Four-Unit Apartment in
For Sale
$1,599,000
Pending
2108 Aldengate Way, Hayward, CA 94545
MULTI_FAMILY - Hayward, CA
Property Size4,756 SF
Lot Size0.20 Acres
Days on Market30
Property Features for 2108 Aldengate Way
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
9
Bathrooms
8
Full bathrooms
5
Half bathrooms
3
Rooms
Bathroom 1, Bedroom 4, Bathroom 5, Bedroom 2, Bathroom 4, Bedroom 8, Bathroom 2, Bathroom 6, Bathroom 8, Bedroom 7, Bedroom 9, Bedroom 5, Bathroom 3, Bedroom 1, Bathroom 7, Laundry Room, Bedroom 3, Bedroom 6
Appliances
Free-Standing Gas Range, Free-Standing Refrigerator
Directions
Hesperian Blvd to Aldengate Way
Subdivision
Hayward
Standard status
Pending
APN
4550026016
Size
4,756 SF
Lot size
0.20 Acres
Building Details
Year built
1968
Floors in Building
2
Number of units
4
Listing Agency:
Century 21 Masters · Century 21 Real Estate
(415) 213-1600
Listed By:
Bailey C Cheung
(415) 608-9848
Added: Jul 3
Changed: Jul 28
Last Checked: Aug 1 at 2:06AM
MLS# 426144030
Copyright © 2026 San Francisco Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This four-unit apartment property is configured with one 3-bedroom, 2-bath unit and three 2-bedroom, 1.5-bath townhouse-style units. Two of the units include a bonus room that can support flexible living needs. Each unit offers washer and dryer hookups, a private yard, and an attached garage, supporting resident convenience and everyday functionality. Additional features include dual-pane windows and thoughtfully designed floor plans throughout the building.
The property is located at 2108 Aldengate Way in Hayward, within Alameda County. It offers ample on-site parking for up to 10 vehicles, including attached garage spaces. The location is described as being just a short distance from Hayward BART Station, with access to nearby shopping, restaurants, grocery options, Kaiser Permanente Medical Center, and Chabot College.
For investors or owner-operators seeking a small multifamily asset, the unit mix and townhouse-style layouts may appeal to tenants looking for multiple bedroom options, outdoor private space, and garage parking. The property’s established residential design and on-site parking capacity are practical considerations for maintaining tenant satisfaction and operational day-to-day usability.
The property is located at 2108 Aldengate Way in Hayward, within Alameda County. It offers ample on-site parking for up to 10 vehicles, including attached garage spaces. The location is described as being just a short distance from Hayward BART Station, with access to nearby shopping, restaurants, grocery options, Kaiser Permanente Medical Center, and Chabot College.
For investors or owner-operators seeking a small multifamily asset, the unit mix and townhouse-style layouts may appeal to tenants looking for multiple bedroom options, outdoor private space, and garage parking. The property’s established residential design and on-site parking capacity are practical considerations for maintaining tenant satisfaction and operational day-to-day usability.
Key Highlights
- Four‑unit apartment building with approx. 4,756 SF and a 1968 year built
- Unit mix: one 3‑bed/2‑bath unit plus three 2‑bed/1.5‑bath townhouse‑style units
- Two units include a bonus room for options such as a home office, study, or flexible workspace
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $154.1k | $32.40 |
| − Vacancy | −$7.6k | −$1.60 |
| EGI | $146.5k | $30.80 |
| − OpEx | −$43.9k | −$9.24 |
| NOI | $102.5k | $21.56 |
4,756 SF · lease $32.40/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.46M
$1.28M – $1.71M
NOI $102,537 @ 7.0% cap · market cap 6.41%
Second Best
Apartment 5plus
$1.32M
$1.15M – $1.54M
NOI $92,248 @ 7.0% cap · market cap 5.77%
Theoretical Best
Office A
$1.47M
$1.29M – $1.72M
NOI $102,912 @ 7.0% cap · market cap 6.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,012
Businesses Nearby
Explore this area
Business Placement
Demographics for 94545, CA
33,786
Population
10,439
Households
3.2
Avg Household Size
39
Median Age
34%
College-Educated
84%
High-School Grad
14.5 sq mi
ZIP Area
2,330
Density / Sq Mi
$115,258
Median Household Income
$55,874
Median Earnings
$2,426
Median Rent
$838,800
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Well-maintained four-unit income property with private yards, attached garages, and in-unit laundry hookups.
Where is this quadplex located?
The property is located at 2108 Aldengate Way Hayward, CA.
What is the asking price?
The asking price for this property is $1,599,000.
What are key features of this property?
This property features: Four‑unit apartment building with approx. 4,756 SF and a 1968 year built; Unit mix: one 3‑bed/2‑bath unit plus three 2‑bed/1.5‑bath townhouse‑style units; Two units include a bonus room for options such as a home office, study, or flexible workspace
