$3,600,000
1461 150th Ave, San Leandro 94578
15,200
Lot Size
14
# Of Units
Listing Agent
Joseph Owens - Marcus & MillichapListing 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. Market Cap Rate: 7.16% / Market GRM: 9.87.
Facts & Features
| MLS® # | 41058446 |
|---|---|
| Price | $3,600,000 |
| Bathrooms | 0.00 |
| Lot Size | 15,200 |
| Year Built | 1960 |
| Type | Residential Income |
| Status | Active |
| # Of Units | 14 |
Community Information
| Address | 1461 150th Ave |
|---|---|
| Subdivision | NORTH BAL |
| City | San Leandro |
| County | Alameda |
| Zip Code | 94578 |
Amenities
| Parking Spaces | 14 |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Gas Water Heater |
|---|---|
| Heating | Natural Gas, Wall Furnace |
| Has Basement | No |
| Fireplace | No |
Exterior
| Exterior | Stucco, Wood Siding, Brick Veneer |
|---|---|
| Construction | Stucco, Wood Siding, Brick Veneer |
Additional Information
| Date Listed | May 3rd, 2024 |
|---|---|
| Days on Market | 16 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Joseph Owens |
|---|---|
| Office | Marcus & Millichap |