1 Hayward Avenue

San Mateo, CA 94401

$3,800,000
Price
Beds
6,753 Sq. Ft.
$563 / Sq. Ft.
6,753
Sq. Ft.
$563
per Sq. Ft.

Description

Upcoming public tours: Tuesday 3.26.24 from 2pm-4pm Wednesday 3.27.24 from 1pm-2pm 1 Hayward Ave is a stunning multifamily investment opportunity with a fully entitled mixed-use redevelopment site by the City of San Mateo. Proposed renderings feature 18 dwelling units and 2 office/retail spaces. Situated on a parcel of land totaling 12,824 square feet, the subject property was originally constructed in 1938 and has a gross building area of approximately 6,794 square feet, offering its tenants beautifully...Upcoming public tours: Tuesday 3.26.24 from 2pm-4pm Wednesday 3.27.24 from 1pm-2pm 1 Hayward Ave is a stunning multifamily investment opportunity with a fully entitled mixed-use redevelopment site by the City of San Mateo. Proposed renderings feature 18 dwelling units and 2 office/retail spaces. Situated on a parcel of land totaling 12,824 square feet, the subject property was originally constructed in 1938 and has a gross building area of approximately 6,794 square feet, offering its tenants beautifully designed two-bedroom, one-bedroom, and studio floor plans. Additionally, the subject property provides tenants with private garages and backyard space. The subject site features three fully renovated semi-detached houses with convenient amenities such as private garages, backyard space, and in-unit laundry. All units are currently on a month-to-month lease. The subject property is located within close proximity to Downtown San Mateo, a popular area featuring a myriad of diverse retail shops, dining, and entertainment options. The subject property is also located near many major transportation corridors including U. S. Route 101, California State Route 92, and the San Mateo Caltrain Station.
  1. Listed by Cole Simpson • DRE #02016525 • Brokerage DRE #01240999 • Marcus & Millichap • 650-888-7696
  2. Listed by Robert Johnston • DRE #01853816 • Brokerage DRE #01240999 • Marcus & Millichap

Property Details for 1 Hayward Avenue

MLS City Name
SAN MATEO
Building Type
Other
Garage Spaces
6
Parking Spaces
0

Location

Listing Courtesy of Marcus & Millichap, Cole Simpson, DRE #02016525; Marcus & Millichap, Robert Johnston, DRE #01853816
Add your commute
LISTING UPDATED: 03/25/2024 11:16 AM

Property Details for 1 Hayward Avenue

StatusActive
MLS #ML81956855
Days on Compass85
Taxes$55,261 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1938
Lot Size0.29 AC / 12,824 SF
CountySan Mateo County

Location

Listing Courtesy of Marcus & Millichap, Cole Simpson, DRE #02016525; Marcus & Millichap, Robert Johnston, DRE #01853816
Add your commute

Building Information for 1 Hayward Avenue

Stories-Residences-Year Built1938Building Size-Lot Size0.29 AC / 12,824 SF

Payment Calculator

$25,343 per month

30 year fixed, 7.25% Interest

Principal and Interest

$20,738

Property Taxes

$4,605

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1 Hayward Avenue

Features
Features
  • Fireplace: No
  • Living SqFt: 6753
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: None
  • Heating: Fireplace, Wall Furnace
  • Meters: Master Electric, Master Gas, Master Water, Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 6
Garage
  • Garage and Parking: Attached Garage, Carport
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Min Num Of Units in Complex: 6
  • Area Text: Hayward Park
  • Restrictions: None
  • Roof: Shingle
  • Subclass: Five or More Units
  • Year Built Source: Other
  • Street Number: 1
  • Street Name: Hayward
  • Street Suffix: Avenue
  • Area ID: 419
Lot / Property Details
Building Information
  • Number of Buildings: 3
  • Structure SqFt: 6753
  • Structure SqFt Source: Other
  • Age: 86
Development Information
  • Zoning Detail: E2-1/R4
Location Information
  • Parcel Number: 034-275-130
  • County Name: San Mateo
  • City Name: SAN MATEO
  • City Postal ID: 62
  • Postal Code: 94401
  • Elementary School District: 938
  • High School District Text: San Mateo Union High
Lot Information
  • Foundation: Concrete Perimeter, Wood Frame
  • Lot Acres: .29
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Other
Multi Family Information
Building Information
  • No Of Leased: 6
General Information
  • Annual Tax Amount: $55,261
  • Capitalization Rate: 4.72
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: Rents
  • Vacancy Factor: 3
Income / Expense Details
  • Expense Insurance: $3,612
  • Expense Landscape: $2,400
  • Expense Maintenance: $3,000
  • Expense Management: $0
  • Expense Trash: $0
  • Expenses Other: $3,200
  • Expenses Utility: $2,400
  • Expenses Total: $69,873
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Repair, Reserve Fund, Services - Gardener, Utilities - Water, Other
  • Gross Rent Multiplier: 14.80
  • Income Annual Gross: $249,096
  • Income Annual Rental: $256,800
  • Income Gross Scheduled: $256,800
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 2
Unit 2 Information
  • Unit 2 Approx Square Footage: 950
Unit 3 Information
  • Unit 3 Approx Square Footage: 1100
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 1
Unit Type 1
  • Unit Type1 Approx SqFt: 1300

Property History for 1 Hayward Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1 Hayward Avenue

Taxable ValueLand$2,662,869Additions$324,018Total$2,986,887
Tax Record2023$46,082 ($3,840 / month)
Home Facts
Total Finished SqFt6,753 SqFtAbove Grade Finished SqFt6,753 SqFtStories2Lot Size12,824 SqFtStyleOffice BuildingYear Built1938ZoningEA00E4CountySAN MATEOAPN034-275-130

Schools near 1 Hayward Avenue

This home is within San Mateo Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Sunnybrae Elementary School
PublicK to 5

Borel Middle School
Public6 to 8

Aragon High School
Public9 to 12

Peninsula High
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1 Hayward Avenue is a multi-family home for sale in San Mateo, CA 94401. This property was listed for sale on March 8, 2024 by Marcus & Millichap, it's currently listed at $3,800,000. It has been on the market for a total of 85 days and was last sold on June 11, 2007. This listing's school districts are San Mateo Union High School District, San Mateo-Foster City School District. Nearby schools include Sunnybrae Elementary School, Borel Middle School and Aragon High School. 1 Hayward Avenue is a 0-bed, 0-bath, 6,753 sqft multi-family home built in 1938.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap, Cole Simpson, DRE #02016525; Marcus & Millichap, Robert Johnston, DRE #01853816

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.