Two-Story Apartment
For Sale
$1,750,000
1250 E Street, Hayward, CA 94541
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 Market80
Property Features for 1250 E Street
General Information
Standard status
Active
Size
3,120 SF
Total Parking Spaces
10
Property subtype
5+ Units
Additional Details
Multifamily Units
8
Building Details
Year Built
1964
Stories
2
Tenancy
Multi
Listing Agency:
Michael Tanzillo R.E. Brkr
(510) 206-3156
Listed By:
Paul Mader · License #00795784
(510) 206-3156
Source:
Compass
Added: May 13
Changed: Jul 22
Last Checked: Jul 30 at 11:37AM
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.
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
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
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
NOI $67,512 @ 7.0% cap · market cap 3.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
8
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,012
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
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
