Property Details
About this Property
Listing is for both 1461 & 1475 150th Ave in San Leandro. 1461 & 1475 150th consists of 14 total units, comprised of two seven-unit buildings on separate parcels. The two-story structures were built in 1960 and offer tenants 12 covered parking spaces, 2 surface parking spaces as well as a community laundry room. The building has been well maintained during the current ownership’s hold period spanning more than three decades. A new owner can unlock significant upside by modernizing the already well-maintained building exterior and common areas as well as renovating units to a modern style finish on unit turnover. Cap Rate: 5.77% (8.21% Market) / GRM: 11.32 (8.77 Market). Cash on Cash estimated at 2.96% in Year 1 to grow to an estimated 17.00% over 10-year hold.
MLS Listing Information
MLS #
EB41058446
MLS Source
Bridge MLS
Days on Site
199
Interior Features
Flooring
Carpet - Wall to Wall, Vinyl
Laundry
Community Facility
Cooling
Ceiling Fan
Heating
Gas, Wall Furnace
Parking, School, and Other Information
Garage/Parking
Spaces per Unit - 1, Garage: Car(s)
Sewer
Public Sewer
Water
Public
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| – | – | – |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 600 | 1 | 0/0 | $2,000 | – | – |
| 2 | 735 | 2 | 0/0 | $2,300 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1461 150th Ave is a Residential Income in San Leandro, CA 94578. This 9,492 square foot property sits on a 0.35 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,200,000 and was built in 1960. This address can also be written as 1461 150th Ave, San Leandro, CA 94578.
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This listing information is up-to-date as of November 13, 2024. For the most current information, please contact Joseph Owens, (925) 808-9098
