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25583 Spring Drive offers a rare vacant-delivery multifamily opportunity in Hayward's consistently strong rental market. Ideally situated between San Francisco, Oakland, and Silicon Valley, the property provides excellent regional connectivity via I-880, Hwy 92, and the South Hayward BART Station. Located approximately one mile from Cal State East Bay, the asset benefits from durable rental demand driven by students, faculty, and working professionals. The four-unit, two-story building features (3) 2BD/2BA and (1) 2BD/1BA units, totaling 3,196 SF on a 6,204 SF lot with a three-car garage. Built in 1995, the newer vintage construction offers reduced deferred maintenance and long-term operational durability compared to surrounding East Bay inventory. All four units will be delivered vacant, giving the incoming investor full flexibility to set market rents and select tenants from day one no buyouts, no displacement. Projected gross income of approximately $10,400/month. Select units include in-unit washer/dryer, central heat, and central A/C amenities rarely found at this price point. The building is equipped with leased solar panels that offset common area utility costs, and a tenant utility bill-back structure further strengthens net operating income. Solar lease is assumable.
Property Type(s):
Residential Income
| Last Updated | 5/11/2026 | Year Built | 1995 |
|---|---|---|---|
| Community | 699 - Not Defined | Garage Spaces | 3.0 |
| County | Alameda |
Additional Details
| AIR | Gas |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher |
| AREA | 699 - Not Defined |
| GARAGE | Yes |
| LOT | 6203 sq ft |
| LOT DIMENSIONS | 6204 |
| SEWER | Private Sewer |
| STORIES | 2 |
| TAXES | 18747 |
| VIEW | Yes |
| VIEW DESCRIPTION | City Lights |
Location
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Listed with Compass
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. 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. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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