25730 University Court, Hayward, CA 94542

$7,200,000
List Price
$7,200,000
Status
ACTIVE
Days on Market
114
MLS#
ML81930989
Lot Size
118,462
Acres
2.72
Subdivision
Ca
Neighborhood
Ca

Property Description

Hilltop development opportunity consisting of two parcels. It is zoned for up to 97 Apt, Condominiums or PUD units. Nestled in the most prominent area of Hayward, this RIDGETOP, VIEW lot is the last undeveloped parcel in the CUL-DE-SAC. Development is located across from Cal State East Bay (formerly Cal State Hayward) and will command the highest price for residential homes in Hayward. The per unit price is substantially less than what other development lots have gone for in the vicinity. Price includes our old plans @ 200K, engineering @ 100K, reports @ 300K, for 94 two Bedroom, two Bath rental condominium units over parking structure. Building pad area is located at the street level and has been cleared of old structures & trees @ 200K. This parcel is ready for construction. Down below there are Oak trees, a seasonal creek and even a recreation area that connects to a hiking trail. Will exchange for beach front properties.

Additional Information

School District
Hayward (510) 784-2600
Elementary School
Hayward (510) 784-2600
High School
Hayward (510) 784-2600
View
Canyon, City Lights

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Rod Farsai from Interprop Development Corp.. 408-287-2000

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