22836 Watkins St, Hayward CA 94541 | $1,200,000

Prime high-density development opportunity with strong multifamily potential which is reported to allow up to 16 res units (buyer to verify). The owner/architect has suggested three options: a four-story, 13-unit apartment building with a ground-floor commercial space; eight three-story townhouses each with an ADU and an eight-unit condo concept with three-bedroom units. (See site plans in disclosures). Walking distance to B Street BART, providing excellent commuter access throughout the Bay Area, making it highly attractive to renters & condo buyers. Positioned near revitalizing Downtown Hayward, the site benefits from new mixed-use projects, restaurants, retail, and cultural amenities that continue to drive rental demand and long-term appreciation. Convenient access to I-880, I-580,&Mission Blvd (Hwy 238) ensures seamless connectivity to Silicon Valley, Oakland, and San Francisco. Near Cal State East Bay, a key enrollment driver supporting consistent housing demand. Hayward encourages transit-oriented, higher-density development in its downtown corridor. Buyers should investigate potential city or county incentives and housing programs (buyer to verify). A rare infill opportunity in a supply-constrained, transit-oriented location—ideal for maximizing long-term value & return.

More Details