This Multifamily Property is no longer advertised on LoopNet.com.

399 Schafer Rd
Hayward, CA 94544
Schafer Place · Multifamily Property For Sale · 30 Units

Investment Highlights

  • (20) 1bd/1bth, (9) 2bd/1bth, and (1) 3bd/1bth Units with 24 of 30 Units Fully Renovated
  • Significant Capital Improvements Completed Including: New Exterior Paint, Upgraded Bathrooms and Kitchens with Contemporary Finishes, and More
  • Opportunity to Increase Revenue w/ Monetization of Parking, Rent Increases, and Additional RUBS
  • Private Carport Parking Including 9 Covered Carports, an On-Site Laundry Facility, RUBS, and Solar Panels to Offset Electrical Consumption
  • Prime Harder- Tennyson Location, Close to Restaurants, Shopping, Commute Options & Downtown Hayward
  • Hayward is the Center of the Bay Area with Strategic Access to All Major Bay Area Employment Centers Including Oakland/ Berkeley, San Jose, and SF

Property Facts

No. Units 30
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Multifamily Manufactured Housing Mobile Home Park
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class C
Lot Size 1.11 AC
Building Size 17,340 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1962/2023
Parking Ratio 2.83/1,000 SF
Zoning RM, Hayward

Amenities

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Double Pane Windows

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Laundry Facilities
  • Tenant Controlled HVAC
  • Public Transportation
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 20 - 600
2+1 9 - 800
3+1 1 - 900

Property Taxes

Property Taxes

Parcel Number
453-0020-065-02
Land Assessment
$2,048,058
Improvements Assessment
$4,765,148
Total Assessment
$6,825,356
  • Listing ID: 37524109

  • Date on Market: 9/3/2025

  • Last Updated:

  • Address: 399 Schafer Rd, Hayward, CA 94544

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