The Grand Townhomes at SoHay' — Sale in Hayward, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Hayward, CA 94544

Investment Figures

Cap rate
5.71%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

The Grand Townhomes at SoHay’ is a stunning 23-unit multifamily investment opportunity located at 29324 Dixon St in the thriving city of Hayward, California. Situated on a parcel of land totaling 38,700 square feet, the subject property was originally constructed in 1963 and has a gross building area of approximately 21,440 square feet. The Grand Townhomes at SoHay' offers tenants spacious, well-designed two-bedroom townhomes as well as one-bedroom floor plans. The subject property also offers tenants an on-site laundry facility and gated private parking. Additionally, The Grand Townhomes at SoHay’ has recently undergone extensive interior and exterior capital improvements to select units including updated kitchens, granite countertops, stainless steel appliances, as well as other renovations. The Grand Townhomes at SoHay’ is a well-positioned asset with close proximity to some of the most prominent employment centers in the Bay Area: Oakland, The Peninsula, The Tri-Valley, Silicon Valley, and San Francisco. The major transportation corridors of Interstate 880, Interstate 580, the San Mateo-Hayward Bridge, and several BART stations make commuting to these major transportation centers convenient for tenants. The subject property offers close proximity to many of the nation's top employers which include Tesla, PG&E, Chevron, Kaiser, Sutter Health, John Muir Health, as well as many others. The subject property is also located within close proximity to California State University, East Bay (2.5 miles). The strong positioning of The Grand Townhomes at SoHay’ presents investors the option to pivot and attract a diverse range of residents driven towards the overall value that Hayward provides. The investment appeal of this asset is driven by Hayward’s strong employment fundamentals and low vacancy levels. With a world-class location in the heart of the East Bay, Grand Townhomes at SoHay’ presents an attractive choice for investors due to its close proximity to major employ

Market Context

This multifamily in Hayward, CA is listed for sale. It is offered at an approximate 5.7% capitalization rate, a key benchmark for income-producing multifamily assets. It has been on the market for 86 days. Compare it against other multifamily listings for sale in Hayward, CA — view the full market.

As of Q1 2026, the Oakland / East Bay multifamily market showed cap rates around 4.9%. Source: multiple brokerage reports, Q1 2026.

Its 5.7% asking cap rate is above the Oakland / East Bay multifamily market average of about 4.9%, implying a higher yield (and typically more risk or upside) than comparable assets.

Multifamily market FAQ

What is the typical cap rate for multifamily in Oakland / East Bay?
About 4.9% as of Q1 2026, per multiple brokerage reports.

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