1150 W Winton Ave #229 · Hayward, CA 94545

$199,000

2 bd · 2.0 ba · 1,140 sqft · Manufactured · 25 Days on market

Built 1971 Est $277k · 28% under

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Why this score? — see what drove the B+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Livability +3.8/5.0
• Rent growth +3.2/5.0
• Schools +3.1/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to 1150 W Winton Ave #229, Hayward, a well-maintained home offering comfort, convenience, and great community amenities. Built in 1971, this spacious home features 2 bedrooms, 2 bathrooms, and approximately 1,140 sq ft of living space with fresh interior paint, newer laminate flooring, updated light fixtures, new bathroom mirrors, and a new water heater. The functional layout includes a bright living area, washer and dryer hookups, additional storage space, and 2 covered tandem carport parking spaces. Residents enjoy access to community amenities, including a clubhouse, pool, spa, car wash area, public laundry facilities, and ample guest parking. Conveniently located near shopping, dining, St. Rose Hospital, Chabot College, Southland Mall, Kennedy Park, and easy access to Highway 880 and 92 for commuters. Monthly space rent is approximately $851.03. Senior community requirements apply: At least one buyer/occupant must be 55 years old or older, and all other occupants must be at least 18 years old. A wonderful opportunity to enjoy affordable and comfortable living in the heart of Hayward. Property is virtually staged.

Key facts

• Built 1971
• Listed 25 days

Property features AI

Finance

• Other: Living on leased land within a managed park
• HOA & community: Community pool; Recreation room; Sauna / spa / hot tub; Car wash area

Exterior

• Parking: Carport (1 space); Assigned space number 229; Common parking area; Space available for rent ($852)
• Utilities: Public utilities; Community sewer/septic; Water: Other (see remarks)
• Home design: Property is a park home (manufactured/mobile home); Living area approximately 1,140
• Exterior features: Metal roof; Leased land (park home site); Community has pet number restrictions; Senior community (one resident 55+)

Interior

• Bedrooms: 2 bedrooms
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central forced air
• Interior features: Dining room in an L-shape; Central forced air heating

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath manufactured listed at $199k.

Deal economics

• At list price, monthly cash flow is $1k ($13k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $199k).
• Recommended offer: $196k (1.5% below list) — sets the bar for market timing.
• Cap rate 12.8% vs local median 2.1% in Hayward — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 75/100 on livability (#124 in CA, #4,294 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, employment A+, health & safety A+; Watch: schools D, crime F, cost of living F.
• Hayward Unified (urban): math 25% / reading 37% proficiency, ranked #935 of 1,400 in CA (top 67%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 61% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising (+2.6%/yr); 72 active listings in the ZIP; 22 comparable units currently listed for rent nearby; rentals leasing fast (median 7d on market — plan ~1-2 weeks tenant-placement turnaround); high-income renter base; 1,742 units permitted in Alameda County in 2024 (856 in 5+ unit buildings).
• This rent runs 32% of the median local income ($114k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
• Alameda County population projected at +34% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 2.6% rent growth), your $56k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 25 days — a 2% lower offer ($196k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 16y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Recommended offer $196,015 (1.5% below list)

Questions for the listing agent

1. Built in 1971 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.56% ✓
• Cap rate: 12.75%
• Cash-on-cash: 23.07%
• DSCR: 2.03
• GRM: 5.4

CMA / ARV

• ARV (on-the-fly): $277,020
• Comps found: 10

Show comp detail 10 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1150 W Winton Ave #229	0.00mi	2/2.0	1,140 (0%)	2mo	$177,000	$155	98
1200 W Winton #145	0.16mi	2/2.0	1,119 (-2%)	6mo	$300,000	$268	85
1200 W Winton Ave #81	0.15mi	2/2.0	1,080 (-5%)	0mo	$264,900	$245	84
1200 W Winton Ave #86	0.18mi	2/2.0	1,090 (-4%)	1mo	$280,000	$257	83
1200 W Winton #49	0.11mi	2/2.0	1,152 (+1%)	21mo	$280,000	$243	76
1200 W Winton Ave. #233 #233	0.12mi	2/2.0	1,120 (-2%)	21mo	$138,000	$123	74
1200 W Winton Ave #90	0.21mi	2/2.0	1,010 (-11%)	2mo	$265,000	$262	70
1200 W Winton Ave #224	0.12mi	2/2.0	1,000 (-12%)	6mo	$205,000	$205	69
1200 W Winton Ave #176	0.15mi	3/2.0 (+1)	1,040 (-9%)	16mo	$165,000	$159	60
1200 W Winton Ave #215	0.10mi	2/2.0	1,308 (+15%)	14mo	$297,500	$227	59

