1251 W Tennyson Rd

Rare 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.

Property Details

Location

Legal

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Provided By
Listed by Remy Fortier (#CCBE-206529262)
Listing Office: EXP Realty of California, Inc (#CCBE-SEXO01)