BACK ON THE MARKET! PRICED TO SELL! No fault of property. .. .26485 Gading Rd is a five-unit complex located in the heart of Hayward. This is a tremendous opportunity for an investor to acquire a property in a community that connects the East Bay with the Peninsula and Silicon Valley. There is significant rental upside along with an excellent return day 1. The unit mix consists of five spacious 2 bedrooms / 1 bathroom units. On-site laundry for additional income.
Multi-familyProperty Type
1960Year Built
8,276 sq ftLot Size
$358Price/Sq.Ft.
6 spacesParking
Listed by Carlos Azucena•DRE #01738155• Marcus & Millichap
Listed by Mitchell Zurich•DRE #01870648• Marcus & Millichap
Contact: 408-205-2679
Bought with Quang H. Hang•DRE #01730239• The House You Want
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
10
Baths
5
Stories
2
Lot width
—
Lot depth
—
Lot size
8,276
Year renovated
1960
Sq. Ft.
4,254
Year built
1960
Style
Multi-Family (5+ Unit)
County
Alameda County
APN
454 002512512
Parking Spaces
6
Basement
No
Accessible
No
HOA Dues
—
Garage
No
Features
—
Last updated by owner on Dec 26, 2024.
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
Jun 15, 2023 • Final
Commercial - water heater
Remove a defective water heater and replace it with a new water heater in the same location.
Plumbing
Water heater
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Carport (Minimum): 3
Parking Description: Assigned Spaces, Carport
Parking Spaces: 6
Interior
Interior Features
Laundry: Coin-Operated
Heating & Cooling Information
Heating: Wall Furnace
Multi-Unit Information
# of Units in Complex (Minimum): 5
Annual Rental Income: $128,856
Annual Gross Income: $130,056
Gross Rent Multiplier: 11.73
Gross Scheduled Income: $130,056
Other Income: $1,200
Other Expenses: $1,400
Total Expenses: $43,096
Unit Type 1 Information
# of Bedrooms: 2
# of Units (Total): 5
# of Baths (Full): 1
Rent: $1,800
Exterior
Exterior Features
Roof: Flat/Low Pitch
Building Information
# of Buildings: 1
Subclass: 5+ Units
Reinforced Concrete
Property Features
Living Sq. Ft.: 4,254
Property Information
Property Primary ID: 689366
Tenant Expenses: Utilities (Electric)
Lot Information
Lot Acres: 0.19
Lot Size Area Minimum Units: Sq. Ft.
Lot Size Area Maximum Units: Sq. Ft.
Lot Size Source: Other (See Remarks)
Zoning: RM
Financial
Tax/Assessment Information
Annual Tax Amount: $18,948
Utilities
Utility Information
Meters: Primary Water
Sewer Septic: Sewer Connected
Utilities: Individual Electric Meters, Public Utilities
Trash Expense: $10,500
Utility Expenses: $8,448
Water Information
Water: Public
Location
School Information
Elementary School District: Hayward Unified
High School District: Hayward Unified
Public facts
Beds: 10
Baths: 5.0
Sq. Ft.: 4,254
Stories: 2.0
Parking Spaces: 6
Basement: No
Accessible: No
Lot Size: 8,276 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1960
Year Renovated: 1960
County: Alameda County
APN: 454 002512512
HOA Dues: —
Garage: No
Features: —
Home facts updated by owner on Dec 26, 2024
Other
Miscellaneous Information
Incorporated: Yes
Around this home
Schools
Glassbrook Elementary School
Public K-6 • Assigned • 0.1mi
2/10
Martin Luther King, Jr. Middle School
Public 7-8 • Assigned • 0.7mi
5/10
Tennyson High School
Public 9-12 • Assigned • 0.7mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Local insights from Redfin agents
Hayward remains an incredible value in the East Bay! With median prices around $860K and homes averaging 21 days on market, buyers have some breathing room to negotiate. However, pristine, move-in ready properties still fly off the shelf in under 10...
Hayward is a fast-paced seller's market with homes going pending in just 17 days. With a median sale price of $884,000, over 60% of properties close above asking price. Buyers must act quickly with strong, competitive offers to succeed here.