NOT LISTED FOR SALE

Estimated Value: $1,235,000 - $1,427,000

4 Beds
3 Baths
2,292 Sq Ft
$575/Sq Ft Est. Value

Last Sold June 05, 2024

Last sale price $1,326,000 $579 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $7,720/month

29 Days on Market

About This Home

As of June 2024

Presenting a unique investment opportunity in the heart of Hayward, California, this charming property at 22615 Alice Street offers four separate one-bedroom, one-bath cottages, each with its own private garage and washer-dryer connections. Built in 1928, these well-maintained cottages exude vintage charm while providing modern amenities. Situated on a spacious 7,500 square foot lot, this property offers ample outdoor space for residents to enjoy. With its prime location in Hayward, near city hall and a quick walk to Hayward Bart Station, tenants will have easy access to local amenities, transportation, and the vibrant Bay Area community. All units clean and well taken care of with many updates throughout. Long stable tenants. Pride of ownership building.

Last Agent to Sell the Property

Scott Kilpatrick

Compass License #01271912 Listed on: 04/16/2024

Compass

Last Buyer's Agent

Scott Kilpatrick

Compass License #01271912 Listed on: 04/16/2024

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,685

Year Built

  • 1922

Lot Details

  • 7,501

Parking

  • 4 Car Garage
  • Off-Street Parking
  • Off-Site Parking

Home Design

  • Quadruplex
  • Rolled or Hot Mop Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,292 Sq Ft Home
  • 1-Story Property

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Additional Features

  • Wind Turbine Power
  • 7,501 Sq Ft Lot

Listing and Financial Details

  • Total Actual Rent $87,600

Community Details

Overview

  • 2,292 Sq Ft Building

Building Details

  • 4 Leased Units
  • Gardener Expense $720
  • Insurance Expense $3,000
  • Maintenance Expense $2,000
  • Operating Expense $21,328
  • Gross Income $87,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,685

Year Built

1922

Lot Details

0

Parking

4

Listing Details

  • Zoning: Residential
  • Subclass: Fourplex
  • Age: 102
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2292
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1922

Interior Features

  • Living Sq Ft: 2292
  • Stories: 1

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Rolled Composition

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 4
  • Garage Parking Features: Attached Garage, Off-Site Parking, Off-Street Parking

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Hayward Unified

Lot Info

  • Lot Acres: 0.1722
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7500.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 15.22
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas, Wind
  • Expense Insurance: 3000
  • Expense Landscape: 720
  • Expense Maintenance: 2000
  • Expenses Total: 21328
  • Income Annual Gross: 87600.00
  • Income Annual Rental: 87600
  • Income Gross Scheduled: 87600
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 3
  • Operating Expenses Include: Insurance, Maintenance, Maintenance - Exterminator, Maintenance - Repair, Services - Gardener
  • Tenant Expenses: Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2024
Closed on
Jun 3, 2024
Sold by
Ascension Trust and Troche Danita
Bought by
Frausto Maricela and Leanos Panfilo C
Seller's Agent
Scott Kilpatrick
Compass
Buyer's Agent
Scott Kilpatrick
Compass
List Price
$1,333,000
Sold Price
$1,326,000
Premium/Discount to List
-$7,000
-0.53%
Views
16
Current Estimated Value
$1,317,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,763
Avg. Annual Appreciation
-0.54%
Original Mortgage
$1,061,200
Outstanding Balance
$1,048,956
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$268,281

Purchase Details

Closed on
Sep 8, 2023
Sold by
Troche Danita A
Bought by
Ascension Trust and Troche

Purchase Details

Closed on
May 24, 2002
Sold by
Troche Kenneth R and Troche Barbara F
Bought by
Troche Danita A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.89%

Purchase Details

Closed on
Jan 12, 2001
Sold by
Troche Danita A and Troche Kenneth R
Bought by
Troche Danita A and Troche Kenneth R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
9.19%

Purchase Details

Closed on
Jun 14, 1995
Sold by
Polvorosa Julian and Polvorosa Isabel
Bought by
Polvorosa Julian P and Polvorosa Isabel G
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Frausto Maricela $1,326,500 First American Title
Ascension Trust -- None Listed On Document
Troche Danita A $160,000 --
Troche Danita A $146,000 American Title Co
Polvorosa Julian P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frausto Maricela $1,061,200
Previous Owner Troche Danita A $100,000
Previous Owner Troche Danita A $297,000
Previous Owner Troche Danita A $60,000
Previous Owner Troche Danita A $60,000
Previous Owner Troche Danita A $345,000
Previous Owner Troche Danita A $320,000
Previous Owner Troche Danita A $262,500
Previous Owner Troche Danita A $191,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2024 06/05/24 Sold $1,326,000 -0.5% $579 / Sq Ft
05/16/2024 05/16/24 Pending -- -- --
04/17/2024 04/17/24 For Sale $1,333,000 +0.5% $582 / Sq Ft
04/17/2024 04/17/24 Off Market $1,326,000 -- --
04/16/2024 04/16/24 For Sale $1,333,000 -- $582 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

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 $6,685 $1,353,030 $405,909 $947,121
2024 $6,685 $506,269 $150,521 $355,748
2023 $6,585 $496,344 $147,570 $348,774
2022 $6,458 $486,613 $144,677 $341,936
2021 $6,402 $477,072 $141,840 $335,232
2020 $6,334 $472,182 $140,386 $331,796
2019 $6,379 $462,925 $137,634 $325,291
2018 $6,004 $453,850 $134,936 $318,914
2017 $5,873 $444,953 $132,291 $312,662
2016 $5,552 $436,232 $129,698 $306,534
2015 $5,447 $429,680 $127,750 $301,930
2014 $5,186 $421,266 $125,248 $296,018
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81961650

MLSListings

APN: 431-0036-012-00