1251 W Tennyson RdHayward, CA 94544
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$5,703Rare Hayward infill development opportunity along the dynamic W. Tennyson Road corridor. This approximately 0.62-acre / 26,865 SF site offers a compelling opportunity for a residential developer to explore multifamily, mixed-income, affordable, senior or supportive housing in one of the East Bay’s established and evolving communities. Hayward continues to prioritize new housing production, and qualifying projects may benefit from California and City of Hayward density-bonus provisions, development incentives, concessions and potential waivers that can significantly enhance development potential. Preliminary analysis suggests a conventional density scenario could support approximately 17 units before considering potential density bonuses, while qualifying affordable-housing strategies may create opportunities for additional units and greater density. Preliminary discussions have also contemplated development up to approximately 40 feet / four stories, subject to City review and all applicable development standards. The irregularly shaped site offers prominent W. Tennyson Road frontage together with rear access to Encina Street, creating an interesting canvas for creative site planning and circulation. The location provides convenient access to major East Bay transportation corridors, BART, employment centers, neighborhood services and the broader Bay Area. With housing affordability remaining one of the region’s most pressing needs, this site presents an opportunity to participate in Hayward’s continued growth while potentially delivering much-needed new housing. Affordable and mixed-income developers may find particular value in exploring available density bonuses and housing-development incentives. Existing improvements are vacant, substantially gutted and fire-damaged, and the property is being marketed primarily for its land and redevelopment potential. All unit counts, density scenarios, building heights, uses and development concepts are preliminary and subject to independent buyer investigation and approval by the City of Hayward and other applicable agencies. Buyer to verify zoning, density, incentives, utilities, access, parking, environmental conditions and all development feasibility.
| 6 days ago | Listing updated with changes from the MLS® | |
| 7 days ago | Status changed to Active | |
| 2 weeks ago | Listing first seen on site |
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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