Fully Occupied 4-Plex
22798 Vermont Street Hayward, CA 94541
For Sale
$1,388,888
Four tenant-occupied units provide immediate rental income at this fully occupied 4-plex for sale.
Property Size4,056 SF
Price / SF$342.43
Days on Market72
Property Features for 22798 Vermont Street
General Information
Standard status
Active
Size
4,056 SF
Property subtype
Multi Family
Building Details
Year Built
1966
Listing Agency:
Intempus Realty
(408) 710-0381
Listed By:
Michael Camarena · License #02086938
(408) 710-0381
Source:
Exitrealty
Added: May 20
Changed: Jul 21
Last Checked: Jul 29 at 6:36AM
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 Intempus Realty
Investment Insights
Based on property information with market context.
This fully occupied four-plex at 22798 Vermont Street includes four tenant-occupied units, generating rental income from day one. The property is presented as an income-producing residential investment and is currently described as delivering immediate cash flow.
The location is described as convenient to major commuter routes, shopping, dining, schools, and public transportation in Hayward, CA. For investors or buyers seeking a multi-family property with established occupancy, this 4-plex offers a straightforward, unit-based rental setup.
For additional details on unit mix, layouts, and expenses, interested parties should request the property’s offering materials.
The location is described as convenient to major commuter routes, shopping, dining, schools, and public transportation in Hayward, CA. For investors or buyers seeking a multi-family property with established occupancy, this 4-plex offers a straightforward, unit-based rental setup.
For additional details on unit mix, layouts, and expenses, interested parties should request the property’s offering materials.
Key Highlights
- 1966‑built 4‑plex at 22798 Vermont St
- Fully occupied with four tenant‑occupied units providing immediate rental income
- Income‑producing property designed for multi‑family investment
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 | $131.4k | $32.40 |
| − Vacancy | −$6.5k | −$1.60 |
| EGI | $124.9k | $30.80 |
| − OpEx | −$37.5k | −$9.24 |
| NOI | $87.4k | $21.56 |
4,056 SF · lease $32.40/SF/yr · vacancy 4.94% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.25M
$1.09M – $1.46M
NOI $87,446 @ 7.0% cap · market cap 6.30%
Second Best
Apartment 5plus
$1.12M
$983.4K – $1.31M
NOI $78,671 @ 7.0% cap · market cap 5.66%
Theoretical Best
Office A
$1.25M
$1.10M – $1.46M
NOI $87,765 @ 7.0% cap · market cap 6.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Quadplex - Four tenant-occupied units provide immediate rental income at this fully occupied 4-plex for sale.
Where is this quadplex located?
The property is located at 22798 Vermont Street Hayward, CA.
What is the asking price?
The asking price for this property is $1,388,888.
What are key features of this property?
This property features: 1966‑built 4‑plex at 22798 Vermont St; Fully occupied with four tenant‑occupied units providing immediate rental income; Income‑producing property designed for multi‑family investment
