Hayward, California, Alameda County, 94544

The value is in the land! This well located, 1.38 acre parcel features an existing 1,132 square foot single-family home (currently occupied - will be delivered vacant as of close of escrow). The property is zoned RSB4, Single Family Residential, minimum lot size of 4,000 square feet. Views of Coyote Hills, Union City, and Fremont. Estimated value exceeds $2,750,000 once new owner completes entitlement and subdivision process for approximately 10 lots (or possibly more). Homes in neighboring DR Horton community sell for over $1,500,000. Subject to a Development Agreement with City of Hayward dated 5/30/2008. Underground sewer, water, gas, and storm drain installed in 2016 as a part of Development Agreement in contemplation of future development. Current Phase I Environment Report and home, pest and roof inspections on file. Trustee sale, no court confirmation required. Producing irrigation well on property. A perfect land bank or development opportunity. The Bay Area needs housing!

Listing Courtesy of James Dye , Heritage Properties