24039 & 24041-24049 Park St presents a rare opportunity to acquire 16 value-add multifamily units located in the heart of Hayward, CA. The property is comprised of 4 separate buildings on 3 adjacent parcels in the vibrant Burbank neighborhood, providing investors with exceptional long-term flexibility and multiple exit strategies. Its central location, walkable amenities, & transit connectivity make it a highly desirable rental community within a supply-constrained East Bay market. Importantly, the property has benefited from recent capital improvements that strengthen its operational profile. All unit electrical subpanels have been replaced, addressing a common source of insurance concerns & significantly reducing near-term capital expenditure requirements. This improvement provides incoming ownership with enhanced insurability & a more predictable expense profile. Additionally all windows throughout all 4 buildings have recently been replaced with dual pane vinyl frame windows improving energy efficiency & reducing the chances of water intrusion that could lead to unknown deferred maintenance. 5 of the 16 units are individually metered for water/sewer while the rest are master metered. The property is comprised of 10 one-bedroom units, 5 two-bedroom units & a 3-Bedroom house.
MLS #
SF425082722
MLS Source
San Francisco Association of Realtors® MLS
Days on Site
15
Kitchen
Varies by Unit
Appliances
Cooktop - Electric, Cooktop - Gas, Garbage Disposal, Oven - Built-In, Oven - Electric, Oven Range - Gas
Flooring
Carpet, Linoleum, Simulated Wood, Varies by Unit, Vinyl
Laundry
Coin Operated
Heating
Gas, Wall Furnace
Garage/Parking
Off-Street Parking, Garage: 0 Car(s)
Sewer
Public Sewer
Water
Public
HOA Fee
$0
Listing Agent
Keith Manson
Cushman & Wakefield
License #: 01490046
Phone: (415) 773-3592
Co-Listing Agent
Zachary Greenwood
License #: 01960296
Phone: (415) 714-4825
| # Buildings | # Leased Units | # Total Units | 
|---|---|---|
| 4 | 16 | 16 | 
24039 Park St is a Residential Income in Hayward, CA 94541. This 10,665 square foot property sits on a 0.875 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,150,000 and was built in 0. This address can also be written as 24039 Park St, Hayward, CA 94541.
©2025 San Francisco Association of Realtors® MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from San Francisco Association of Realtors® MLS.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of November 03, 2025. For the most current information, please contact Keith Manson, (415) 773-3592