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French Quarter Apartment Community
New
For Sale
$8,750,000

23914 2nd St, Hayward, CA 94541

Twenty-four-unit community with renovated interiors, gated access, covered parking, EV charging, and upgraded resident amenities.

Property SizeContact for details
Days on Market2

Property Features for 23914 2nd St

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Cap Rate 5.58%
Multifamily Units 24

Amenities

gated access
covered parking
EV charging stations
fitness center
private balconies
upgraded security systems
additional storage
Secure gated community with covered gated parking and upgraded security camera system.
Unit mix of one, two, and three-bedroom units.
Laundry, EV charging, fitness center, BBQ grills, fire pit, additional storage, and outdoor courtyard.
Strategically positioned near major employment centers.
Separately metered for PG&E & Gas.

Building Details

Year Built 1970
Listing Agency: Marcus & Millichap - San Francisco
Listed By: Jon Holmquist · License #License(s): CA: 01257479
Source: Marcusmillichap
Added: Sep 2 Last Checked: Sep 2 at 1:59PM

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 Marcus & Millichap - San Francisco

Investment Insights

Based on property information with market context.

This 24-unit apartment community in Hayward, California, was built circa 1970 and has received extensive physical improvements. The unit mix includes 1-bedroom/1-bathroom, 2-bedroom/1-bathroom, 2-bedroom/1.5-bathroom, 2-bedroom/2-bathroom, and 3-bedroom/2-bathroom floor plans. Sixteen units are remodeled, two are partially renovated, and six retain vintage-style interiors. Renovated residences feature updated kitchens and bathrooms, quartz countertops, stainless steel appliances, refinished cabinetry, recessed lighting, vinyl plank flooring, dual-pane windows, and walk-in closets.

Property enhancements include gated entry, covered parking, EV charging stations, landscaped common areas, a fitness center, upgraded security systems, electrical infrastructure improvements, additional storage, seismic upgrades, stairwell safety work, SB721 compliance, and exterior stucco restoration. Select apartments also include private balconies. The property is located at 23914 2nd St in Hayward, California 94541.

Key Highlights

  • 24‑unit apartment community built circa 1970
  • 16 remodeled units, 2 partially renovated units, and 6 vintage‑style units
  • Unit mix ranges from 1‑bedroom/1‑bathroom to 3‑bedroom/2‑bathroom floor plans

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store HVAC Service Florist Butcher Carpet & Flooring Store Travel Agency

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

24
Residential units

Location Intelligence

Trade Area within ½ mile

1,985
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 - Twenty-four-unit community with renovated interiors, gated access, covered parking, EV charging, and upgraded resident amenities.
Where is this apartment building located?
The property is located at 23914 2nd St Hayward, CA.
What is the asking price?
The asking price for this property is $8,750,000.
What are key features of this property?
This property features: 24‑unit apartment community built circa 1970; 16 remodeled units, 2 partially renovated units, and 6 vintage‑style units; Unit mix ranges from 1‑bedroom/1‑bathroom to 3‑bedroom/2‑bathroom floor plans
More about this property
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