefits from extensive recent renovations in three of its four units. These renovated units feature modern grey shaker cabinets, white quartz countertops, stainless steel or modern white appliances, new LVP flooring, and updated bathrooms with modern vanities and tiled showers. While one unit appears to retain older finishes (dark wood cabinets, laminate countertops, older appliances), the overall condition is significantly elevated by the majority of units being meticulously upgraded, making the property largely move-in ready with no immediate major renovations required for most of the living spaces. This aligns with the 'Good' criteria for properties extensively renovated within the last 5-15 years.
The property generates substantial monthly rental income exceeding $12,000, offering immediate and strong cash flow for investors.
Three of the four units have been meticulously renovated and upgraded, positioning it as a 'truly turnkey investment opportunity' with major work already completed.
Ideally situated in the heart of Hayward, minutes from downtown, BART, shopping, restaurants, and other desirable amenities, ensuring strong tenant demand.
The instruction 'Please do not disturb tenants' suggests potential challenges for prospective buyers in conducting thorough inspections or viewing all units prior to purchase.
While three units are renovated, the status of the fourth unit is not explicitly mentioned as upgraded, which may imply future renovation costs or a lower rental yield for that specific unit.
The list price of $1,999,000 represents a significant capital investment, which could limit the pool of potential buyers to those with substantial financial resources.
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.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-6 • 0.9 mi
Grades 7-8 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 5,126 | 2,016 | 89% |
| Lot Size | 6,500 | 6,500 | 50% |
| Price | $2.00M | $1.20M | 89% |
| Price per sq ft | $390 | $362 | 56% |
| Built year | 1987 | 1953 | 89% |
| HOA | $0 | $0 | 50% |
| Days on market | 97 | 159 | 33% |
Jan 15, 2026
$1,999,000
Initial Listing