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Four-Unit Residential Income Property
For Sale
$1,350,000

1124 Rex Road, Hayward, CA 94541

Well-maintained four-unit property with two parking spaces per unit and water/garbage paid by the owner.

Property SizeContact for details
Days on Market95

Property Features for 1124 Rex Road

General Information

Standard status Active
Total Parking Spaces 8
Property subtype Quadruplex
Occupancy 50%

Additional Details

Multifamily Units 4

Amenities

Forced Air
Cooktop - Electric
Garbage Disposal
Hood Over Range
Microwave
Oven Range - Electric
Refrigerator
Public Utilities, Water - Public, Shingle

Building Details

Year Built 1968
Tenancy Multi
Listing Agency: GI Joe Homes Inc
Listed By: Virginia Trowbridge
Source: Kw
Added: Jun 4 Changed: Sep 6 Last Checked: Sep 6 at 7:43PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of GI Joe Homes Inc

Investment Insights

Based on property information with market context.

This well-maintained four-unit residential property is configured with each unit offering two bedrooms, one bathroom, and two parking spaces. Parking includes one carport and one open space per unit with a storage closet. Two of the units have been fully renovated and are available to rent or occupy, while the other two units are leased through June 2026.

The owner pays for water and garbage, which can help keep operating costs more predictable for the property. BikeScore is 59 and walkScore is 50, indicating a moderate level of bikeability with a more car-dependent setting.

With immediate rental income from the leased units and renovated availability in the remaining units, this property offers a straightforward four-plex structure suited to both investors and owner-occupants.

Key Highlights

  • Four‑unit property built in 1968, with each unit offering 2 bedrooms and 1 bathroom
  • Two parking spaces per unit: includes one carport plus one open space with a storage closet
  • Two units are fully renovated and ready to rent or occupy

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Butcher Travel Agency Pet Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
50%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,969
Businesses Nearby

Demographics for 94541, CA

69,736
Population
23,217
Households
3
Avg Household Size
36
Median Age
30%
College-Educated
82%
High-School Grad
7.5 sq mi
ZIP Area
9,298
Density / Sq Mi
$106,556
Median Household Income
$52,023
Median Earnings
$2,229
Median Rent
$781,900
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Well-maintained four-unit property with two parking spaces per unit and water/garbage paid by the owner.
Where is this quadplex located?
The property is located at 1124 Rex Road Hayward, CA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Four‑unit property built in 1968, with each unit offering 2 bedrooms and 1 bathroom; Two parking spaces per unit: includes one carport plus one open space with a storage closet; Two units are fully renovated and ready to rent or occupy
More about this property
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