NOT LISTED FOR SALE

538 B St Hayward, CA 94541

Burbank Neighborhood

Estimated Value: $940,457 - $1,126,000

4 Beds
4 Baths
1,940 Sq Ft
$519/Sq Ft Est. Value

Last Sold October 16, 2024

Last sale price $1,010,000 $521 Per Sq Ft

Current estimated payment $6,296/month

16 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • 1-Story Property
  • 5-minute walk to Hayward Station

About This Home

As of October 2024

LOCATION..LOCATION..LOCATION... This charming and spacious duplex is ideally situated in the heart of the Bay Area, on a beautiful, tree-lined street. Just a 1/3 mile walk from the Hayward BART station, it offers quick access to top-notch restaurants, shopping centers, freeways, and schools. This property is a must-see and a fantastic investment opportunity, featuring two separate homes. The primary home, located at 538, offers 3 bedrooms and 3 bathrooms. The second home, at 540, includes 1 bedroom, 1 bathroom, and a spacious basement. Ample parking is available, with two spacious garages and a driveway that accommodates at least four additional cars.

Last Agent to Sell the Property

Baosheng Cai

Legend Realty & Finance Group License #02087549 Listed on: 08/23/2024

Legend Realty & Finance Group

Last Buyer's Agent

Baosheng Cai

Legend Realty & Finance Group License #02087549 Listed on: 08/23/2024

Legend Realty & Finance Group

Property Details

Home Type

  • Multi-Family

Year Built

  • 1910

Lot Details

  • 7,501 Sq Ft Lot

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,940 Sq Ft Home
  • 1-Story Property

Parking

  • 4 Parking Spaces
  • Uncovered Parking

Utilities

  • Forced Air Heating and Cooling System
  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $63,600

Community Details

Overview

  • 1,940 Sq Ft Building

Building Details

  • Insurance Expense $2,074
  • Maintenance Expense $1,500
  • Operating Expense $13,896
  • Gross Income $60,420

Property Details

Home Type

Multi-Family

Year Built

1910

Lot Details

0

Listing Details

  • Zoning: R
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1910

Interior Features

  • Living Sq Ft: 1940
  • Stories: 1

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: Uncovered Parking

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air, Wall Furnace
  • Sewer/Septic System: Sewer - Public

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): Building Vacant
  • Gross Rent Multiplier: 15.71

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 2074
  • Expense Maintenance: 1500
  • Expenses Total: 13896
  • Income Annual Gross: 60420.00
  • Income Annual Rental: 63600
  • Income Gross Scheduled: 63600
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 2
  • Tenant Expenses: Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Water
  • Vacancy Factor: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2024
Closed on
Oct 8, 2024
Sold by
Nguyen Kim Loan
Bought by
Le Nhut
Seller's Agent
Baosheng Cai
Legend Realty & Finance Group
Buyer's Agent
Baosheng Cai
Legend Realty & Finance Group
List Price
$899,000
Sold Price
$1,010,000
Premium/Discount to List
$111,000
12.35%
Views
48
Current Estimated Value
$1,006,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,636
Avg. Annual Appreciation
-0.29%
Original Mortgage
$757,500
Outstanding Balance
$749,537
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$256,827

Purchase Details

Closed on
Oct 3, 2017
Sold by
Alice Properties Llc
Bought by
Wu Cunkai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,375
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 8, 2003
Sold by
Robinson O Kennedy and Robinson Deborah L
Bought by
Alice Properties Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Le Nhut -- Old Republic Title
Le Nhut $1,010,000 Old Republic Title
Wu Cunkai $737,500 First American Title Company
Alice Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Le Nhut $757,500
Previous Owner Wu Cunkai $479,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2024 10/16/24 Sold $1,010,000 +1.1% $521 / Sq Ft
09/09/2024 09/09/24 Pending -- -- --
08/31/2024 08/31/24 Price Changed $999,000 +11.1% $515 / Sq Ft
08/23/2024 08/23/24 For Sale $899,000 -- $463 / 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 $12,411 $1,010,000 $303,000 $707,000
2024 $12,411 $844,553 $250,987 $593,566
2023 $10,322 $827,995 $246,066 $581,929
2022 $10,120 $811,762 $241,242 $570,520
2021 $10,038 $795,848 $236,513 $559,335
2020 $9,926 $787,695 $234,090 $553,605
2019 $9,760 $752,250 $229,500 $522,750
2018 $9,154 $737,500 $225,000 $512,500
2017 $2,017 $132,714 $114,954 $17,760
2016 $1,891 $130,113 $112,701 $17,412
2015 $1,860 $128,158 $111,008 $17,150
2014 $1,781 $125,648 $108,834 $16,814
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2024

    Baosheng Cai

    Legend Realty & Finance Group

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Map

Source: MLSListings

MLS Number: ML81977837

MLSListings

APN: 431-0004-084-00

California Alameda County Hayward 94541 Burbank

538 B St, Hayward, CA

Not Listed for Sale

MultiFamily

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