742 B St, Hayward, California 94541, Hayward, 94541 - 0 bed, 0 bath
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Hayward, California 94541
This Historic Mixed-Use Triplex is a Strong Value Opportunity listed at $1,399,000, representing a stable entry point at its $1,399,000 Fair Market Value. This meticulously restored 1897 Victorian landmark maintains a Condition Rating of 3, featuring a turnkey ground-floor restaurant and two expansive residential units. Boasting a lush outdoor patio and a prime location just 4 minutes from BART, the property offers diverse revenue streams and architectural prestige. This is an ideal acquisition for Owner-Occupants or Portfolio Investors seeking a trophy asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 742 B St Subject | $1,399,000* List Price | 0 | 0 | 4,200 | $333 | - |
A 1124 Rex Road Active | $1,550,000 List Price | 0 | 0 | 4,188 | $370 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is a meticulously maintained Victorian landmark that underwent an extensive three-year restoration completed around 2004. It is move-in ready, featuring high-quality interior finishes such as hardwood flooring, crown molding, and updated kitchens with stone countertops and stainless steel appliances. The bathrooms appear updated with modern tiling and fixtures. While the major restoration occurred over 20 years ago, the presence of recent 2025 inspection reports and the excellent visual condition of the commercial restaurant and residential units indicate a high level of ongoing maintenance and functional systems.
A meticulously restored 1897 Victorian landmark, considered one of Hayward's most significant architectural gems, offering unique character and prestige that modern builds cannot replicate.
Ideally situated for commuters and customers alike, located just a 4-minute walk from BART and 200 steps from a massive public parking garage.
This mixed-use triplex features a long-standing ground-floor restaurant and two expansive residential apartments, providing a versatile investment with multiple income sources.
As a structure originally built in 1897, the property will likely require specialized and more frequent maintenance to preserve its historic integrity and landmark status.
The Commercial/Restaurant zoning and existing restaurant infrastructure require a buyer comfortable with commercial lease management and specific business-related liabilities.
The second floor offers a massive 1,400 sq. ft. footprint but is configured as only a one-bedroom unit, which may represent an inefficient use of space for maximizing residential rental yields.
Fantastic opportunity to own a truly rare property. This Beautiful Victorian home was built in 1897, and is undoubtedly an architectural landmark, lovingly restored over a three year period beginning in 2000. Probably the most beautiful Victorian in the entire city of Hayward. 3 stories of historic grandeur. Nuemanali's Restaurant has been on the 1st floor since 2004. Seller may consider the restaurant in purchase if buyer is interested. Appx 1,450 sq. ft. interior seats 30-35 people and the lush outdoor patio/garden area in back seats another 30-40 people. A great spot for celebrations or intimate dinners. Located in downtown Hayward across from City Hall. Massive public parking garage is only 200 steps away. Big bonus... BART is a 4 minute walk away! Huge 1,400 sq. ft. 1 bedroom 1 bath apartment on 2nd floor, and 1,350 sq. apartment on 3rd story. Both apartments have entry/exit doors on both the front and back of the building. Alameda County public records indicate 4,200 sq. ft. total. Drawings/measurements/calculations are immediately available. Termite, Roof, and General Property Inspection reports performed on 08/29/2025. All 3 reports available. Parking in back. Zoned Commercial/Restaurant. MANY POSSIBILITIES!
No exterior & parking available.
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 | 4,200 | 2,016 | 89% |
| Lot Size | 9,726 | 7,524 | 67% |
| Price | $1.40M | $1.20M | 78% |
| Price per sq ft | $333 | $349 | 44% |
| Built year | 2004 | 1953 | 89% |
| HOA | $0 | $0 | 50% |
| Days on market | 190 | 174 | 78% |
Oct 14, 2025
$1,399,000
Initial Listing
Apr 4, 2006
$335,000
Public Record