944 Walpert St Hayward, CA 94541
Mission-Foothill NeighborhoodEstimated payment $27,620/month
Highlights
- Bay View
- Wood Flooring
- No HOA
- 27,087 Sq Ft lot
- Corner Lot
- Baseboard Heating
About This Home
Cap Rate - 5.74% (Current) | GRM – 9.82 (Current) Cap Rate – 6.28% (Proforma) | GRM – 9.29 (Proforma) 944 Fletcher Ln, in the Hayward foothills [alt addrs: 944 Walpert St multifamily asset features eighteen (18), of which nine are 1 bed / 1 bath units, and the remaining nine are 2 beds / 1 bath. The property has been well-maintained and upgraded over the years. Improvements include a new roof and electric panels (2025), and most units have been updated to modern open kitchens with stone countertops. Additionally, some 1st floor units have backyards, while others on floors 2 and 3 have balconies. Those units with a west-facing view enjoy beautiful views stretching all the way to the bay. A total of 18 covered parking spaces and 8 additional uncovered spaces are rented for a fee. The elevator serves all 3 floors and a laundry room on two floors. The property allows for a turn-key investment with upside in one of Hayward foothills. Located in the Mission / Foothills neighborhood, the property is under one (1) mile from vibrant downtown Hayward + Hayward Bart station, and 1.5 miles from CSU East Bay. A short drive provides quick access to Highway 580 / 238 interchange or the 880 / 92 freeway, allowing easy connections to San Francisco, Silicon Valley, and the peninsula.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1967
Lot Details
- 0.62 Acre Lot
- Corner Lot
Property Views
- Bay
- Hills
Home Design
- Tar and Gravel Roof
- Stucco
Parking
- Covered Parking
- Uncovered Parking
- Assigned Parking
Utilities
- No Cooling
- Baseboard Heating
Additional Features
- Free-Standing Range
- Wood Flooring
Listing and Financial Details
- Assessor Parcel Number 44519
Community Details
Overview
- No Home Owners Association
- Hayward Subdivision
Amenities
- Coin Laundry
Map
Home Values in the Area
Average Home Value in this Area
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 | $50,748 | $4,193,428 | $1,258,313 | $2,922,425 |
| 2024 | $50,748 | $4,111,468 | $1,233,645 | $2,865,133 |
| 2023 | $49,985 | $4,018,440 | $1,209,465 | $2,808,975 |
| 2022 | $48,988 | $3,953,607 | $1,185,750 | $2,753,898 |
| 2021 | $37,156 | $2,927,112 | $878,752 | $2,048,360 |
| 2020 | $36,821 | $2,903,931 | $869,742 | $2,034,189 |
| 2019 | $37,087 | $2,845,107 | $852,695 | $1,992,412 |
| 2018 | $34,764 | $2,787,264 | $835,982 | $1,951,282 |
| 2017 | $33,961 | $2,732,679 | $819,595 | $1,913,084 |
| 2016 | $32,209 | $2,679,160 | $803,528 | $1,875,632 |
| 2015 | $31,542 | $2,638,978 | $791,465 | $1,847,513 |
| 2014 | $29,947 | $2,587,351 | $775,966 | $1,811,385 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/26/2025 10/26/25 | For Sale | $4,500,000 | +16.1% | $317 / Sq Ft | |
| 02/04/2025 02/04/25 | Off Market | $3,875,000 | -- | -- | |
| 06/25/2021 06/25/21 | Sold | $3,875,000 | +0.6% | $273 / Sq Ft | View Prior Sale |
| 04/21/2021 04/21/21 | Pending | -- | -- | -- | |
| 04/05/2021 04/05/21 | For Sale | $3,850,000 | -- | $271 / Sq Ft |
Source: Contra Costa Association of REALTORS®
MLS Number: 41115887
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