$4,325,000

Cap Rate - 5.93% (Current) | GRM – 9.64 (Current) Cap Rate – 6.95% (Proforma) | GRM – 8.81 (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), SB 721 balcony clearance (2026), and most units have been updated to modern open kitchens with stone countertops. 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. Cap Rate - 5.93% (Current) | GRM – 9.64 (Current) Cap Rate – 6.95% (Proforma) | GRM – 8.81 (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), SB 721 balcony clearance (2026), and most units have been updated to modern open kitchens with stone countertops. 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.

$2,000,000

Hayward Highlands Development Opportunity- Rare infill opportunity in the desirable Hayward Highlands featuring gentle topography and expansive Bay views. The property benefits from frontage along two streets at the northern and southern boundaries, which may provide flexible access options for future development planning. Seller previously completed a Conceptual Development Review application with the City of Hayward and prepared preliminary planning materials including a tentative subdivision map and conceptual site layout exploring potential multi-lot development scenarios. Conceptual plans and application materials are available for buyer review. State housing legislation such as SB1123 and SB9 may provide additional development considerations for qualifying projects, subject to zoning, site conditions, and city requirements. Conveniently located near California State University East Bay, retail centers, major transportation corridors, and BART. Buyer to verify all development potential, zoning, subdivision feasibility, utilities, and applicable regulations with the City of Hayward. Hayward Highlands Development Opportunity- Rare infill opportunity in the desirable Hayward Highlands featuring gentle topography and expansive Bay views. The property benefits from frontage along two streets at the northern and southern boundaries, which may provide flexible access options for future development planning. Seller previously completed a Conceptual Development Review application with the City of Hayward and prepared preliminary planning materials including a tentative subdivision map and conceptual site layout exploring potential multi-lot development scenarios. Conceptual plans and application materials are available for buyer review. State housing legislation such as SB1123 and SB9 may provide additional development considerations for qualifying projects, subject to zoning, site conditions, and city requirements. Conveniently located near California State University East Bay, retail centers, major transportation corridors, and BART. Buyer to verify all development potential, zoning, subdivision feasibility, utilities, and applicable regulations with the City of Hayward.