1991 Bancroft Ave, San Leandro, CA 94577

$3,499,000
8,824
SqFt

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List Price
$3,499,000
Status
ACTIVE
MLS#
41142988
Year Built
1955
Property Type
5 Or More Units
Living Area
8,824
Lot Size
7,500
Acres
0.17
County
Alameda
Subdivision
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.

Additional Information

Appliances
Built-In Range, Refrigerator
Exterior
Brick, Masonry, Stucco
Fireplace
Yes
Flooring
Hardwood, Laminate, Tile, Carpet
Laundry Features
Coin Operated, Common Area, Laundry Room
Lot Description
Corner Lot, Rectangular Lot
Parking Features
Carports - 2 Or More, Detached, Off Site, Parking Lot, Alley Access, Uncovered Park Spaces 2+
Roof
Composition Shingles
Water Sewer
Public

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Calculator source: Real Geeks

Listing courtesy of Harry Cordiano from Flat Rate Realty. 510-506-8686

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