Detached Duplex
21492 Montgomery Avenue, Hayward, CA 94541
For Sale
$1,100,000
Two residences offer separate utilities, newer roofs, indoor laundry, and convenient access to Hayward BART.
Property Size1,908 SF
Lot Size0.34 Acres
Price / SF$576.52
Days on Market53
Property Features for 21492 Montgomery Avenue
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Neighborhood
Public Transit
Utilities to Site
Units
Unit Mix
Multifamily Units
Amenities
indoor laundry
Building Details
Year Built
Buildings
Listing Agency:
Compass Commercial
Listed By:
Readdress
(415) 275-0229
Source:
Readdress
Added: Sep 18
Changed: Nov 8
Last Checked: Nov 8 at 5:27AM
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 Compass Commercial
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Investment Insights
Based on property information with market context.
This duplex includes two detached residences on a level corner parcel in unincorporated Alameda County. The Montgomery Avenue home offers 3 bedrooms, 1 bathroom, and 1,215 square feet; it is occupied on a month-to-month basis. The Grove Way residence contains 2 bedrooms, 1 bathroom, and 770 square feet and is subject to an existing tenancy. Both homes include granite kitchens, wood and tile flooring, and indoor laundry.
The property sits under 0.5 miles from Hayward BART and occupies a 1/3-acre lot totaling 14,690 sq ft. Separate gas and electric meters serve the residences, with shared water service. The improvements date to 1926 and have newer roofs. The site is in Cherryland, an unincorporated area of Alameda County where county approval may allow a minor parcel map subdivision into 2 legal lots or up to 2 detached ADUs under the state framework. The property is offered as-is.
The property sits under 0.5 miles from Hayward BART and occupies a 1/3-acre lot totaling 14,690 sq ft. Separate gas and electric meters serve the residences, with shared water service. The improvements date to 1926 and have newer roofs. The site is in Cherryland, an unincorporated area of Alameda County where county approval may allow a minor parcel map subdivision into 2 legal lots or up to 2 detached ADUs under the state framework. The property is offered as-is.
Key Highlights
- Two detached residences on a 1/3‑acre level corner lot totaling 14,690 sq ft
- Under 0.5 miles to Hayward BART
- 3‑bedroom, 1‑bath home with 1,215 sq ft at 21492 Montgomery Ave
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,136
Cap Rate
3.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$822,720
$822.7K
Cap Rate 7%
$587,657
$587.7K
Cap Rate 9%
$457,067
$457.1K
Market Conditions
NOI Build-Up for 1,908 SF
Gross rent
$61.8K $32.40/SF
− Vacancy
−$3.1K −$1.60/SF
EGI
$58.8K $30.80/SF
− OpEx
−$17.6K −$9.24/SF
NOI
$41.1K $21.56/SF
Area
Hayward, CA
Vacancy
4.94%
Lease Rate
$32.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$822,720
Cap Rate 7%
$587,657
Cap Rate 9%
$457,067
Alternative Uses
Best Use
Multifamily LT 5
$587.7K
$514.2K – $685.6K
NOI $41,136 @ 7.0% cap · market cap 3.74%
Second Best
Apartment 5plus
$528.7K
$462.6K – $616.8K
NOI $37,008 @ 7.0% cap · market cap 3.36%
Theoretical Best
Office A
$589.8K
$516.1K – $688.1K
NOI $41,286 @ 7.0% cap · market cap 3.75%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,225
Businesses Nearby
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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
$781,900
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Alameda County, CA
Properties on Market for Duplexes in Alameda County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two residences offer separate utilities, newer roofs, indoor laundry, and convenient access to Hayward BART.
Where is this duplex located?
The property is located at 21492 Montgomery Avenue Hayward, CA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Two detached residences on a 1/3‑acre level corner lot totaling 14,690 sq ft; Under 0.5 miles to Hayward BART; 3‑bedroom, 1‑bath home with 1,215 sq ft at 21492 Montgomery Ave
