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688 Grove Way
Hayward, CA 94541
Multifamily Property For Sale
·
5 Units
Investment Highlights
- Diverse Unit Mix: Five (5) total units across three (3) structures, including two (2) duplexes and one (1) single-family home.
- Private Outdoor Space: All units feature separately fenced yards, enhancing privacy and tenant satisfaction—especially attractive to families.
- Utility Separation: Each unit is equipped with its own water heater, reducing operating costs and simplifying utility management.
- Extensive Renovations: Major interior and exterior upgrades across all units, including new roofs (2018 & 2025), modern kitchens, updated bathrooms.
- Washer/Dryer Hookups: In-unit laundry hookups provide added convenience and improve tenant retention.
- Detached Storage Garage: Large, separately metered garage structure with water and sewer connections and a new Siemens subpanel—offering flexible use
Property Facts
| No. Units | 5 | Building Size | 5,198 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Townhome | Year Built | 1950 |
| Building Class | C | Parking Ratio | 2.12/1,000 SF |
| Lot Size | 0.47 AC | ||
| Zoning | RSD3 | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 0.47 AC |
| Building Size | 5,198 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1950 |
| Parking Ratio | 2.12/1,000 SF |
| Zoning | RSD3 |
Amenities
Unit Amenities
- Cable Ready
- Microwave
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- Eat-in Kitchen
- Kitchen
- Granite Countertops
- Hardwood Floors
- Range
- Tub/Shower
- Yard
- Breakfast Nook
- Deck
- Double Pane Windows
- Family Room
- Garden
- Patio
- Quartz Countertops
Site Amenities
- 24 Hour Access
- Fenced Lot
- Laundry Facilities
- Laundry Service
- Recycling
- Wi-Fi
- Maintenance on site
- Private Bathroom
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1.5 | 2 | - | 900 - 1,100 |
| 2+1 | 1 | - | 1,000 |
| 3+2 | 2 | - | 1,100 |
Property Taxes
| Parcel Number | 414-0076-097-00 | Improvements Assessment | $858,088 |
| Land Assessment | $285,007 | Total Assessment | $1,143,095 |
Property Taxes
Parcel Number
414-0076-097-00
Land Assessment
$285,007
Improvements Assessment
$858,088
Total Assessment
$1,143,095
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