Hayward 7-Unit Multifamily
For Sale
$1,999,988
882 W Tennyson Rd, Hayward, CA 94544
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$463.60
Days on Market140
Property Features for 882 W Tennyson Rd
General Information
Standard status
Active
Size
4,314 SF
Total Parking Spaces
8
Lot size
0.57 Acres
Property subtype
Multi Family
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Additional Details
Multifamily Units
7
Building Details
Year Built
1956
Tenancy
Multi
Listing Agency:
BHG Reliance Partners
(510) 657-8222
Listed By:
Afarin Karimi · License #01024614
(510) 299-5600
Source:
Exitrealty
Added: May 27
Changed: Sep 29
Last Checked: Sep 29 at 8:41AM
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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$83,675
Cap Rate
4.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,673,500
$1.7M
Cap Rate 7%
$1,195,357
$1.2M
Cap Rate 9%
$929,722
$929.7K
Market Conditions
NOI Build-Up for 4,314 SF
Gross rent
$160.5K $37.20/SF
− Vacancy
−$8.3K −$1.93/SF
EGI
$152.1K $35.27/SF
− OpEx
−$68.5K −$15.87/SF
NOI
$83.7K $19.40/SF
Area
Hayward, CA
Vacancy
5.20%
Lease Rate
$37.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,673,500
Cap Rate 7%
$1,195,357
Cap Rate 9%
$929,722
Alternative Uses
Best Use
Apartment 5plus
$1.20M
$1.05M – $1.39M
NOI $83,675 @ 7.0% cap · market cap 4.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.33M
$1.17M – $1.56M
NOI $93,348 @ 7.0% cap · market cap 4.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
7
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
643
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
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 W Tennyson Rd Hayward, CA.
What is the asking price?
The asking price for this property is $1,999,988.
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
