$1,250,000
Hayward, CA 94544
Alameda
County
Land
Property Type
Rare Hayward infill development opportunity along the dynamic W. Tennyson Road corridor. This approximately 0.62-acre / 26,865 SF site offers a compelling opportunity for a residential developer to explore multifamily, mixed-income, affordable, senior or supportive housing in one of the East Bay’s established and evolving communities. Hayward continues to prioritize new housing production, and qualifying projects may benefit from California and City of Hayward density-bonus provisions, development incentives, concessions and potential waivers that can significantly enhance development potential. Preliminary analysis suggests a conventional density scenario could support approximately 17 units before considering potential density bonuses, while qualifying affordable-housing strategies may create opportunities for additional units and greater density. Preliminary discussions have also contemplated development up to approximately 40 feet / four stories, subject to City review and all applicable development standards. The irregularly shaped site offers prominent W. Tennyson Road frontage together with rear access to Encina Street, creating an interesting canvas for creative site planning and circulation. The location provides convenient access to major East Bay transportation corridors, BART, employment centers, neighborhood services and the broader Bay Area. With housing affordability remaining one of the region’s most pressing needs, this site presents an opportunity to participate in Hayward’s continued growth while potentially delivering much-needed new housing. Affordable and mixed-income developers may find particular value in exploring available density bonuses and housing-development incentives. Existing improvements are vacant, substantially gutted and fire-damaged, and the property is being marketed primarily for its land and redevelopment potential. All unit counts, density scenarios, building heights, uses and development concepts are preliminary and subject to independent buyer investigation and approval by the City of Hayward and other applicable agencies. Buyer to verify zoning, density, incentives, utilities, access, parking, environmental conditions and all development feasibility.
$6,653/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. All listing data, including but not limited to square footage and lot size, is believed to be accurate but is not guaranteed by the listing Agent, listing Broker, or CRMLS. Buyers are responsible for verifying the accuracy of all information and should independently investigate the data or retain appropriate professionals prior to making any decisions. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information herein may or may not have been the Listing and/or Selling Agent. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.