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21659 Mission Boulevard

Hayward, CA 94541
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SqFt48,207

Sqft(Lot)

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 wi th 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.

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Detail Ic Property Details

Property Type : Land

Price : $7,500,000

AD Id : 77931414

MLS Id : ML82045670

Lot Size : 48,207 Sqft(Lot)

County : Alameda

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Feature Features

  • Bathroom Information

    Total Baths: 0

    Water/Sewer

    Water Source: Other Sewer: Other

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 1.1067
  • Lot Size Source: Assessor Lot Size Square Feet: 48207

  • Listing Price Information

    Original List Price: 7,500,000 Listing Contract Date: 2026-05-03
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 428000605801

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: 699 - Not Defined Zoning: MB-T4-1-HEIGHT Source Property Type: Land Area: 699 - Not Defined
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Cherry Way, Hayward, CA, 94541 $315,000 -- -- -- 4,216.61 Sqft(Lot)
1399 A Street, Hayward, CA, 94541 $800,000 -- -- -- 14,308 Sqft(Lot)
1289 Russell Way, Hayward, CA, 94541 $1,150,000 -- -- -- 6,556 Sqft(Lot)
22836 Watkins St, Hayward, CA, 94541 $1,200,000 -- -- -- 11,600 Sqft(Lot)

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ByOwner last updated this listing 06/07/2026 @ 07:31

MLS: ML82045670 LISTED BY: Anton Lazarenko, eXp Realty of Northern California, Inc. 888-832-7179 SOURCE: CRMLS

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