REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Leia Hartje

lmhartje@gmail.com +1(925) 550-2697

$ 4,325,000

Est. payment | -/mo

14,202 SqFt

Save

$ 4,325,000

Est. payment | -/mo

Save

14,202 SqFt

Key Details

Property Type Multi-Family, Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 14,202 sqft

Price per Sqft $304

Subdivision Hayward

MLS Listing ID 41136438

HOA Y/N No

Year Built 1967

Lot Size 0.622 Acres

Acres 0.62

Property Sub-Type Multi Family

Property Description

Cap Rate - 5.93% (Current) | GRM – 9.64 (Current) Cap Rate – 6.95% (Proforma) | GRM – 8.81 (Proforma) 944 Fletcher Ln, in the Hayward foothills [alt addrs: 944 Walpert St multifamily asset features eighteen (18), of which nine are 1 bed / 1 bath units, and the remaining nine are 2 beds / 1 bath. The property has been well-maintained and upgraded over the years. Improvements include a new roof and electric panels (2025), SB 721 balcony clearance (2026), and most units have been updated to modern open kitchens with stone countertops. A total of 18 covered parking spaces and 8 additional uncovered spaces are rented for a fee. The elevator serves all 3 floors and a laundry room on two floors. The property allows for a turn-key investment with upside in one of Hayward foothills. Located in the Mission / Foothills neighborhood, the property is under one (1) mile from vibrant downtown Hayward + Hayward Bart station, and 1.5 miles from CSU East Bay. A short drive provides quick access to Highway 580 / 238 interchange or the 880 / 92 freeway, allowing easy connections to San Francisco, Silicon Valley, and the peninsula.

Location

State CA

County Alameda

Zoning MBCN

Rooms

Basement None

Interior

Interior Features Elevator, Storage

Heating Baseboard

Cooling None

Flooring Hardwood, Other

Fireplace No

Appliance Free-Standing Range, Refrigerator

Laundry Coin Operated, Common Area, Laundry Room

Exterior

View Y/N true

View Bay, Hills

Total Parking Spaces 26

Building

Lot Description Corner Lot

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 44519

© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

Listed by Davide Pio • BCRE

Nearby Locations

GET MORE INFORMATION

Leia Hartje

REALTOR® | Broker Associate Lic# 01412955

lmhartje@gmail.com

+1(925) 550-2697

191 Sand Creek Rd Suite 100, Brentwood, CA 94513, USA

944 Walpert St Hayward, CA 94541

Leia Hartje

Key Details

Location

Rooms

Interior

Exterior

Building

Others

944 Walpert St