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.
Lot/land
$1,200,000
22836 Watkins St, Hayward, CA 94541
0beds
0baths
0.27Acres
Unimproved Land
Built in ----
0.27 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 232 days
- 68
- 5
Zillow last checked:
Listing updated:
Listed by:
Michael Heavin DRE #00587874 510-538-7500,
Pacific Land Brokers,
John L. Morra DRE #01884598 510-200-4449,
Century 21 Masters
Source: Bay East AOR,MLS#: 41124614
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 0
Property
Features
- Fencing: Fenced,Chain Link
Lot
- Size: 0.27 Acres
- Dimensions: 100 x 116 x 116 x 100
- Features: Level, Rectangular Lot
Details
- Parcel number: 42881611
- Zoning: HDR
- Zoning description: Multi-Family
- Special conditions: Offer As Is
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: See Remarks
Community & HOA
Community
- Subdivision: Central Hayward
HOA
- Has HOA: No
Location
- Region: Hayward
Financial & listing details
- Tax assessed value: $603,720
- Price range: $1.2M - $1.2M
- Date on market: 2/20/2026
- Listing agreement: Excl Right
- Listing terms: Cash
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 2/20/2026 | Listed for sale | $1,200,000+4.3% |
Source: | ||
| 5/2/2025 | Listing removed | $1,150,000 |
Source: | ||
| 10/8/2024 | Listed for sale | $1,150,000+130% |
Source: | ||
| 11/13/2015 | Sold | $500,000+57.2% |
Source: | ||
| 8/7/2014 | Sold | $318,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $603,720 +2% |
| 2025 | $7,170 -54.2% | $591,885 +2% |
| 2024 | $15,656 +123.7% | $580,280 +2% |
| 2023 | $6,998 +2% | $568,905 +2% |
| 2022 | $6,862 +0.8% | $557,750 +2% |
| 2021 | $6,808 -39.6% | $546,815 +1% |
| 2020 | $11,279 +67.7% | $541,210 +2% |
| 2019 | $6,728 +9.4% | $530,600 +2% |
| 2018 | $6,152 | $520,200 +2% |
| 2017 | $6,152 +6.2% | $510,000 +2% |
| 2016 | $5,793 +56.2% | $500,000 +57.2% |
| 2015 | $3,708 | $318,000 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 94541
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