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 2.61% rent growth · sell at horizon

5-year hold

• IRR: 15.6%
• Equity multiple: 1.62×
• Total profit: $34,808
• Equity at exit: $29,672

10-year hold

• IRR: 24.0%
• Equity multiple: 3.04×
• Total profit: $113,414
• Equity at exit: $17,206

Cash invested: $55,720 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 18 Strongly Tenant-Friendly
• State California: 18 Strongly Tenant-Friendly · D+13
• County: — inherits STATE
• City: — inherits STATE

AB1482 statewide rent cap (10% + CPI). Cities (SF/LA/Berkeley) layer stricter rules. Just-cause statewide.

Methodology + full state rankings →

ZIP-level market 94545

• Rents YoY: 2.6%
• Active inventory: 72
• Price-to-rent: 5.4×

Monthly cashflow live

• Estimated rent: $3,097 high
• Mortgage (P&I): −$1,044
• Tax est. 1.5%: −$249 /mo · $2,985/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$650
• Net cashflow: $1,071

Break-even live

Break-even rent $1,741

Max offer price $199,000

Occupancy floor 60%

Sensitivity live

Price	-10% $1,209	-5% $1,140	+0% $1,071	+5% $1,002	+10% $934
Rent	-10% $826	-5% $949	+0% $1,071	+5% $1,193	+10% $1,316
Rate	-1.0pp $1,171	-0.5pp $1,122	base $1,071	+0.5pp $1,020	+1.0pp $967

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $49,750
• Closing costs: $5,970
• Reserves months: —
• Total cash needed: —

Rent comps 22 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
946 Hohener Ave Hayward, CA	3.0	2.0	1434	$3,600	$2.51	16d	1	0.65mi
25000 Copa del Oro Dr #201 Hayward, CA	2.0	2.0	855	$3,000	$3.51	45d	1	0.67mi
936 Lucia Ct Hayward, CA	3.0	1.0	1350	$2,875	$2.13	6d	1	0.80mi
22846 Nevada Rd Unit 22850 Hayward, CA	3.0	2.0	1247	$4,095	$3.28	0d	1	0.83mi
22846 Nevada Rd Unit 22846 Hayward, CA	3.0	2.0	1053	$3,795	$3.60	0d	1	0.83mi
22846 Nevada Rd Unit 22854 Hayward, CA	2.0	2.0	748	$3,195	$4.27	45d	1	0.83mi
22846 Nevada Rd Unit 22856 Hayward, CA	2.0	2.0	744	$3,995	$5.37	0d	1	0.83mi
694 Tehama Ave Hayward, CA	3.0	1.5	1136	$3,300	$2.90	0d	1	0.89mi
25800 Industrial Blvd Hayward, CA	1.0–2.0	1.0–2.0	820	$2,893	$3.53	0d	9	0.93mi
21600 Westpark St Hayward, CA	1.0	1.0	700	$1,795	$2.56	45d	1	1.00mi
1172 Huron Ln Hayward, CA	3.0	2.0	1290	$5,000	$3.88	23d	1	1.01mi
22211 S Garden Ave Hayward, CA	2.0	1.0	900	$2,145	$2.38	6d	2	1.04mi
22230 S Garden Ave Hayward, CA	2.0	1.0	700	$2,500	$3.57	6d	1	1.06mi
1256 Stanhope Ln Hayward, CA	1.0	1.0	748	$2,650	$3.54	45d	1	1.07mi
466 Mackenzie Pl Hayward, CA	3.0	2.0	1173	$3,900	$3.32	25d	1	1.14mi
22078 Arbor Ave Hayward Acres, CA	1.0–2.0	1.0	649	$2,140	$3.29	22d	1	1.25mi
24650 Amador St Hayward, CA	1.0–3.0	1.0–2.0	822	$2,788	$3.39	0d	15	1.26mi
21944 Arbor Ave Hayward, CA	2.0	1.0	800	$2,895	$3.62	45d	1	1.28mi
24660 Amador St Hayward, CA	1.0–2.0	1.0	625	$2,600	$4.16	0d	3	1.29mi
894 Blaine Way Unit ADU Hayward, CA	2.0	2.0	850	$2,700	$3.18	45d	1	1.36mi
280 Flint Ct Hayward Acres, CA	2.0	1.0	700	$2,250	$3.21	4d	1	1.36mi
1098 Azalea Ct Hayward, CA	3.0	2.5	1332	$3,500	$2.63	0d	1	1.45mi

