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Jeffrey Walker

jeffrey@walkerpropertygroupca.com +1(949) 903-3731

$ 7,500,000

Est. payment | -/mo

1.11 Acres Lot

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$ 7,500,000

Est. payment | -/mo

Save Virtual Tour

1.11 Acres Lot

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML82045670

HOA Y/N No

Lot Size 1.107 Acres

Property Description

Rare development opportunity in the heart of Hayward's Mission Boulevard corridor. This 1.11-acre vacant land parcel comes with architectural plans already submitted to the City of Hayward for a dual-product residential development an exceptional head start for any developer or investor looking to move efficiently through the entitlement process in one of the Bay Area's most active housing markets. The submitted plans propose a total of 45 residential units across two distinct programs: 27 townhomes/condominiums on one portion of the site, and 18 apartment units on the other. This split-parcel strategy allows the developer to pursue both a for-sale exit on the townhomes and a stabilized rental income play on the apartments either as a hold or a cap-rate sale. Situated on Mission Blvd with strong visibility and access, the site benefits from proximity to the Hayward BART Station (~1 mile), I-880 (~0.5 mile), Highway 92, Downtown Hayward, and CSU East Bay. Bay Area rental vacancy remains below 4% and demand for for-sale product in the sub-$1M range continues to outpace supply, making this corridor a compelling target for infill residential development.

Location

State CA

County Alameda

Area 699 - Not Defined

Zoning MB-T4-1-HEIGHT

Interior

Fireplace No

Exterior

Utilities Available Other

View Y/N No

Building

Sewer Other

Water Other

Schools

School District Other

Others

Tax ID 428000605801

Special Listing Condition Standard

Virtual Tour https://youtu.be/jWNhotNSNqo

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Anton Lazarenko eXp Realty of Northern California, Inc. #02177813

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(949) 903-3731

jeffrey@walkerpropertygroupca.com

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21659 Mission BLVD Hayward, CA 94541