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882 W Tennyson Rd

Hayward, CA 94544

$1,999,988

Status: Active
Year Built: 1956 MLS#: 41135579

Description

Discover an exceptional investment opportunity in a prime Hayward location. The subject property at 882-898 W Tennyson Road is located within the RM: Medium Density Residential zoning district with a corresponding land use designation of MDR: Medium Density Residential within the Hayward 2040 General Plan. The allowable density range is 8.7 to 17.4 dwelling units per net acreage. Based on a net acreage of .5693, the maximum density is 9 units which would allow the construction of two additional primary dwelling units. Any primary unit development would require review and approval of a Site Plan Review (SPR) application prior to submitting for building permits. To learn more about SPR, please visit https://www.hayward-ca.gov/services/permits/site-plan-review. The development standards for the subject property are hyperlinked above. This 7-unit complex sits on a 24,829 sq. ft. lot and features a 2-bedroom, 1-bath single-family home with a two-car garage, plus six (6) additional 1-bedroom, 1-bath units with a one-car garage. All units are separately metered for water and PG&E, simplifying building management. Built in 1956, the property offers approximately 4,314 sq. ft. of building area. Hayward is widely recognized as one of the strongest rental markets in the Bay Area, with a highly convenient central location near the South Bay, major bridges (I-84 and I-92), transportation options, Highways 880 and 580, and abundant shopping and dining.

Features

    Appliances: Gas Water Heater
    Heating: Wall Furnace
    Cooling: None
    Structure Type: Other Association Amenities: N/A
    Price/sqft: $464
    Parking Spaces: 16
    Total Floors: N/A

Listing is Courtesy of: Underwood Mortgage Group | Use of this site means you agree to the Terms of Use

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by Multi-Regional Multiple Listing Service, Inc. ("MRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and MRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.