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1289 Russell Way 0.15 Acres of Commercial Land Offered at $1,350,000 in Hayward, CA 94541

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INVESTMENT HIGHLIGHTS

  • Fully Approved Plans for a 14 Unit Residential Development
  • Located Directly Across Hayward's Renowned Japanese Gardens
  • Unit Mix: (10) 1 Bedroom, (2) 2 Bedroom/ 1 Bath, (1) ADA 2 Bedroom/ 1 Bath, (1) Affordable Housing 1 Bedroom/ 1 Bath
  • Very Walkable score of 89, with easy access to downtown Hayward, public transit, and BART

EXECUTIVE SUMMARY

RESIDENTIAL LAND DEVELOPMENT OPPORTUNITY!
- Fully Approved Plans for a 14 Unit Residential Development
- Unit Mix: (10) 1 Bedroom, (2) 2 Bedroom/ 1 Bath, (1) ADA 2 Bedroom/ 1 Bath, (1) Affordable Housing 1 Bedroom/ 1 Bath
- Garage Parking: 7
- Bicycle Racks: 8
- Located Directly Across Hayward's Renowned Japanese Gardens
- Price: $1,350,000
- Call Brokers for More Information!

PROPERTY FACTS

Price $1,350,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Subsidized
Total Lot Size 0.15 AC
Opportunity Zone Yes
Zoning Urban Neighborhood - Urban Neighborhood

1 LOT AVAILABLE

Lot

Price $1,350,000
Price Per AC $8,969,801.67
Lot Size 0.15 AC

RESIDENTIAL LAND DEVELOPMENT OPPORTUNITY! - Fully Approved Plans for a 14 Unit Residential Development

DESCRIPTION

Welcome to 1289 Russell Way, a rare infill development opportunity in the heart of Hayward, California. This 0.15-acre parcel is fully entitled for a 14-unit residential project, offering a thoughtfully designed unit mix that includes affordable and ADA-compliant options. Located directly across from the serene Hayward Japanese Gardens, the site boasts exceptional walkability and proximity to downtown amenities, public transit, and major employment centers.

Walk Score®
Walker's Paradise (92)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 36900493

  • Date on Market: 7/24/2025

  • Last Updated:

  • Address: 1289 Russell Way, Hayward, CA 94541

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