22369 Main St, Hayward, California 94541, Hayward, - bed, bath
ACTIVE$795,000
22369 Main St, Hayward, California 94541
0Bed
0Bath
Sqft
4,800Lot
Year Built
1935
Close
-
List price
$795K
Original List price
$795K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
41116226
Home ConditionPoor
Features
Deck
View-
About this home
This triplex is ideally located in North Hayward, just steps from Downtown. Enjoy the convenience of walking to the new Lincoln Landing Project and City Center Shopping Center featuring Safeway. Commuters will love the easy access, only a 15-minute walk to BART. With its unbeatable location this property is perfect for investors. Two vacant units allows new owner to select the tenant. Features one one-bedroom unit and two two-bedroom units. Garage and front parking pad. VALUE ADD OPPORTUNITY.
Nearby schools
2/10
Strobridge Elementary School
Public,•K-6•0.9mi
3/10
Bret Harte Middle School
Public,•7-8•0.4mi
5/10
Hayward High School
Public,•9-12•0.8mi
Price History
Date
Event
Price
10/30/25
Listing
$795,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (8 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 0 | 0 | |
| Lot Size | 4,800 | 5,800 | 11% |
| Price | $795K | $1.2M | 11% |
| Price per square foot | $0 | $0 | |
| Built year | 1935 | 1963 | 11% |
| HOA | |||
| Days on market | 7 | 151 | 11% |
Condition Rating
Poor
Built in 1935, this triplex is explicitly marketed as a 'VALUE ADD OPPORTUNITY,' indicating significant required capital investment. The images confirm this, showing a very outdated kitchen with old appliances and laminate countertops, and a dated bathroom with basic fixtures and older flooring. The electrical panel appears to be an older system, likely requiring a full upgrade. While functional, the property requires substantial rehabilitation and modernization to meet current standards and tenant expectations, aligning with the 'poor' condition criteria.
Pros & Cons
Pros
Prime Location: Ideally situated in North Hayward, just steps from Downtown, offering convenient access to the new Lincoln Landing Project and City Center Shopping Center with Safeway.
Excellent Commuter Access: Highly desirable for commuters with an easy 15-minute walk to BART, enhancing tenant appeal and property value.
Income-Generating Triplex: A dedicated residential income property featuring one 1-bedroom and two 2-bedroom units, providing multiple revenue streams.
Immediate Tenant Selection & Rent Optimization: Two vacant units offer the new owner immediate flexibility to select tenants, set market rents, and potentially implement property improvements without existing tenant disruption.
Significant Value-Add Potential: Explicitly identified as a 'VALUE ADD OPPORTUNITY,' suggesting substantial upside through renovation, modernization, and operational enhancements to increase future income and equity.
Cons
Property Age: Built in 1935, the property is likely to require significant capital investment for updates, deferred maintenance, and modernization of systems to meet current standards and tenant expectations.
Required Capital Investment: The 'value-add' nature implies the property is not turn-key and will necessitate additional funds beyond the purchase price for renovations and upgrades to maximize its income potential.
Mixed School Ratings: While one high school is highly rated, the elementary and middle schools have lower ratings (2 and 3), which could be a deterrent for families prioritizing top-tier public education across all levels.