2531 Grove Way

Hayward, CA 94546

$4,150,000
Last Sold Price
Beds
9,360 Sq. Ft.
$443 / Sq. Ft.
9,360
Sq. Ft.
$443
per Sq. Ft.
  1. Listed by David Yang • DRE #00982050 • Legacy Real Estate & Assoc.

Property Details for 2531 Grove Way

City
HAYWARD
Building Type
5 or More Units
Property Sub Type
5 or More Units
Garage Spaces
0
Garage/Parking
Detached Garage, Guest / Visitor Parking, Parking Area, Assigned Spaces
Total # Parking Spaces
25

Location

Listing Courtesy of Legacy Real Estate & Assoc., David Yang, DRE #00982050

Sold By Legacy Real Estate & Associates, Louis Kang, DRE #01916275

Add your commute
LISTING UPDATED: 09/03/2022 03:00 AM

Property Details for 2531 Grove Way

StatusSold
MLS #40992221
Days on Compass45
Taxes$55,758 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units
Year Built1963
Lot Size0.51 AC / 22,202 SF
CountyAlameda County

Location

Listing Courtesy of Legacy Real Estate & Assoc., David Yang, DRE #00982050

Sold By Legacy Real Estate & Associates, Louis Kang, DRE #01916275

Add your commute

Building Information for 2531 Grove Way

Stories-Residences10Year Built1963Building Size-Lot Size0.51 AC / 22,202 SF

Payment Calculator

$27,295 per month

30 year fixed, 7.25% Interest

Principal and Interest

$22,648

Property Taxes

$4,647

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2531 Grove Way

Features
Feature Details
  • Flooring: Laminate
Room Details
  • Rooms Total: 0
  • Bathrooms Total Count: 0.0
  • Bathrooms Half: 0
Utility Details
  • Cooling: Other
  • Heating: See Remarks
  • Water/Sewer: Other
Lot / Property Details
Home Owners Association
  • HOA Amenities: Other
  • HOA Dues: $.00
Property Details
  • Additional Equipment: Other
  • City Transfer Tax: Yes
  • Exterior: Other
  • Lot Description: Other
  • Lot Sq Ft Apx: 22202
  • Lot Size Square Feet: 22202.0
  • Roof: See Remarks
  • Sq Ft Apx: 9360
  • Stories: 0.0
  • Year Built: 1963
Location Details
  • Directions to Property: 580 & 238
  • FIPS Code: 06001
  • Census Tract: 416-80-7
  • Parcel Number: 416-80-7
  • Printed Neighborhood Rpt: No
  • Board ID: BAY EAST
Multi Family Information
General Details
  • Units Total: 10
  • Basement: Other
  • Tenant Pays: Other
  • Financial Data Source: Other
Multi Family 5+ Information
Unit 1
  • Unit # 1 # of Bedrooms: 2
  • Unit # 1 # of Bathrooms: 1
  • Unit # 1 Parking Spaces: 1
  • Unit # 1 Approx SqFt: 980
  • Unit # 1 Rent: 2695
Unit 2
  • Unit # 2 # of Bedrooms: 2
  • Unit # 2 # of Bathrooms: 1
  • Unit # 2 Parking Spaces: 1
  • Unit # 2 Approx SqFt: 980
  • Unit # 2 Rent: 2595
Unit 3
  • Unit # 3 # of Bedrooms: 2
  • Unit # 3 # of Bathrooms: 1
  • Unit # 3 Parking Spaces: 1
  • Unit # 3 Approx SqFt: 980
  • Unit # 3 Rent: 2695
Unit 4
  • Unit # 4 # of Bedrooms: 2
  • Unit # 4 # of Bathrooms: 1
  • Unit # 4 Parking Spaces: 1
  • Unit # 4 Approx SqFt: 980
  • Unit # 4 Rent: Vacant
Unit 5
  • Unit # 5 # of Bedrooms: 2
  • Unit # 5 # of Bathrooms: 1
  • Unit # 5 Parking Spaces: 1
  • Unit # 5 Approx SqFt: 980
  • Unit # 5 Rent: 2695
Building Details
  • Additional Features-Misc: Other
  • Apx Lot Acres: 1
  • On Site Parking Description: Carports - 2 Or More, Detached Garage, Guest Parking, No Garage, Parking Area, Spaces - Assigned
  • Tot Ann Oper Exp: 81709.0
  • Total Deposits: 0
Income / Expense Details
  • Annual Exp Year: 81709
  • Annual Gross Sched Income: $296,400
  • Annual Insurance Expense: $8,345
  • Annual License Expense: $400
  • Annual Maint Expense: $6,000
  • Annual Mgmt Expense: $1,000
  • Annual Misc Income: $11,200
  • Annual Rent Income: $293,940
  • Annual Taxes: $55,758
  • Annual Util Expense: $10,205
  • Annual Vacancy: 0.0
  • Gross Income: $305,200
  • Gross Operating Actual Income: $305,200
  • Gross Rent Multiplier: 14.30
  • Net Operating Income: $223,511
  • Other Annual Expense: $1,000
Other Financial Information
  • Cap Rate: 4.97
  • Existing Loan: See Remarks
  • Ocpnt Req 24 Hr: Yes
Additional Information
Additional Information
  • Fireplace: No

Property History for 2531 Grove Way

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2531 Grove Way

Taxable ValueLand$850,000Additions$3,316,555Total$4,166,555
Tax Record2023$56,302 ($4,692 / month)
Home Facts
Total Finished SqFt9,360 SqFtAbove Grade Finished SqFt9,360 SqFtStories2Lot Size22,202 SqFtStyleMulti-Family Res (5+ Units)Year Built1963CountyALAMEDAAPN416-80-7

Schools near 2531 Grove Way

This home is within Hayward Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Strobridge Elementary School
PublicK to 6

Bret Harte Middle School
Public7 to 8

Hayward High School
Public9 to 12

Knowledge Enlightens You (Key) Academy
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Legacy Real Estate & Assoc., David Yang, DRE #00982050

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.