323 Smalley Ave Immeuble residentiel 9 lots 2 002 955 € (222 551 €/Lot) Taux de capitalisation 5,39 % Hayward, CA 94541

The R&Z Group of Compass Commercial is proud to present 323 Smalley Ave, Hayward, CA — a rare multifamily opportunity in the growing Burbank neighborhood.
This unique offering features a diverse unit mix: (1) 3-bed, 1-bath single-family home and (5) 2-bed, 1-bath units, plus an oversized cinderblock garage/storage building generating additional monthly income. The 5-unit building has seen key upgrades, including a newer roof, exterior paint, dual-pane windows, and an on-site laundry room, enhancing tenant satisfaction and asset durability.
The property spans 4,534 square feet across a generous 0.38-acre lot. Each unit is separately metered for gas and electricity, promoting operational efficiency and helping to keep ownership costs manageable. The landlord currently covers water, sewer, and garbage services. Additional income from the garage/storage spaces averages approximately $550 per unit — with further upside potential.
For investors considering value-add opportunities, there may be potential for an ADU conversion (buyer to verify local zoning and regulations).
Strategically located less than one mile from the Hayward BART and Amtrak stations, 323 Smalley Ave offers tenants exceptional access to public transportation, shopping centers, and major freeways, including I-880 and I-580. This connectivity appeals strongly to both commuter and local renter demographics, supporting long-term demand and occupancy stability.
Whether you're an experienced investor looking to expand your portfolio with a cash-flowing asset, or a first-time buyer seeking a well-located property with strong fundamentals, 323 Smalley Ave checks all the boxes.
Contact The R&Z Group of Compass Commercial today to schedule a private tour and explore the full potential of this outstanding investment opportunity.