21659 Mission BLVD, Hayward, CA 94541
21659 Mission BLVD, Hayward, CA 94541
21659 Mission BLVD, Hayward, CA 94541
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Josh Yoo

Josh Yoo

+1(510) 418-9180
Listed by Anton Lazarenko • eXp Realty of Northern California, Inc., DRE#02177813
$7,500,000
Est. payment /mo
1.11 Acres Lot
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Key Details

Property Type Vacant Land

Sub Type Residential Development Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML82045670

Lot Size 1.107 Acres

Property Sub-Type Residential Development Land

Property Description

Rare development opportunity in the heart of Hayward's Mission Boulevard corridor. This 1.11-acre vacant land parcel comes with architectural plans already submitted to the City of Hayward for a dual-product residential development an exceptional head start for any developer or investor looking to move efficiently through the entitlement process in one of the Bay Area's most active housing markets. The submitted plans propose a total of 45 residential units across two distinct programs: 27 townhomes/condominiums on one portion of the site, and 18 apartment units on the other. This split-parcel strategy allows the developer to pursue both a for-sale exit on the townhomes and a stabilized rental income play on the apartments either as a hold or a cap-rate sale. Situated on Mission Blvd with strong visibility and access, the site benefits from proximity to the Hayward BART Station (~1 mile), I-880 (~0.5 mile), Highway 92, Downtown Hayward, and CSU East Bay. Bay Area rental vacancy remains below 4% and demand for for-sale product in the sub-$1M range continues to outpace supply, making this corridor a compelling target for infill residential development.

Location

State CA

County Alameda

Area Hayward

Zoning MB-T4-1-HEIGHT

Exterior

Fence Fenced, Fenced Back, Fenced Front

Utilities Available Other

Present Use Other

Building

Lot Description Other

Sewer Other

Water Other

Others

Tax ID 428-0006-058-01

Horse Property No

Special Listing Condition Not Applicable

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Josh Yoo

Josh Yoo

+1(510) 418-9180

Broker Associate License ID: 02024903

Broker Associate License ID: 02024903

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21659 Mission BLVD

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Josh Yoo.

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