Listing history 36 events

1. 2026-06-21
   days on market $199,000 Active 25 DOM
2. 2026-06-18
   days on market $199,000 Active 22 DOM
3. 2026-06-17
   days on market $199,000 Active 21 DOM
4. 2026-06-16
   days on market $199,000 Active 20 DOM
5. 2026-06-15
   days on market $199,000 Active 19 DOM
6. 2026-06-13
   days on market $199,000 Active 17 DOM
7. 2026-06-13
   days on market $199,000 Active 16 DOM
8. 2026-06-09
   days on market $199,000 Active 13 DOM
9. 2026-06-08
   days on market $199,000 Active 12 DOM
10. 2026-06-07
    days on market $199,000 Active 11 DOM
11. 2026-06-04
    days on market $199,000 Active 8 DOM
12. 2026-06-03
    days on market $199,000 Active 7 DOM
13. 2026-06-02
    days on market $199,000 Active 6 DOM
14. 2026-06-01
    days on market $199,000 Active 5 DOM
15. 2026-05-31
    days on market $199,000 Active 4 DOM
16. 2026-05-27
    listed $199,000 Active 1142-char remark

    Show marketing remark (1142 chars)

    Welcome to 1150 W Winton Ave #229, Hayward, a well-maintained home offering comfort, convenience, and great community amenities. Built in 1971, this spacious home features 2 bedrooms, 2 bathrooms, and approximately 1,140 sq ft of living space with fresh interior paint, newer laminate flooring, updated light fixtures, new bathroom mirrors, and a new water heater. The functional layout includes a bright living area, washer and dryer hookups, additional storage space, and 2 covered tandem carport parking spaces. Residents enjoy access to community amenities, including a clubhouse, pool, spa, car wash area, public laundry facilities, and ample guest parking. Conveniently located near shopping, dining, St. Rose Hospital, Chabot College, Southland Mall, Kennedy Park, and easy access to Highway 880 and 92 for commuters. Monthly space rent is approximately $851.03. Senior community requirements apply: At least one buyer/occupant must be 55 years old or older, and all other occupants must be at least 18 years old. A wonderful opportunity to enjoy affordable and comfortable living in the heart of Hayward. Property is virtually staged.

17. 2026-05-27
    listed $199,000 Active 1142-char remark

    Show marketing remark (1142 chars)

    Welcome to 1150 W Winton Ave #229, Hayward, a well-maintained home offering comfort, convenience, and great community amenities. Built in 1971, this spacious home features 2 bedrooms, 2 bathrooms, and approximately 1,140 sq ft of living space with fresh interior paint, newer laminate flooring, updated light fixtures, new bathroom mirrors, and a new water heater. The functional layout includes a bright living area, washer and dryer hookups, additional storage space, and 2 covered tandem carport parking spaces. Residents enjoy access to community amenities, including a clubhouse, pool, spa, car wash area, public laundry facilities, and ample guest parking. Conveniently located near shopping, dining, St. Rose Hospital, Chabot College, Southland Mall, Kennedy Park, and easy access to Highway 880 and 92 for commuters. Monthly space rent is approximately $851.03. Senior community requirements apply: At least one buyer/occupant must be 55 years old or older, and all other occupants must be at least 18 years old. A wonderful opportunity to enjoy affordable and comfortable living in the heart of Hayward. Property is virtually staged.

