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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.
Listing agent: Michael Heavin DRE #00587874 mjheavin@aol.com, Listing office: Pacific Land Brokers
MLS data updated 10/25/2026, 5:03:43 PM PT
Source: CRMLS, MLS #: 41124936
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Feb 24, 2026
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$1,200,000Original asking price · Feb 24, 2026ZIP 94541 · Feb 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.