18-Unit Apartment
For Sale
$4,325,000
944 Walpert St, Hayward, CA 94541
Well-maintained three-story multifamily with an elevator, covered parking, and a mix of 1- and 2-bedroom units.
Property SizeContact for details
Days on Market65
Property Features for 944 Walpert St
General Information
Standard status
Active
Total Parking Spaces
26
Property subtype
Investment
Additional Details
Cap Rate
6.95%
Highway Access
Yes
Multifamily Units
18
Building Details
Year Built
1967
Stories
3
Tenancy
Multi
Listing Agency:
Baniqued Commercial Real Estate
(510) 815-2000
Listed By:
Davide Pio · License #01522969
(510) 815-2000
Source:
Elliman
Added: Jun 3
Changed: Jul 10
Last Checked: Aug 6 at 5:11AM
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 Baniqued Commercial Real Estate
Investment Insights
Based on property information with market context.
This apartment building comprises eighteen (18) units across three floors, including nine one-bedroom/one-bath residences and nine two-bedroom/one-bath residences. The property is elevator-served, with a laundry room available on two floors. Covered parking includes eighteen (18) spaces plus eight additional uncovered spaces, which are rented for a fee.
Recent upgrades support an updated, operationally efficient setting. Improvements cited include a new roof and electric panels installed in 2025, SB 721 balcony clearance planned for 2026, and most units updated with modern open kitchens featuring stone countertops. The asset has been well-maintained and upgraded over the years.
Located in the Mission/Foothills area of Hayward, the property is under one mile from downtown Hayward and Hayward BART, and about 1.5 miles from CSU East Bay. Access to regional commuting is supported by quick drives to the Highway 580/238 interchange and the 880/92 freeway, connecting to San Francisco, Silicon Valley, and the peninsula. The unit mix and common amenities make the building well-suited for an investor seeking a turn-key multifamily with practical in-place features.
Recent upgrades support an updated, operationally efficient setting. Improvements cited include a new roof and electric panels installed in 2025, SB 721 balcony clearance planned for 2026, and most units updated with modern open kitchens featuring stone countertops. The asset has been well-maintained and upgraded over the years.
Located in the Mission/Foothills area of Hayward, the property is under one mile from downtown Hayward and Hayward BART, and about 1.5 miles from CSU East Bay. Access to regional commuting is supported by quick drives to the Highway 580/238 interchange and the 880/92 freeway, connecting to San Francisco, Silicon Valley, and the peninsula. The unit mix and common amenities make the building well-suited for an investor seeking a turn-key multifamily with practical in-place features.
Key Highlights
- 18‑unit, three‑story multifamily property built in 1967, including an elevator serving all 3 floors
- Unit mix: nine 1 bed/1 bath units and nine 2 bed/1 bath units
- Parking income: 18 covered spaces plus 8 additional uncovered spaces rented for a fee
Property Analytics
Property Profile
Current Use
Lease Details
18
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,831
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained three-story multifamily with an elevator, covered parking, and a mix of 1- and 2-bedroom units.
Where is this apartment building located?
The property is located at 944 Walpert St Hayward, CA.
What is the asking price?
The asking price for this property is $4,325,000.
What are key features of this property?
This property features: 18‑unit, three‑story multifamily property built in 1967, including an elevator serving all 3 floors; Unit mix: nine 1 bed/1 bath units and nine 2 bed/1 bath units; Parking income: 18 covered spaces plus 8 additional uncovered spaces rented for a fee
