Hayward 7-Unit Multifamily
882 Tennyson Rd Hayward, CA 94544
882 Tennyson Rd, Hayward, CA, 94544
$2,150,000
For Sale
$2,150,000
A 7-unit multifamily complex with separate metering for water and PG&E, built in 1956.
Property Size4,314 SF
Lot Size0.57 Acres
Price / SF$498.38
Days on Market61
Property Features for 882 Tennyson Rd
General Information
- Standard status
- Active
- Size
- 4,314 SF
- Lot size
- 0.57 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1956
Listing agency
BHG RELIANCE PARTNERS
(510) 657-8222
Listed by
AFARIN KARIMI
Source
Corcoran
Added: May 22 Updated: Jul 20 at 6:57PM Checked: Jul 21 at 5:09AM
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 BHG RELIANCE PARTNERS
Investment Insights
Based on property information with market context.
This 7-unit multifamily property in Hayward includes a 2-bedroom, 1-bath single-family home with a two-car garage, plus six additional 1-bedroom, 1-bath units each with a one-car garage. The units are separately metered for water and PG&E, which can simplify day-to-day utility management. Built in 1956, the property totals approximately 4,314 square feet of building area.
The property is positioned for convenient access to the South Bay, major bridges (I-84 and I-92), and transportation options, with nearby Highways 880 and 580, along with shopping and dining in the surrounding area.
Separately metered utilities and a mix of unit sizes provide a straightforward residential income configuration within a single, organized complex.
The property is positioned for convenient access to the South Bay, major bridges (I-84 and I-92), and transportation options, with nearby Highways 880 and 580, along with shopping and dining in the surrounding area.
Separately metered utilities and a mix of unit sizes provide a straightforward residential income configuration within a single, organized complex.
Key Highlights
- 7‑unit multifamily complex built in 1956 on a 24,829 sq. ft. lot
- Unit mix includes one 2‑bedroom, 1‑bath home plus six 1‑bedroom, 1‑bath units
- Approximately 4,314 sq. ft. of building area
Local Financial Insights For Apartment 5plus
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 | $160.5k | $37.20 |
| − Vacancy | −$8.3k | −$1.93 |
| EGI | $152.1k | $35.27 |
| − OpEx | −$68.5k | −$15.87 |
| NOI | $83.7k | $19.40 |
4,314 SF · lease $37.20/SF/yr · vacancy 5.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.20M
$1.05M – $1.39M
NOI $83,675 @ 7.0% cap · market cap 3.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.33M
$1.17M – $1.56M
NOI $93,348 @ 7.0% cap · market cap 4.34%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
MG Fix it ...
Computer & Electronic Repair
Chilahealers
Food Processing Plant
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FAQs
What type of property is this?
Apartment building - A 7-unit multifamily complex with separate metering for water and PG&E, built in 1956.
Where is this apartment building located?
The property is located at 882 Tennyson Rd Hayward, CA.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: 7‑unit multifamily complex built in 1956 on a 24,829 sq. ft. lot; Unit mix includes one 2‑bedroom, 1‑bath home plus six 1‑bedroom, 1‑bath units; Approximately 4,314 sq. ft. of building area
