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Two-Story Apartment Complex

1250 E Street Hayward, CA 94541

1250 E Street, Hayward, CA, 94541
$1,750,000
For Sale
$1,750,000

Eight one-bedroom units in a circa 1964 two-story building with carport parking for each unit.

Property Size3,120 SF
Price / SF$560.90
Days on Market72

Property Features for 1250 E Street

General Information

Standard status
Active
Size
3,120 SF
Property subtype
5+ Units

Building Details

Year Built
1964
Listing agency Michael Tanzillo R.E. Brkr
Listed by Paul Mader · License #00795784
Source Compass
Added: May 13 Updated: Jul 22 at 10:28PM Checked: Jul 22 at 10:28PM

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 Michael Tanzillo R.E. Brkr


Investment Insights

Based on property information with market context.

This circa 1964 two-story apartment complex includes eight one-bedroom units. The property offers a unit mix with various levels of upgrading and remodeling. Typical interior finishes include carpet and vinyl flooring, wall gas furnaces, and kitchen appliances such as a freestanding range/oven and refrigerator. Bathrooms feature vinyl and ceramic wainscoting.

The building provides carport parking for each unit, with 10 total spaces available.

The property is configured as eight separate residential units within one income property, suitable for an investor or owner-occupant seeking a small multifamily asset in the Hayward area.

Key Highlights

  • 8‑unit, two‑story apartment complex built circa 1964 in Hayward Hills
  • All units are 1‑bedroom with average unit size of 391+/- sq ft
  • Carport parking available for each unit with 10 total spaces

Local Financial Insights For Apartment 5plus

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 $116.1k $37.20
− Vacancy −$6.0k −$1.93
EGI $110.0k $35.27
− OpEx −$49.5k −$15.87
NOI $60.5k $19.40
3,120 SF · lease $37.20/SF/yr · vacancy 5.20% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$864.5K
$756.5K – $1.01M (±1% cap)
NOI $60,516 @ 7.0% cap · market cap 3.46%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$964.5K
$843.9K – $1.13M (±1% cap)
NOI $67,512 @ 7.0% cap · market cap 3.86%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

HVAC Service (Bike/Boat/Book/etc) Store Florist Travel Agency (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Butcher Electrical Service (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Eight one-bedroom units in a circa 1964 two-story building with carport parking for each unit.
Where is this apartment building located?
The property is located at 1250 E Street Hayward, CA.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 8‑unit, two‑story apartment complex built circa 1964 in Hayward Hills; All units are 1‑bedroom with average unit size of 391+/- sq ft; Carport parking available for each unit with 10 total spaces
Contact an agent
More about this property
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