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Enrique Ricky Martinez

ricky@housesbyricky.com +1(408) 802-9341

Listed by Tony Zizzo • Compass, DRE#01962093

$ 1,599,000

Est. payment -/mo

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Open Wed 5PM-6:30PM

25583 Spring DR Hayward, CA 94542

8 Beds

7 Baths

3,196 SqFt

Open House

Wed May 13, 5:00pm - 6:30pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,196 sqft

Price per Sqft $500

MLS Listing ID ML82046692

Bedrooms 8

Full Baths 7

Year Built 1995

Lot Size 6,204 Sqft

Property Sub-Type Fourplex

Property Description

25583 Spring Drive offers a rare vacant-delivery multifamily opportunity in Hayward's consistently strong rental market. Ideally situated between San Francisco, Oakland, and Silicon Valley, the property provides excellent regional connectivity via I-880, Hwy 92, and the South Hayward BART Station. Located approximately one mile from Cal State East Bay, the asset benefits from durable rental demand driven by students, faculty, and working professionals. The four-unit, two-story building features (3) 2BD/2BA and (1) 2BD/1BA units, totaling 3,196 SF on a 6,204 SF lot with a three-car garage. Built in 1995, the newer vintage construction offers reduced deferred maintenance and long-term operational durability compared to surrounding East Bay inventory. All four units will be delivered vacant, giving the incoming investor full flexibility to set market rents and select tenants from day one no buyouts, no displacement. Projected gross income of approximately $10,400/month. Select units include in-unit washer/dryer, central heat, and central A/C amenities rarely found at this price point. The building is equipped with leased solar panels that offset common area utility costs, and a tenant utility bill-back structure further strengthens net operating income. Solar lease is assumable.

Location

State CA

County Alameda

Area Hayward

Zoning SFR

Rooms

Other Rooms Storage

Kitchen Dishwasher, Oven Range - Electric, Oven Range - Gas

Interior

Heating Central Forced Air - Gas

Cooling Ceiling Fan, Central Forced Air - Gas

Flooring Carpet, Laminate

Laundry Washer/Dryer - Some Units

Exterior

Exterior Feature Back Yard

Parking Features Attached Garage, On Street, Uncovered Parking

Garage Spaces 3.0

Utilities Available Public Utilities

View City

Roof Type Flat / Low Pitch,Shingle

Building

Story 2

Foundation Concrete Perimeter, Crawl Space, Raised

Sewer Sewer - Private

Water Private / Mutual

Level or Stories 2

Others

Tax ID 445-0220-070

Miscellaneous Other

Security Features Other

Horse Property No

Special Listing Condition Not Applicable

Enrique Ricky Martinez

Agent | License ID: 01412926

+1(408) 802-9341

Enrique Ricky Martinez

25583 Spring DR Hayward, CA 94542

Open House

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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25583 Spring DR