Real Estate Agent · Bay Area, CA · Member since 2019 · 43 posts · 8 votes
Hello All,
I am new to BP as I have just started contemplating the idea of real estate investing. I still have my doubts on if the market is going in the next 3-4 yrs but it doesn't harm to get more information :)
Based on my personal experience, I've seen quite a few young couples moving to Hayward, CA working in the bay area recently. So, guessing if that is what the trend is going to be in the near future as well.
If any of you have insights into the city, could you please tell what areas/zip codes of Hayward are desirable if one is looking for an investment property? I know cash flow is always a challenge in/around the bay but I am ok if there are prospects of appreciation in the future.
Investor · Cupertino, CA · Member since 2012 · 118 posts · 121 votes
7y
I don't think you can go by zip codes as every zip code has good and not-so-good areas. As such 94542 is a great zip code within Hayward but if you limit yourself to that - you'd be missing out on the other 80% of good areas within Hayward :)
I'd say spend a weekend and go to as many open houses as you can go in Hayward. You will get a very good idea of which are good and which are not. There is no replacement to going and driving by the neighborhoods.
Good luck! (and don't take it for granted that you cannot cash flow buying in the bay!)
Real Estate Agent · Bay Area, CA · Member since 2019 · 43 posts · 8 votes
7y
@Sandeep S. thank you. I have been visiting Hayward for a few weeks now and am particularly interested in 94542 (around the university and up in the hills) and parts of 94541, closer to the BART station. However, just wanted to get some expert opinions here :)
Loan Officer · Tustin, CA · Member since 2015 · 3k+ posts · 713 votes
7y
Hayward has a fault line that runs through it so be careful when picking out property . There is county property in Hayward that is pro growth and so close to public transportation too. I hope this helps .