558 A Street, Hayward, California 94541, Hayward, - bed, bath
ACTIVE$699,000
558 A Street, Hayward, California 94541
2Beds
1Bath
864Sqft
7,296Lot
Year Built
1925
Close
-
List price
$699K
Original List price
$699K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
ML82025009
Home ConditionFair
Features
Patio
View-
About this home
A special opportunity to own a property with current & future investment upside from multiple income streams. This large lot is zoned for mixed use (residential & commercial) and already has both structures on site with space for building more. The residence is a move-in ready 2 BR | 1 BA home, and the commercial building has a front lobby, two private offices, plus a full kitchen & full bathroom. The back lot is completely flat and ready to build on. Examples of options to build include an ADU, duplex, or commercial unit with 2 residential units. The choice is yours! This is a very convenient location, within walking distance to BART, grocery shopping, an elementary school, downtown Hayward, and just a short drive to both 880 and 580 freeways. Come and see the investment potential for yourself!
Nearby schools
5/10
Burbank Elementary School
Public,•K-6•0.3mi
2/10
Cherryland Elementary School
Public,•K-6•0.6mi
2/10
Strobridge Elementary School
Public,•K-6•1.2mi
2/10
Colonial Acres Elementary School
Public,•K-5•1.6mi
3/10
Bret Harte Middle School
Public,•7-8•0.7mi
3/10
Winton Middle School
Public,•7-8•0.7mi
2/10
Bohannon Middle School
Public,•6-8•2.0mi
1/10
Edendale Middle School
Public,•6-8•2.3mi
5/10
Hayward High School
Public,•9-12•1.2mi
4/10
East Bay Arts High School
Public,•9-12•1.3mi
4/10
San Lorenzo High School
Public,•9-12•2.0mi
7/10
Arroyo High School
Public,•9-12•2.7mi
Price History
Date
Event
Price
10/16/25
Listing
$699,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (88 Listings) | |
|---|---|---|---|
| Beds | 2 | 3 | 25% |
| Baths | 1 | 2 | 31% |
| Square foot | 864 | 1,540 | 10% |
| Lot Size | 7,296 | 5,700 | 64% |
| Price | $699K | $850K | 11% |
| Price per square foot | $809 | $608 | 90% |
| Built year | 1925 | 1951 | 9% |
| HOA | |||
| Days on market | 20 | 148 | 1% |
Condition Rating
Fair
The property, built in 1925, has a residential unit that is described as 'move-in ready' and appears well-maintained with hardwood floors and neutral paint. However, the kitchen, while having newer stainless steel appliances, features traditional dark wood cabinets and older-style tile flooring, suggesting a renovation that is likely 15-30 years old rather than recent. Visible wall heaters indicate an older heating system. The commercial unit's kitchen and bathroom are significantly more dated. Overall, the property is functional and maintained but shows signs of being outdated in key areas, aligning with the 'Fair' condition criteria.
Pros & Cons
Pros
Mixed-Use Zoning & Development Potential: The large, flat lot is zoned for mixed-use (residential & commercial), offering significant future development opportunities such as ADUs, duplexes, or additional commercial/residential units.
Multiple Income Streams: With existing residential and commercial structures already on site, the property provides immediate potential for diverse income generation.
Prime Commuter Location: Highly convenient location within walking distance to BART, downtown Hayward, grocery shopping, and an elementary school, with easy freeway access (880/580).
Move-in Ready Residence: The existing 2-bedroom, 1-bathroom residence is move-in ready, providing immediate residential utility or rental income.
Existing Commercial Space: A dedicated commercial building with a lobby, two private offices, a full kitchen, and a bathroom offers immediate business operation or commercial rental potential.
Cons
Age of Structures: Built in 1925, the existing structures may require ongoing maintenance or updates to meet modern standards and preferences, despite the residence being described as 'move-in ready'.
Small Residential Footprint: The 864 sqft, 2-bedroom, 1-bathroom residential unit is relatively small, which might limit its appeal to larger families or those seeking more spacious living.
Potential Overpricing: The current listing price is approximately 8% higher than the estimated property value, which could deter potential buyers or lead to longer market time.