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21492 Montgomery Ave, Hayward, CA, 94541

7beds
2baths
1,908sqft
$1,200,000
$629price/sqft
$8,003/moest. monthly cost
$320,120/yrincome needed

About This Home

Potential Vacant Possession Opportunity on Main House! Introducing a rare duplex compound situated on a massive third of an acre parcel (14,690 sq. ft.) in the Cherryland neighborhood of unincorporated Alameda County. Superbly located under half a mile to the Hayward BART station, this transit-oriented property features two fully detached single-family homes on one legal lotboth boasting newer roofs and separate gas and electric meters (only water is shared).The primary residence (21492 Montgomery Ave) is a spacious 3-bedroom, 1-bathroom home spanning 1,215 sq. ft. The secondary detached residence (938 Grove Way) features a functional 2-bedroom, 1-bathroom layout across 770 sq. ft. Both detached homes showcase functional floor plans, wood flooring, tile kitchen flooring, durable granite countertops, open-concept living/dining areas, and convenient indoor washer/dryer hookups.Both properties are currently occupied by cooperative tenants on month-to-month leases. The small house at 938 Grove Way is being sold as an active ongoing rental. For the main house, the seller has previously held informal move-out discussions with the tenant and is prepared to re-engage regarding formal move-out terms upon offer submission. This includes considering a 90-day post-closing rent-bank credit at closing. This potential path to vacant possession opens the door for both owner-occupants looking for a primary residence and savvy investors seeking flexible project timelines. Interested buyers are advised to include main house move-out terms as an explicit condition of their offer to initiate these formal discussions.The expansive lot footprint and local zoning provide a solid canvas for qualified buyers to explore potential development pathways. This includes a traditional minor subdivision / parcel map split to create two independent legal lots, subject to County approval. Alternatively, buyers can leverage progressive California ADU legislation to explore building up to two additional detached ADUs for long-term density expansion. The prime location under a half-mile to BART triggers powerful state exemptions, entirely eliminating standard off-street parking replacement mandates for future footprints.Property is sold strictly in its present as-is condition. Full pre-sale inspection reports and complete disclosure packages have been finalized and are available through your real estate agent for immediate review. Offers will be reviewed as received!

Getting Around

71
WalkingVery Walkable
40
TransitSome Transit
49
BikeSomewhat Bikeable

Schools

3/10
4/10
Bret Harte Middle SchoolGrades 7-81.2 mi
5/10
Hayward High SchoolGrades 9-121.6 mi

Construction

Condition

  • Property condition: Original,Updated/Remodeled
  • Year built: 1926

Materials

  • Foundation: Combination,Piling

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Interior

Appliances

  • Appliances included: Disposal,Free-Standing Gas Range,Gas Cooktop,Gas Water Heater,Microwave,Varies By Unit
  • Laundry features: In Unit,Washer/Dryer Hookups

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Carpet,Simulated Wood,Tile,Wood

Heating

  • Heating features: Other

Interior Area

  • Total structure area: 1,908
  • Total interior livable area: 1,908 sqft

Property

Details

  • Parcel number: 4140076058
  • Zoning: SFR two or more on one parcel
  • Special condition: Offer As Is,Trust,Other

Features

  • Levels: One
  • Stories: 1
  • Fencing: Fenced
  • Has view: Yes
  • View description: City Lights
  • Topography of land: Level

Lot

  • Lot size: 0.34 Acres
  • Features: Corner Lot,Curb(s),Garden,Landscape Front,Sidewalk

Parking

  • Total spaces: 4
  • Parking features: None

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Inland Flooding

FEMA Declared Disasters in Alameda County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Straight Line Winds
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $6,067$72,804
Home Insurance *$230$2,760
Property Taxes $1,297$15,564
Electricity $409$4,909
Total$8,003$96,036
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$274,388/yr
40% on housing$240,090/yr
45% on housing$213,413/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.9%
6.9%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 2.0%
2.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$629This listing

vs Other Active Listings

Avg $/sqft

ZIP 94541$410
Alameda County$497

vs Homes Sold Last Month

Median $/sqft

ZIP 94541$600
Alameda County$664

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-03Listed for sale$1,200,000
2026-05-07Listing removed$1,299,888
2026-02-21Listed for sale$1,299,888
2006-03-28Sold$635,000

For Sale by Agent

AgentHector H. Rosas
BrokerageNOVO

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