Two-Building Assisted Living
For Sale
$2,799,800
Cypress, Hayward, CA 94544
ResidentialIncome, Traditional, Hayward, CA
Property Size5,970 SF
Lot Size0.46 Acres
Price / SF$468.98
Days on Market212
Property Features for Cypress
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RM
Parking
6
Accessibility
Accessible Approach with Ramp
Appliances
CooktopGas, Dishwasher, Freezer, HoodOverRange, OvenRangeBuiltInGas
Elementary school
HaywardUnified
High school
HaywardUnified
Elementary school district
HaywardUnified
High school district
HaywardUnified
Subdivision
Hayward
Standard status
Active
APN
443-0080-019-02
Size
5,970 SF
Lot size
0.46 Acres
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas, Central
Cooling system
Central Air, Gas (Cooling), Ceiling Fan(s)
Water source
Public
Building Details
Year built
1993
Flooring type
Linoleum, Laminate
Roof type
Shingle, Tile
Architectural style
Other
Listing Agency:
Real Brokerage Technologies
(619) 663-8680
Listed By:
Helen Chong · License #01700495
(408) 800-5478
Added: Mar 24
Changed: Oct 21
Last Checked: Oct 21 at 3:06AM
MLS# ML82032894
Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
The 5,970-square-foot property includes two buildings on a 0.4614-acre parcel. Its primary building contains 3,760 square feet, with five single-occupancy rooms, five double-occupancy rooms, a commercial-grade kitchen, and shared dining and gathering areas. Wide corridors and an accessible ramp support movement through the facility. The front building is a 2,030-square-foot, three-bedroom, two-bath residence with an unfinished basement. The property was built in 1993 and is zoned RM.
Both buildings are vacant. Public water and sewer serve the property, and the main building has central heating and cooling. The separate residence provides an additional component alongside the care-oriented building.
Both buildings are vacant. Public water and sewer serve the property, and the main building has central heating and cooling. The separate residence provides an additional component alongside the care-oriented building.
Key Highlights
- Two‑building property totaling 5,970 square feet on 0.4614 acres
- Main building measures 3,760 square feet and includes five single‑occupancy and five double‑occupancy rooms
- Commercial‑grade kitchen, shared dining and gathering space, wide corridors, and an accessible ramp
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$115,795
Cap Rate
4.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,315,900
$2.3M
Cap Rate 7%
$1,654,214
$1.7M
Cap Rate 9%
$1,286,611
$1.3M
Market Conditions
NOI Build-Up for 5,970 SF
Gross rent
$222.1K $37.20/SF
− Vacancy
−$11.5K −$1.93/SF
EGI
$210.5K $35.27/SF
− OpEx
−$94.7K −$15.87/SF
NOI
$115.8K $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%
$2,315,900
Cap Rate 7%
$1,654,214
Cap Rate 9%
$1,286,611
Alternative Uses
Best Use
Apartment 5plus
$1.65M
$1.45M – $1.93M
NOI $115,795 @ 7.0% cap · market cap 4.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.85M
$1.61M – $2.15M
NOI $129,181 @ 7.0% cap · market cap 4.61%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
942
Businesses Nearby
Under-served
Demand for This Use
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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
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Similar Off Market Nearby
- LightHouse Care Providers,LLC — 1220 Homestead Ln, Hayward, CA 94545
- Acob Home — 519 Teasdale Pl, Hayward, CA 94544
- Abby's Care Homes — 475 Lawton Pl, Hayward, CA 94544
Frequently Asked Questions
What type of property is this?
Assisted living facility - Vacant property combines care-oriented space with a separate residence for operational flexibility.
Where is this assisted living facility located?
The property is located at Cypress Hayward, CA.
What is the asking price?
The asking price for this property is $2,799,800.
What are key features of this property?
This property features: Two‑building property totaling 5,970 square feet on 0.4614 acres; Main building measures 3,760 square feet and includes five single‑occupancy and five double‑occupancy rooms; Commercial‑grade kitchen, shared dining and gathering space, wide corridors, and an accessible ramp
