Rare two-building community asset with multiple value-add opportunities
$2,799,800
24952-24954 Cypress Avenue, Hayward, CA 94544
5,790 sqft
Building Size
20,100 sqft
Lot Area
Details:
Highlights:
- Two buildings totaling approximately 5,790 SF on an approximately 20,100 SF RM lot
- Rear facility previously licensed for 14 beds, built 1993, accessibility-supportive
- Front 3-bed, 2-bath residence for rental income, staff housing, owner occupancy, or offices
- Educational, cultural, religious, recreational, convalescent, and nonprofit use pathways
- RM development optionality within Hayward's Medium Density range of 8.7 to 17.4 units per net acre
- Delivered vacant with inspection and disclosure package available up front
- Central East Bay location near I-880, SR-92, SR-238, and South Hayward BART
Description:
Download OM and Disclosures, Video and 3D Tour: https://jsei.haylengroup.com/
Two buildings on an approximately 20,100 SF RM lot in South Hayward, delivered vacant with the full inspection and disclosure package available up front.
The rear building is a purpose-built facility of approximately 3,760 SF, previously licensed for 14 beds. It offers five single-occupancy rooms, five double-occupancy rooms, a commercial-grade kitchen, spacious common and dining areas, wide corridors, abundant natural light, and an accessibility-supportive layout. The front building is a 3-bedroom, 2-bath residence of approximately 2,030 SF with an unfinished basement, refreshed with new paint, updated kitchen surfaces, and modernized lighting.
What makes the offering rare is the pairing. The previously licensed configuration supports a faster operational restart for residential care relative to ground-up development, while Hayward's RM district and administrative use permit pathways extend eligible uses to educational, cultural, religious, recreational, convalescent, and nonprofit users. The front residence lets an owner-operator live on site, house staff, generate rental income, or run administrative offices while operating a program in the rear building.
For investors, the property offers a value-add path anchored by rental income and repositioning upside, with longer-term RM development optionality within Hayward's Medium Density range. Buyer to verify all uses and licensing requirements.
Documents:
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HAYLEN_-_OM_-_24952_24954_Cypress_Ave.pdf
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Location
Gallery