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22422 Rockaway Ln

0.91 Acres of Commercial Land in Hayward, CA 94541

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Investment Highlights

Approved for a four-story multiplex building, this land presents an exciting opportunity for development.
This development aims to meet the demand for market-rate housing in the area.
Quick access to Foothill Blvd, 238/580, and downtown Hayward's amenities.

First level is parking, upper 3 levels with 10 apartments each. Residences range from studios to 3 bed/3 bath, from 463 sf to 1524 sf.
Located at the corner of A St and Rockaway, this 0.91-acre vacant land offers a prime spot in the Heart of the Bay.

Executive Summary

[Note: this listing is unpriced. Offers welcome.] Located in the Heart of the Bay in Hayward, this 0.91-acre vacant land at the intersection of A St and Rockaway Lane presents an exciting development opportunity. With approval for a four-story multiplex building comprising 30 apartments ranging from studios to spacious 3 bed/3 bath units, the project addresses the city’s diverse housing needs. Featuring covered parking on the first level and residences on the upper levels, ranging from 463 sf to 1524 sf, this market-rate apartment complex complements new neighboring housing initiatives, including senior living and affordable housing developments. Its prime location grants quick and easy access to Foothill Blvd, 238/580, and downtown Hayward's array of amenities.

Offering Memorandum - 22422 Rockaway Lane V1

Property Facts

Sale Type	Investment	Proposed Use	Apartment Units
Sale Conditions	Redevelopment Project	Total Lot Size	0.91 AC
No. Lots	1	Cross Streets	A St
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Subtype	Commercial

Sale Type	Investment
Sale Conditions	Redevelopment Project
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Apartment Units
Total Lot Size	0.91 AC
Cross Streets	A St
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 Lot Available

Lot

Lot Size	0.91 AC

Lot Size	0.91 AC

This property contains two parcels: 415-230-78 with 0.79 acres and 415-230-79 with 0.12 acres. Zoning is CO (Commercial Office) and the General Plan is CHDR (Commercial/High-Density Residential).

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