944 Walpert St, Hayward, CA 94541
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
944 Walpert St,Hayward, CA 94541
$4,500,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: davide pio
Office: bcre
MLS#:41115887
Source:CRMLS
Price summary
- Price:$4,500,000
About this home
Cap Rate - 5.74% (Current) | GRM – 9.82 (Current) Cap Rate – 6.28% (Proforma) | GRM – 9.29 (Proforma) 944 Fletcher Ln, in the Hayward foothills [alt addrs: 944 Walpert St multifamily asset features eighteen (18), of which nine are 1 bed / 1 bath units, and the remaining nine are 2 beds / 1 bath. The property has been well-maintained and upgraded over the years. Improvements include a new roof and electric panels (2025), and most units have been updated to modern open kitchens with stone countertops. Additionally, some 1st floor units have backyards, while others on floors 2 and 3 have balconies. Those units with a west-facing view enjoy beautiful views stretching all the way to the bay. A total of 18 covered parking spaces and 8 additional uncovered spaces are rented for a fee. The elevator serves all 3 floors and a laundry room on two floors. The property allows for a turn-key investment with upside in one of Hayward foothills. Located in the Mission / Foothills neighborhood, the property is under one (1) mile from vibrant downtown Hayward + Hayward Bart station, and 1.5 miles from CSU East Bay. A short drive provides quick access to Highway 580 / 238 interchange or the 880 / 92 freeway, allowing easy connections to San Francisco, Silicon Valley, and the peninsula.
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Home facts
- Year built:1967
- Listing ID #:41115887
- Added:45 day(s) ago
- Updated:December 06, 2025 at 02:20 PM
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Roof:Tar Gravel
- Year built:1967
- Lot area:0.62 Acres
Finances and disclosures
- Price:$4,500,000
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