1991 Bancroft Ave, San Leandro, CA, CA 94577
- $3,499,000
- List Price
- $3,499,000
- Status
- ACTIVE
- MLS#
- 41142988
- County
- Alameda
- Year Built
- 1955
- Square Feet
- 7,500
- Days on Market
- 2
- Property Type
- Multifamily
- Neighborhood
- Old San Leandro
Property Description
Outstanding six-unit mixed-use investment opportunity in a desirable San Leandro location. This fully occupied property features a diversified income stream with five residential units and one ground-floor commercial space. The residential mix includes three 2-bedroom/1-bath apartments, one 4-bedroom/2-bath unit, and a detached 3-bedroom/2-bath single-family residence fronting 584 Warren Avenue. The commercial space is occupied by an established business. Additional features include assigned off-street parking, coin-operated laundry, work shop and garage, separately metered tenant gas and electricity, and a prominent corner location. Conveniently situated near Downtown San Leandro, BART, shopping, dining, and major transportation routes. An excellent opportunity to acquire a strong-performing East Bay asset with residential and commercial income. Roof replacement 2024, some units remodeled and or upgraded.
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Additional Information
- Taxes
- $36,821
- Parcel Number
- 7757221
- Net Operating Income
- $203,209
- Lot Features
- Corner Lot
- Heat
- Forced Air, Wall Furnace
- Cooling
- Yes
- Exterior Construction
- Brick, Stucco
- Roof
- Shingle
Listing courtesy of Listing Agent: Harry Cordiano (FlatRateRealtyEastBay@gmail.com) from Listing Office: Flat Rate Realty.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.