$1,550,000

1124 Rex Rd Hayward, CA 94541

North Hayward Neighborhood

Estimated payment $8,829/month

Total Views 9,326
8 Beds
4 Baths
4,188 Sq Ft
$370 Price per Sq Ft

Highlights

  • Granite Countertops
  • Triple Pane Windows
  • Tile Flooring
  • Balcony
  • Storage Room
  • Forced Air Heating System

About This Home

This well-maintained four-unit property, owned long term and cared for with pride, offers an excellent opportunity for investors or owner-occupants. Each unit features 2 bedrooms, 1 bathroom, and two parking spaces, including one carport and one open space with a storage closet. Two units have been fully renovated and are ready to rent or occupy, while the remaining two units are leased through June 2026, providing stable, long-term income. The owner pays for water and garbage, keeping operating costs low and tenant demand high. With immediate rental income, upside potential from the renovated vacant units at market rent, and overall low operating expenses, this property is truly investor-friendly.

Listing Agent

Virginia Trowbridge

GI Joe Homes Inc License #02050702 Listed on: 12/14/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • 1968

Lot Details

  • 8,250 Sq Ft Lot
  • Fenced
  • Sprinklers on Timer
  • Grass Covered Lot

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,188 Sq Ft Home
  • 2-Story Property
  • Triple Pane Windows
  • Storage Room
  • Washer and Dryer Hookup

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Microwave
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Parking

  • 2 Parking Spaces
  • 6 Carport Spaces
  • Uncovered Parking

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • 220 Volts

Community Details

Overview

Amenities

  • Courtyard

Building Details

  • 2 Leased Units
  • Gardener Expense $1,200
  • Insurance Expense $1,832
  • Maintenance Expense $384
  • Manager Expense $200
  • Utility Expense $5,520
  • Trash Expense $4,800
  • Operating Expense $24,688
  • Gross Income $89,820

Property Details

Home Type

Multi-Family

Year Built

1968

Lot Details

8,250 Sq Ft Lot

Listing Details

  • Zoning: Residential
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 4188
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1968

Interior Features

  • Kitchen: 220 Volt Outlet, Appliances - Vary By Unit, Cooktop - Electric, Countertop - Granite, Garbage Disposal, Hood Over Range, Microwave, Oven Range - Electric, Refrigerator, Varies By Unit
  • Living Sq Ft: 4188
  • Stories: 2
  • Laundry: Hookups Only
  • Flooring: Carpet, Laminate, Tile
  • Additional Rooms: Storage

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Shingle
  • Yard/Grounds: Balcony / Patio, Courtyard, Fenced, Low Maintenance, Sprinklers - Auto
  • Construction Type: Wood Frame

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: Carport, Uncovered Parking
  • Carport Min: 6

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1894
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8250.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8250.00

Green Features

  • Energy Features: Triple Pane Windows

Rental Info

  • Existing Lease Term(s): Lease(s)
  • Gross Rent Multiplier: 17.26
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1832
  • Expense Landscape: 1200
  • Expense Maintenance: 384
  • Expense Management: 200
  • Expenses Total: 24688
  • Expenses Utility: 5520
  • Expense Trash: 4800
  • Income Annual Gross: 89820.00
  • Income Annual Rental: 89820
  • Income Gross Scheduled: 89820
  • Income Includes: Rents
  • Meters: Master Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Heating

Map

Range of Values:

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Value Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,413 $691,741 $232,556 $459,185
2024 $10,413 $678,177 $227,996 $450,181
2023 $10,061 $664,881 $223,526 $441,355
2022 $9,790 $651,847 $219,144 $432,703
2021 $10,034 $639,068 $214,848 $424,220
2020 $9,443 $632,519 $212,646 $419,873
2019 $6,102 $194,735 $90,554 $104,181
2018 $3,929 $190,916 $88,778 $102,138
2017 $3,802 $187,174 $87,038 $100,136
2016 $3,572 $183,503 $85,331 $98,172
2015 $3,468 $180,748 $84,050 $96,698
2014 $3,333 $177,207 $82,403 $94,804
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2025 12/14/25 For Sale $1,550,000 -- $370 / Sq Ft
Source: MLSListings

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $1,025,000 Old Republic Title Company
Source: Public Records

Source: MLSListings

MLS Number: ML82029424

MLSListings

APN: 428-0021-045-00

California Alameda County Hayward 94541 North Hayward

1124 Rex Rd, Hayward, CA

For Sale

MultiFamily

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Nearby Homes
Virginia Trowbridge
Listing Agent
Virginia Trowbridge
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GI Joe Homes Inc
(341) 247-0309
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