1382 B Street, Hayward, CA 94541
Two-building mixed-use property with unfinished storefront, four residential units, and an adjacent lot included in the sale.
Property Features for 1382 B Street
General Information
Additional Details
Building Details
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Investment Insights
Based on property information with market context.
Located at 1382–1392 B Street in Hayward, California, the buildings are described as being within a short walk of downtown Hayward. The seller indicates the residential buildings can be delivered vacant by the current owner, or a new owner may elect to adjust rents to market. The four residential units are currently occupied by long-term family members who have lived on the property for over 20 years. A second small adjacent lot is also included in the sale.
This configuration can fit investors and owner-operators seeking a property that combines rental housing with a ground-floor retail opportunity. With unfinished retail space and expired but previously approved plans, the new owner has flexibility to revise, renew, and complete the storefront. The current rents are stated to be below market, and the residential transition can be managed through either vacancy delivery or rent adjustments, depending on the buyer’s plan.
Key Highlights
- Two‑building mixed‑use property on B St (1382‑1392) in Hayward, CA built in 1951
- Includes a commercial storefront plus four residential units: two 1‑bedroom and two 2‑bedroom units
- Dedicated on‑site laundry area for the residential units
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 | $112.0k | $32.40 |
| − Vacancy | −$5.5k | −$1.60 |
| EGI | $106.4k | $30.80 |
| − OpEx | −$31.9k | −$9.24 |
| NOI | $74.5k | $21.56 |
Alternative Uses
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Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 94541, CA
Market
Vacancy Rate% for Multifamily in West region