18. 2026-04-16
    soldstatus $177,000 Closed 542-char remark

    Show marketing remark (542 chars)

    Nice size living room and separate dining area with built in hutch. Kitchen with laminate counters, breakfast bar, newer cooktop, microwave, & refrigerator. Pantry closet. Indoor laundry with storage & washer/dryer. Hall bath with single sink & tub shower. Primary bedroom with walk in closet. Primary bath with single sink and stall shower. Newer laminate flooring. Usable side porch, storage shed, carport, and short walk to clubhouse and pool area. Close to Southland mall, restaurants, Hwy 880, & San Mateo bridge.

19. 2026-03-18
    status Pending 542-char remark

    Show marketing remark (542 chars)

    Nice size living room and separate dining area with built in hutch. Kitchen with laminate counters, breakfast bar, newer cooktop, microwave, & refrigerator. Pantry closet. Indoor laundry with storage & washer/dryer. Hall bath with single sink & tub shower. Primary bedroom with walk in closet. Primary bath with single sink and stall shower. Newer laminate flooring. Usable side porch, storage shed, carport, and short walk to clubhouse and pool area. Close to Southland mall, restaurants, Hwy 880, & San Mateo bridge.

20. 2026-03-13
    listed $175,000 Active 542-char remark

    Show marketing remark (542 chars)

    Nice size living room and separate dining area with built in hutch. Kitchen with laminate counters, breakfast bar, newer cooktop, microwave, & refrigerator. Pantry closet. Indoor laundry with storage & washer/dryer. Hall bath with single sink & tub shower. Primary bedroom with walk in closet. Primary bath with single sink and stall shower. Newer laminate flooring. Usable side porch, storage shed, carport, and short walk to clubhouse and pool area. Close to Southland mall, restaurants, Hwy 880, & San Mateo bridge.

21. 2023-09-27
    status Pending
22. 2023-08-30
    soldstatus $200,000 Closed
23. 2023-07-25
    status Pending
24. 2023-07-17
    listed $199,000 New
25. 2015-04-08
    historical
26. 2015-04-07
    soldstatus $49,950 Sold
27. 2015-03-22
    status Pending
28. 2015-03-18
    listed $49,950 New
29. 2012-07-31
    soldstatus $40,000 Sold
30. 2012-06-20
    status Pending
31. 2012-05-04
    price $42,950 Price Change
32. 2012-02-02
    price $44,950 Price Change
33. 2012-01-27
    price $46,950 Price Change
34. 2011-07-20
    listed $49,950 New
35. 2010-09-17
    historical
36. 2010-06-23
    listed New

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥88°F today · 13 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 7/10 Severe 12 unhealthy d/yr today · 12 by 30 yrs out

Taxation est. · year 1

• Rental income: $37,160
• − Mortgage interest: −$11,147
• − Property taxes: −$2,985
• − Insurance: −$995
• − Repairs & maintenance: −$2,973
• − Management: −$2,973
• − Depreciation: −$5,789
• Taxable income: $10,298
• Est. tax owed @ 24.0%: −$2,471
• After-tax cash flow: $10,382/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Hayward Unified
• NCES district ID: 0616740
• Math proficiency: 25% ▼ -1.00%
• Reading proficiency: 37% ▬ 0.00%
• Median HH income: $65,326
• Composite: 31.27/100
• National rank: #11241
• State rank: #935 of 1400 in CA

Livability — Hayward

• Score: 75/100
• State rank: #124
• US rank: #4294

Category grades

Amenities A Commute A+ Cost of living F Crime F Employment A+ Housing B Health & safety A+ User ratings B+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Hayward, CA
• County: Alameda County · 1,614,355 people
• City population: 191,800
• Metro: San Francisco-Oakland-Berkeley, CA
• Population (ZIP): 32,843
• Household income: $114,356
• Rent vs Own: 28.9% rent · 71.1% own
• Severe rent burden: 702.0

