$1,666,000
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1.38 Acres Lot
SOLD DATE : 06/29/2022
Key Details
Sold Price $1,666,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Hayward Hills
MLS Listing ID 40985217
Sold Date 06/29/22
HOA Y/N No
Lot Size 1.378 Acres
Property Description
The value is in the land! This well located, 1.38 acre parcel features an existing 1,132 square foot single-family home. The property is zoned RSB4, Single Family Residential, minimum lot size of 4,000 square feet. Views of Coyote Hills, Union City, and Fremont. Estimated value exceeds $2,750,000 once new owner completes entitlement and subdivision process for approximately 10 lots (or possibly more). Homes in neighboring DR Horton community sell for over $1,500,000. Subject to a Development Agreement with City of Hayward dated 5/30/2008. Underground sewer, water, gas, and storm drain installed in 2016 as a part of Development Agreement in contemplation of future development. Current Phase I Environment Report, Engineer's Report, Soils Report, and Home, Pest and Roof inspections on file. Pest Clearance. Trustee sale, no court confirmation required. Producing irrigation well on property. A perfect land bank or development opportunity. The Bay Area needs housing!
Location
State CA
County Alameda
Zoning RSB4
Interior
Fireplace No
Exterior
View Y/N Yes
View City Lights, Panoramic
Building
Lot Description Horse Property
Sewer Public Sewer
Others
Tax ID 83265211
Acceptable Financing Cash, Conventional
Horse Property Yes
Listing Terms Cash, Conventional
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25101 The Old Road Suite 240, Ranch, Ca, 91381, United States