$1,999,988

Discover an exceptional investment opportunity in a prime Hayward location. 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.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. 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.