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21659 Mission Boulevard

Hayward CA 94541

48207 sq. ft.
Land
Currently for sale - view listing

Overview

Rare development opportunity in the heart of Hayward's Mission Boulevard corridor. This 1.11-acre vacant land parcel comes with architectural plans already submitted to the City of Hayward for a dual-product residential development an exceptional head start for any developer or investor looking to move efficiently through the entitlement process in one of the Bay Area's most active housing markets. The submitted plans propose a total of 45 residential units across two distinct programs: 27 townhomes/condominiums on one portion of the site, and 18 apartment units on the other. This split-parcel strategy allows the developer to pursue both a for-sale exit on the townhomes and a stabilized rental income play on the apartments either as a hold or a cap-rate sale. Situated on Mission Blvd with strong visibility and access, the site benefits from proximity to the Hayward BART Station (~1 mile), I-880 (~0.5 mile), Highway 92, Downtown Hayward, and CSU East Bay. Bay Area rental vacancy remains below 4% and demand for for-sale product in the sub-$1M range continues to outpace supply, making this corridor a compelling target for infill residential development.

Features

48207 sq. ft. lot size
Land

Happy sellers in Hayward

96%
96% of sellers in Hayward reported that their sale price either exceeded or met their price expectations.

Hayward stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Hayward over the last 12 months.

Local market activity for land plots in Hayward

In the last 12 months, 6 land plots similar to 21659 Mission Boulevard, have been sold.

This represents a 25% decrease in land plots sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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