---
listing_id: ML82058503
status: Active
price: 898888
beds: 0
baths_full: 0
baths_half: 0
sqft_living: 1618
sqft_lot: 6038
lot_acres: 
year_built: 1947
property_type: Residential Income
property_subtype: Duplex
address: "1940 Placer Dr"
city: San Leandro
state: CA
zip: 94578
county: "Alameda County"
lat: 37.713871
lng: -122.128026
days_on_market: 7
hoa_fee: 
hoa_frequency: 
garage_spaces: 0
list_agent: "Pat Kapowich"
list_office: "Kapowich Real Estate"
list_agent_phone: "(408) 245-7700"
list_agent_license: 00979413
mls_source: MLSL
modified: 2026-08-27
transaction_type: buy
---

Home | Alameda County | San Leandro | 94578 | 1940 Placer Dr

1940 Placer Dr, San Leandro, CA 94578

MLS: ML82058503 | Status: Active | Price: $898,888
Beds/Baths: – / –
Property Type: Residential Income

Quick Facts

Beds Baths Sq Ft Sq Ft Lot Yr Built
1,618 6,038 1947

Upcoming Open Houses

Date Time Hosted By
Thursday, August 27 11:30 am - 1:30 pm Pat Kapowich
Saturday, August 29 1:30 pm - 4:30 pm Pat Kapowich
Sunday, August 30 1:30 pm - 4:30 pm Pat Kapowich

Remarks

Rare duplex opportunity in San Leandro's heights of the Hillcrest Knolls neighborhood, with sweeping bay views from each unit, including views of the SF Peninsula. This income-producing property features two distinct units with separate postal addresses and individually metered gas and electricity, ideal for an owner-occupant looking to offset their mortgage with rental income, or a strong addition to any investment portfolio. Unit #1942 is a 1-bedroom, 1-bathroom with in-unit laundry, perfect for owner-occupancy or premium market-rate rental. Unit #1940 is a spacious 2-bedroom, 1-bathroom occupied by a long-term tenant providing immediate rental income. Dedicated off-street parking behind the duplex for 6 vehicles. Excellent commute location near major routes, shopping, and dining. Pre-sale inspections and disclosures available; see documentation link. A rare chance to own a versatile, view-rich duplex in one of San Leandro's hillside locations, just minutes from downtown Castro Valley.

MLS Listing Information

Field Value
MLS # ML82058503
MLS Source MLSListings, Inc.
Days on Site 7

Features

Interior Features

Feature Details
Appliances Oven Range - Gas, Refrigerator, Washer/Dryer - Some Units
Flooring Carpet, Laminate, Tile, Vinyl/Linoleum
Laundry Hookups Only
Cooling None
Heating Gas, Wall Furnace

Exterior Features

Feature Details
Roof Composition, Rolled/Hot Mop, Shingle
Foundation Combination, Crawl Space

Parking, School, and Other Information

Feature Details
Garage/Parking Assigned Spaces, Common Parking Area, Guest / Visitor Parking, Off-Street Parking, On Street, Parking Area, Garage: 0 Car(s)
Elementary District San Leandro Unified
High School District San Leandro Unified
Sewer Public Sewer
Water Public
Zoning R1-

Contact Information

Pat Kapowich
Kapowich Real Estate
License #: 00979413
Phone: (408) 245-7700

Property Units

# Buildings # Leased Units # Total Units
1 1 2

Unit Details

Unit # Sq Ft Beds Baths Rent
1 952 2 1/0
2 667 1 1/0

School Ratings

School data provided by GreatSchools.org

Nearby Schools

School Type Grades Distance Rating
Jefferson Elementary School public K-5 0.46 mi 5
Alameda County Juvenile Hall/Court public K-12 0.56 mi N/A
San Leandro Virtual Academy public K-12 0.69 mi 5
San Leandro High School public 9-12 0.84 mi 4
Hillside Elementary School public K-5 1.04 mi 2
McKinley Elementary School public K-5 1.11 mi 5
Edendale Middle School public 6-8 1.37 mi 1
Monroe Elementary School public K-5 1.41 mi 5
Bancroft Middle School public 6-8 1.43 mi 4
Hesperian Elementary School public K-5 1.45 mi 2
Corvallis Elementary School public K-5 1.71 mi 4
Roosevelt Elementary School public K-5 1.81 mi 8
East Bay Arts High School public 9-12 1.83 mi 3
San Lorenzo High School public 9-12 1.83 mi 3
Roy A. Johnson High School public 9-12 1.97 mi N/A
Castro Valley Virtual Academy public K-12 1.97 mi 5
Redwood Continuation High School public 9-12 1.97 mi 2
Washington Elementary School public K-5 2.06 mi 7
Stanton Elementary School public K-5 2.07 mi 6
Wilson Elementary School public K-5 2.11 mi 4

Nearby Homes

Address Price Beds Baths Sq Ft Status
15291 Central Ave $819,000 1,760 Active

Disclosures

©2026 MLSListings Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.

Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.

This listing information is up-to-date as of August 27, 2026. For the most current information, please contact Pat Kapowich, (408) 245-7700.