Rare mixed-use residential and commercial mixed-use investment with excellent cash flow potential. The current cap rate is 8.93% and the current GRM is 8.3. The property was originally built in 1933, offers approximately 3,187 square feet of rental space, and sits on a 5,500 square foot lot with ample room for parking. The unit mix offers one 2bd/1bth unit, one studio unit, one retail unit, and a large 2,000 square foot warehouse. The property is easy to manage and separately metered for PG&E providing for low annual operating expenses. The retail unit, warehouse, and studio unit will all be delivered vacant at closing providing a perfect opportunity for an investor or owner-user. The location is conveniently located near Downtown Oakland, Lake Merritt, BART, Fruitvale Public Market, and has easy access to HWY880. There are countless restaurants and shopping options nearby making this a desirable location for tenants.
MLS #
MR41081278
MLS Source
Bridge MLS
Days on Site
81
Appliances
Other
Flooring
Other
Cooling
Other
Heating
Other
Roof
Other
Garage/Parking
Other, Garage: Car(s)
Sewer
Public Sewer
Water
Public
Complex Amenities
Other
Schools | Type | Grades | Distance | Rating |
---|---|---|---|---|
Epic Charter | public | 6-8 | 0.45 mi | N/A |
Urban Promise Academy | public | 6-8 | 0.60 mi | |
International Community School | public | K-5 | 0.61 mi | |
Think College Now School | public | K-5 | 0.61 mi | |
Global Family School | public | K-5 | 0.77 mi | |
Fremont High | public | 9-12 | 0.79 mi | |
Edison Elementary School | public | K-5 | 0.84 mi | |
Life Academy | public | 6-12 | 0.88 mi | |
United For Success Academy | public | 6-8 | 0.88 mi | |
Bridges Academy at Melrose | public | K-5 | 0.93 mi | |
Horace Mann Elementary School | public | K-5 | 1.13 mi | |
Garfield Elementary School | public | K-5 | 1.14 mi | |
Manzanita Community | public | K-5 | 1.30 mi | |
Manzanita Seed | public | K-5 | 1.30 mi | |
Roosevelt Middle School | public | 6-8 | 1.39 mi | |
Allendale Elementary School | public | K-5 | 1.46 mi | |
Lincoln Middle School | public | 6-8 | 1.48 mi | |
Melrose Leadership Academy | public | K-8 | 1.49 mi | |
Love Elementary School | public | TK,KG,1,2,3,4,5 | 1.52 mi | |
Frank Otis Elementary School | public | K-5 | 1.56 mi |
3617 San Leandro St is a Residential Income in Oakland, CA 94601-3445. This 3,187 square foot property sits on a 5,500 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $595,000 and was built in 1933.
This address can also be written as 3617 San Leandro St, Oakland, CA 94601-3445.©2025 Bridge MLS. 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 Bridge MLS.
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This listing information is up-to-date as of March 24, 2025. For the most current information, please contact David Howarth, (510) 822-1331