Detached Duplex with
20583 Cambridge Avenue Hayward, CA 94541
20583 Cambridge Avenue, Hayward, CA, 94541
$1,139,000
For Sale
$1,139,000
Two detached homes on a flat 18,286 SF lot with separate PG&E meters, detached 1-car garage, and greenhouse.
Property Size1,854 SF
Lot Size0.42 Acres
Price / SF$614.35
Days on Market26
Property Features for 20583 Cambridge Avenue
General Information
- Standard status
- Active
- Size
- 1,854 SF
- Lot size
- 0.42 Acres
- Property subtype
- Multi Family
Building Details
- Year Built
- 1950
Listing agency
Bay Real Estate and Mortgages
(650) 400-4731
Listed by
Raquel Nikravesh · License #01258377
(650) 400-4731
Source
Exitrealty
Added: Jun 28 Updated: Jul 20 at 6:56PM Checked: Jul 22 at 8:00AM
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 Bay Real Estate and Mortgages
Investment Insights
Based on property information with market context.
Offered as a detached duplex at 20583 and 20581 Cambridge Ave, the property includes two traditionally styled residences with separate PG&E meters. The main home at 20583 features 2 bedrooms and 1 bathroom with nearly 1,000 square feet of living space. The second detached home at 20581 offers 1 bedroom and 1 bathroom, approximately 800 square feet, along with a private yard and its own dedicated entrance.
Set on a flat 18,286 square foot lot, the property also includes a detached 1-car garage and a greenhouse. The homes are located in the Cherryland neighborhood of Hayward, CA.
Set on a flat 18,286 square foot lot, the property also includes a detached 1-car garage and a greenhouse. The homes are located in the Cherryland neighborhood of Hayward, CA.
Key Highlights
- Two detached homes on a flat 18,286 SF lot in the Cherryland neighborhood
- Separate PG&E meters for 20583 and 20581
- Main home (20583): 2 BR, 1 BA, nearly 1,000 SF
Local 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 | $60.1k | $32.40 |
| − Vacancy | −$3.0k | −$1.60 |
| EGI | $57.1k | $30.80 |
| − OpEx | −$17.1k | −$9.24 |
| NOI | $40.0k | $21.56 |
1,854 SF · lease $32.40/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$571.0K
$499.7K – $666.2K
NOI $39,972 @ 7.0% cap · market cap 3.51%
Second Best
Apartment 5plus
$513.7K
$449.5K – $599.3K
NOI $35,960 @ 7.0% cap · market cap 3.16%
Theoretical Best
Office A
$573.1K
$501.5K – $668.6K
NOI $40,118 @ 7.0% cap · market cap 3.52%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two detached homes on a flat 18,286 SF lot with separate PG&E meters, detached 1-car garage, and greenhouse.
Where is this duplex located?
The property is located at 20583 Cambridge Avenue Hayward, CA.
What is the asking price?
The asking price for this property is $1,139,000.
What are key features of this property?
This property features: Two detached homes on a flat 18,286 SF lot in the Cherryland neighborhood; Separate PG&E meters for 20583 and 20581; Main home (20583): 2 BR, 1 BA, nearly 1,000 SF
