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Duplex with Separate Metering
For Sale
$1,050,000

30236 Vanderbilt St, Hayward, CA 94544

MULTI_FAMILY - Hayward, CA

Property Size2,010 SF
Lot Size0.13 Acres
Price / SF$522.39
Days on Market161

Property Features for 30236 Vanderbilt St

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 7
Full bathrooms 7
Rooms Bathroom 2, Bedroom 1, Bathroom 6, Bathroom 4, Bathroom 7, Bedroom 2, Bathroom 3, Bedroom 4, Bathroom 5, Bathroom 1, Bedroom 3
Parking features Garage
Exterior features Back Yard
Fireplace 1
Subdivision Fairway Greens
Lot features Rectangular Lot
Directions Arrowhead Way to Vanderbilt St.
Standard status Active
APN 8322089
Size 2,010 SF
Lot size 0.13 Acres

Utilities

Sewer type Public Sewer
Heating system Forced Air
Water source Public

Amenities

fireplaces

Building Details

Year built 1961
Number of units 2
Flooring type Laminate, Carpet
Building materials Wood Siding
Roof type Flat
Listing Agency: Keller Williams Tri-Valley · Keller Williams Realty
Listed By: Max Manatt · License #01957416
Added: Mar 2 Changed: Aug 2 Last Checked: Aug 10 at 3:06PM
MLS# 41125673

Copyright © 2026 Bay East. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This duplex features two mirror units, each with two bedrooms and one full bath. The homes include their own fireplaces and updated kitchens, and the units are separately metered. Tenants are on month-to-month leases.

The property sits on a 0.1281-acre lot and is approximately 2,010 SF. Built in 1961, it has wood siding and a flat roof. Heating is forced air, and each unit includes a garage. A back yard is also available.

Utilities are provided by public water and public sewer. A new roof has been installed. The home is minutes from Highway 880, shopping, and restaurants.

Key Highlights

  • Two mirror units with 2 bedrooms and 1 full bath each
  • Units are separately metered; tenants on month‑to‑month leases
  • Fireplaces in both units and updated kitchens

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$43,335
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.13%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$866,700 $866.7K
Cap Rate 7%
$619,071 $619.1K
Cap Rate 9%
$481,500 $481.5K
Market Conditions
NOI Build-Up for 2,010 SF 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.
Gross rent
$65.1K $32.40/SF
− Vacancy
−$3.2K −$1.60/SF
EGI
$61.9K $30.80/SF
− OpEx
−$18.6K −$9.24/SF
NOI
$43.3K $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 rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$866,700
Cap Rate 7%
$619,071
Cap Rate 9%
$481,500

Alternative Uses

Best Use
Multifamily LT 5
$619.1K
$541.7K – $722.3K (±1% cap)
NOI $43,335 @ 7.0% cap · market cap 4.13%
Second Best
Apartment 5plus
$556.9K
$487.3K – $649.8K (±1% cap)
NOI $38,986 @ 7.0% cap · market cap 3.71%
Theoretical Best
Office A
$621.3K
$543.7K – $724.9K (±1% cap)
NOI $43,493 @ 7.0% cap · market cap 4.14%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Parking Lot & Garage Real Estate Agency Spa & Massage Center (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

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

100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

393
Businesses Nearby

Demographics for 94544, CA

79,769
Population
23,990
Households
3.3
Avg Household Size
36
Median Age
27%
College-Educated
79%
High-School Grad
11.0 sq mi
ZIP Area
7,252
Density / Sq Mi
$108,358
Median Household Income
$48,926
Median Earnings
$2,339
Median Rent
$801,900
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two 2-bedroom, 1-bath units are separately metered with month-to-month tenants and updated kitchens.
Where is this duplex located?
The property is located at 30236 Vanderbilt St Hayward, CA.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Two mirror units with 2 bedrooms and 1 full bath each; Units are separately metered; tenants on month‑to‑month leases; Fireplaces in both units and updated kitchens
More about this property
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