Population outlook (Alameda County) Hauer SSP2

• Today (2025): 1,928,884 people
• By 2030: 2,069,146 · +7.3%
• By 2040: 2,338,405 · +21.2%
• By 2050: 2,586,608 · +34.1%
• By 2075: 3,061,911 · +58.7%
• By 2100: 3,234,133 · +67.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.69)
• Race & ethnicity: Asian 42% Hispanic / Latino 35% Two or more races 12% White 10% Black 8% Native American 1% Pacific Islander 1%
• Hispanic origin (detail): Mexican 25%
• Common ancestry: Italian 1% Russian 1% Romanian 1%
• Foreign-born: 43% · Canada, China, Vietnam
• Languages at home: 39% English-only · Spanish 26% Tagalog/Filipino 14% Chinese 7%

Political lean MEDSL · Alameda

• 2024 margin: Solid D (+53.6) · D 74.6% · R 21.0% · Other 4.4%
• 2008→2024 swing: -5.9pp toward R · 2008: 59.5pp · 2024: 53.6pp
• All cycles: 2024: D+53.6 2020: D+62.5 2016: D+64.4 2012: D+59.8 2008: D+59.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -974.17%
• Current HPI: 304.698
• Rent YoY: ▲ 2.61%
• Metro: San Francisco-Oakland-Berkeley, CA
• State GDP YoY: ▲ 3.21%
• F500 in state: 116

Industry mix (Fortune 500 HQ in CA)

Industry	F500 HQs	Revenue
▸Technology	27	$1,492B
▸Financial Services	3	$174B
▸Retail	3	$44B
▸Insurance	3	$26B
▸Media / Entertainment	2	$115B
▸Pharmaceuticals / Biotech	2	$62B

Price history

+298.4% since first listed

21 events — show timeline

• 2026-05-27 Listed $199,000 MLSListings
• 2026-05-27 Listed $199,000 bridgeMLS, Bay East AOR, or Contra Costa AOR
• 2026-04-16 Sold (MLS) $177,000 bridgeMLS, Bay East AOR, or Contra Costa AOR
• 2026-03-18 Pending — bridgeMLS, Bay East AOR, or Contra Costa AOR
• 2026-03-13 Listed $175,000 bridgeMLS, Bay East AOR, or Contra Costa AOR
• 2023-09-27 Pending — bridgeMLS, Bay East AOR, or Contra Costa AOR
• 2023-08-30 Sold (MLS) $200,000 bridgeMLS, Bay East AOR, or Contra Costa AOR
• 2023-07-25 Pending — bridgeMLS, Bay East AOR, or Contra Costa AOR
• 2023-07-17 Listed $199,000 bridgeMLS, Bay East AOR, or Contra Costa AOR
• 2015-04-08 Listing Removed — bridgeMLS, Bay East AOR, or Contra Costa AOR
• 2015-04-07 Sold (MLS) $49,950 bridgeMLS, Bay East AOR, or Contra Costa AOR
• 2015-03-22 Pending — bridgeMLS, Bay East AOR, or Contra Costa AOR
• 2015-03-18 Listed $49,950 bridgeMLS, Bay East AOR, or Contra Costa AOR
• 2012-07-31 Sold (MLS) $40,000 bridgeMLS, Bay East AOR, or Contra Costa AOR
• 2012-06-20 Pending — bridgeMLS, Bay East AOR, or Contra Costa AOR
• 2012-05-04 Price Changed $42,950 bridgeMLS, Bay East AOR, or Contra Costa AOR
• 2012-02-02 Price Changed $44,950 bridgeMLS, Bay East AOR, or Contra Costa AOR
• 2012-01-27 Price Changed $46,950 bridgeMLS, Bay East AOR, or Contra Costa AOR
• 2011-07-20 Listed $49,950 bridgeMLS, Bay East AOR, or Contra Costa AOR
• 2010-09-17 Listing Removed — bridgeMLS, Bay East AOR, or Contra Costa AOR
• 2010-06-23 Listed — bridgeMLS, Bay East AOR, or Contra Costa AOR