710 Grove Way, Hayward, California 94541, Hayward, 94541 - 3 bed, 1 bath
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Hayward, California 94541
This property represents a High-Potential Investment Opportunity with a List Price of $729,999—positioned well below the $742,675 Fair Market Value by 1%. This valuation gap offers $12,676 in Instant Equity for an asset featuring a Condition Rating of 5. The primary value lies in the massive 20,130 sq ft lot, offering rare Zoning Flexibility for a duplex, triplex, or four-plex development near BART. This Value-Add acquisition is perfectly suited for Fix-and-Flip Investors or Developers looking to maximize land utilization in a prime commuter hub.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 710 Grove Way Subject | $729,999* List Price | 3 | 1 | 1,309 | $567 | - |
A 20309 Concord Ave Active | $750,000 List Price | 2 | 1 | 1,292 | $580 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1925 and marketed as an investor opportunity, the property shows significant signs of age and deferred maintenance. Interior images reveal heavily stained and worn carpeting, outdated fluorescent lighting, and a kitchen with aged cabinetry and appliances that likely date back several decades. The listing's emphasis on the large lot and development potential, combined with the 'investor opportunity' branding, confirms that the structure requires substantial rehabilitation and modernization to meet current living standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20130, living area = 1309.
The massive 20,130 sq ft lot offers rare development flexibility in the Bay Area, with potential for multiple units such as a duplex, triplex, or four-plex.
Conveniently located near BART, major highways, and shopping centers, providing excellent accessibility for professionals working across the East Bay and beyond.
Built in 1925 and held by the same family for decades, the home likely requires significant capital expenditure for modernization and structural updates.
The property is served by local schools with low ratings, which may decrease its desirability for families and impact future resale value to owner-occupants.
Opportunity for Expansion or Development! This 2-bedroom, 1.5-bathroom home sits on a large 20,130 sq ft lot and has been in the same family since the 1940s. With plenty of potential, the spacious lot may allow for additional development such as multiple homes, a duplex, triplex, or four-plex (buyer to verify with the city). Conveniently located near BART, shopping centers, and just minutes from the highway, making it ideal for commuters and future investment.
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-6 • 0.7 mi
Grades K-6 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 31% |
| Square foot | 1,309 | 1,444 | 44% |
| Lot Size | 20,130 | 5,800 | 98% |
| Price | $730.0K | $850.0K | 30% |
| Price per sq ft | $558 | $596 | 31% |
| Built year | 1925 | 1951 | 16% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 174 | 1% |
Apr 14, 2026
$729,999
Initial Listing