$4,325,000

Estimated payment $27,632/month

Total Views 1,630
-- Bed
-- Bath
14,202 Sq Ft
$305 Price per Sq Ft

Highlights

  • Bay View
  • Wood Flooring
  • No HOA
  • 27,087 Sq Ft lot
  • Corner Lot
  • Baseboard Heating

About This Home

Cap Rate - 5.93% (Current) | GRM – 9.64 (Current) Cap Rate – 6.95% (Proforma) | GRM – 8.81 (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), SB 721 balcony clearance (2026), and most units have been updated to modern open kitchens with stone countertops. 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.

Listing Agent

Davide Pio, CCIM

Bcre License #01522969 Listed on: 05/29/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1967

Lot Details

  • 27,087 Sq Ft 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
  • 18 Units
  • Hayward Subdivision

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Year Built

Built in 1967

Lot Details

0.62 Acres

Listing Details

  • Year Built: 1967
  • Property Sub Type: 5 or More Units
  • Prop. Type: Commercial Sale
  • Subdivision Name: Hayward
  • Directions: Corner of Walpert + Fletcher..
  • Garage Yn: No
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Other
  • Appliances: Free-Standing Range, Refrigerator
  • Other Equipment: Other
  • Fireplace: No

Exterior Features

  • Roof: Tar/Gravel
  • Lot Features: Corner Lot
  • View: Bay, Hills
  • Construction Type: Stucco

Garage/Parking

  • Parking Features: Covered, Assigned, Space Per Unit - 1, Uncovered Parking Space

Utilities

  • Heating: Baseboard
  • Cooling: None
  • Laundry Features: Coin Operated, Common Area, Laundry Room
  • Cooling Y N: No
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 27087
  • Parcel Number: 44519

Multi Family

  • Number Of Units Total: 18

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $51,247 $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
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/29/2026 05/29/26 For Sale $4,325,000 +11.6% $305 / 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®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Grant Deed $3,875,000 Fidelity National Title Co
Interfamily Deed Transfer -- None Available
Grant Deed $2,380,000 First American Title Company
Grant Deed $1,900,000 Financial Title Company
Interfamily Deed Transfer -- Financial Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Closed $2,650,000 Purchase Money Mortgage
Closed $970,000 Credit Line Revolving
Closed $240,000 Commercial
Closed $1,225,000 Commercial
Closed $1,666,000 Commercial
Closed $1,425,000 Commercial
Source: Public Records

Source: Contra Costa Association of REALTORS®

MLS Number: 41136438

Contra Costa Association of REALTORS®
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