Property Overview:
24524 Mohr Dr is a multi-family home in Hayward, CA, built in 1927. It features 5 bedrooms, 4 bathrooms, and 3,064 sq. ft. of living space. The property sits on a 0.85-acre lot (approx. 36,892 sq. ft.) and includes a parking garage. Currently, it generates over $13,000 in passive monthly income and offers significant development potential (possible to build 12-14 townhouses or add up to 8 ADUs).
Neighborhood Highlights:
-
Crime Rate:
- Personal crime risk: 10.5% (lower than state average of 11.8%).
- Property crime risk: 13.5% (higher than state average of 10.8%).
-
Schools:
Nearby schools include Anthony W. Ochoa Middle, Eden Gardens Elementary, Eden Area Regional Occupational Program, and Alameda County Community.- State average SAT score: 975.
-
Job Market:
- 57.0% white-collar jobs, 43.0% blue-collar jobs.
- Unemployment rate: 4.2% (lower than state average of 4.7%).
-
Demographics:
- Community population: 25,998 (10.9% growth since 2000).
- 72.5% families with children.
- Largest age group: 25-34 years (14.62%); second largest: 45-54 years (14.39%).
-
Natural Disaster Risk:
- Low flood risk, low tornado risk, high earthquake risk.
-
Weather:
- Average temperature: 46.7°F (January), 78.9°F (July).
- Average rainfall: 20.5 inches/year.
- Average snowfall: 0.1 inches/year.
-
Cost of Living:
- Median household income: $69,646.
- Average annual spending: $53,887.
Property Features:
- Newly remodeled (2023) tiny studio available for short-term stays—ideal for budget-conscious visitors or house hunters.
- Private entrance and bathroom; kitchenette for light meal prep.
- Laundry area nearby (may not suit light sleepers).
- Flexible multi-family layout—great for maximizing rental income or future development.
- Massive lot with potential for lot split, ADUs, or townhouse development.
- Currently a strong income property with significant upside for investors or developers.
Location Benefits:
- Served by Hayward Unified School District.
- Commuter-friendly: Close to major highways and public transportation.
- Family-oriented community with a growing population.
- Prime investment opportunity in a desirable Hayward neighborhood.