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12-Unit Apartment Building
For Sale
$1,650,000
Pending

1277 Russell Way, Hayward, CA 94541

As-is multifamily property requiring capital improvements and review of deferred maintenance and structural conditions.

Property Size8,915 SF
Days on Market94

Property Features for 1277 Russell Way

General Information

Standard status Pending
Size 8,915 SF
Property subtype Multi-Family

Property Condition

Severity Major Repairs Needed
Evidence structural issues

Site & Location

Highway Access Yes
Public Transit Yes

Additional Details

Multifamily Units 12

Building Details

Year Built 1964
Listing Agency: Dombroski Realty
Listed By: Brian J Dombroski · License #01919504
Source: Homesofgreatersacramento
Added: May 31 Changed: Aug 31 Last Checked: Aug 31 at 5:26PM

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 Dombroski Realty

Investment Insights

Based on property information with market context.

This Hayward apartment property contains 12 units within 8915 SF and was built in 1964. The building is offered in its present as-is condition and requires significant capital improvements, with deferred maintenance and structural issues identified as part of the property’s condition. Buyers should evaluate the physical components and overall condition independently.

Located at 1277 Russell Way, the property offers access to BART, I-880, and I-580, along with local amenities. Its existing unit configuration provides the physical basis for a multifamily ownership or renovation project, subject to the results of buyer investigations and the scope of required work.

Key Highlights

  • 12‑unit multifamily property in Hayward
  • 8915 SF building constructed in 1964
  • Present as‑is condition

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Food Market (Bike/Boat/Book/etc) Store Travel Agency Carpet & Flooring Store Grocery & Convenience Store Butcher

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

12
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,168
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?
Apartment building - As-is multifamily property requiring capital improvements and review of deferred maintenance and structural conditions.
Where is this apartment building located?
The property is located at 1277 Russell Way Hayward, CA.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: 12‑unit multifamily property in Hayward; 8915 SF building constructed in 1964; Present as‑is condition
More about this property
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