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About this home
This well-maintained four-unit property, owned long term and cared for with pride, offers an excellent opportunity for investors or owner-occupants. Each unit features 2 bedrooms, 1 bathroom, and two parking spaces, including one carport and one open space with a storage closet. Two units have been fully renovated and are ready to rent or occupy, while the remaining two units are leased through June 2026, providing stable, long-term income. The owner pays for water and garbage, keeping operating costs low and tenant demand high. With immediate rental income, upside potential from the renovated vacant units at market rent, and overall low operating expenses, this property is truly investor-friendly.
Multi-familyProperty Type
1968Year Built
8,250 sq ftLot Size
$293Price/Sq.Ft.
2 spacesParking
Listed by Virginia Trowbridge•DRE #02050702• GI Joe Homes Inc
North Hayward, located between Downtown Hayward and the Hayward Hills, is a residential and commuter-friendly Hayward neighborhood with a BART-adjacent core and a foothill backdrop. The neighborhood’s character concentrates around the Mission Blvd and A Street corridor, where taquerias, independent cafes, and small storefronts keep the sidewalks active. Housing reads as a mix of mid-century ranch homes, compact postwar streets, and a few newer infill buildings near transit. Japanese Gardens offers a quiet, designed landscape that contrasts with the busier commercial strips. The Hayward Area Historical Society anchors local storytelling in a classic downtown setting. Weekends often orbit around the Hayward Farmers Market and nearby parks for a walk-and-coffee rhythm.
Provided by Walk Score and Local Logic
Offer insights
1124 Rex Rd · $1,225,000
$1.22M and above
75% chance or better to win
Why $1.22M+ is a strong offer
DAYS ON MARKET
138 days
The average home goes pending in 42 days.
SALE-TO-LIST
100.1%
Most homes are selling 0% above list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Bedrooms
2 bedrooms per unit
Bathrooms
1 full bathroom per unit
Updated bathrooms in some units
Kitchen
Electric cooktop, electric oven/range, garbage disposal, range hood, microwave, and refrigerator
Granite countertops and 220V outlet; kitchen features vary by unit
Updated kitchen in some units
Laundry & utility
Laundry hookups only
Flooring
Carpet, laminate, and tile
Heating & cooling
Forced-air heating
Home design
Two stories
Parking
Carport
6 carport spaces
2 total parking spaces
Uncovered parking
Construction
One building
Concrete perimeter and slab foundation
Shingle roof
Utilities
Public utilities
Public water
Public sewer
Financial info
Four units total; two units leased
Minimum rents: Unit 1, $985; Unit 2, $2,500; Unit 3, $985; Unit 4, $2,500
Electricity and solar
View estimated energy costs and solar savings for this home
This well-maintained four-unit property, owned long term and cared for with pride, offers an excellent opportunity for investors or owner-occupants. Each unit features 2 bedrooms, 1 bathroom, and two parking spaces, including one carport and one open space with a storage closet. Two units have been fully renovated and are ready to rent or occupy, while the remaining two units are leased through June 2026, providing stable, long-term income. The owner pays for water and garbage, keeping operating costs low and tenant demand high. With immediate rental income, upside potential from the renovated vacant units at market rent, and overall low operating expenses, this property is truly investor-friendly.
MLSListings #ML82029424
Apr 30, 2026
Listing Removed
—
Dec 14, 2025
Listed
$1,550,000
$370/sq ft
Public Records
Nov 15, 2017
Sold
$1,025,000
$245/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$10,752 (+3.2%)
$237,206 + $468,366
$705,572
2024
$10,413 (+3.5%)
$232,556 + $459,185
$691,741
2023
$10,061 (+2.8%)
$227,996 + $450,181
$678,177
2022
$9,790 (−2.4%)
$219,144 + $432,703
$651,847
2021
$10,034 (+6.3%)
$219,144 + $432,703
$651,847
2020
$9,443 (+54.8%)
$214,848 + $424,220
$639,068
2019
$6,102 (+55.3%)
$212,646 + $419,873
$632,519
2018
$3,929 (+3.3%)
$90,554 + $104,181
$194,735
2017
$3,802 (+6.5%)
$87,038 + $100,136
$187,174
2016
$3,571 (+3.0%)
$87,038 + $100,136
$187,174
2015
$3,467 (+4.1%)
$85,331 + $98,172
$183,503
2014
$3,332 (+2.2%)
$82,403 + $94,804
$177,207
2013
$3,259 (+1.9%)
$82,403 + $94,804
$177,207
2012
$3,197 (+2.9%)
$82,031 + $94,376
$176,407
2011
$3,108 (+2.1%)
$80,423 + $92,525
$172,948
2010
$3,044 (−1.1%)
$78,846 + $90,711
$169,557
2009
$3,076 (+3.4%)
$78,257 + $90,033
$168,290
2008
$2,975
$78,443 + $90,248
$168,691
Public record
Public record
Zoning
Beds
8
Baths
4
Stories
2
Lot width
—
Lot depth
—
Lot size
8,250 Sq. Ft.
Year renovated
1968
Finished Sq. Ft.
4,188
Unfinished Sq. Ft.
—
Total Sq. Ft.
4,188
Year built
1968
Style
Multi-Family (2-4 Unit)
County
Alameda County
APN
428 002104500
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 16, 2026.
RM
Medium Density Residential District
The RM District shall be subject to the following specific regulations in addition to the general regulations hereinafter contained in order to promote and encourage a suitable environment for households of all types and sizes through a mingling of different housing types and densities and compatible community services.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Multiple units
Fire house
Police station
Local insights from Redfin agents
Hayward's fall market offers fantastic value for East Bay buyers. With median prices holding around $845K and homes averaging 20 days on market, you have breathing room to negotiate on older homes. Yet pristine, turnkey properties still move fast....