10419 San Leandro St, Oakland, California 94603, Oakland, 94603 - 0 bed, 0 bath
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Oakland, California 94603
This Residential Income Triplex presents a High-Potential Investment Opportunity with a List Price of $499,000—positioned well below the $513,322 Fair Market Value by 2%. This valuation offers $14,322 in Instant Equity for buyers ready to modernize an asset with a Poor Condition Rating. Featuring multi-unit income streams and convenient I-880 transit access, the property supports strong rental demand despite low local school ratings. This value-add project is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants targeting long-term growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10419 San Leandro St Subject | $499,000* List Price | 0 | 0 | 2,284 | $225 | - |
A 740 Tyler St Active | $400,000 List Price | 0 | 0 | 1,671 | $239 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1949, this 75-year-old triplex shows significant signs of deferred maintenance and aging infrastructure. Exterior images reveal stained and cracked stucco, outdated windows, and worn concrete surfaces. The listing explicitly notes 'aging infrastructure' as a weakness, and the absence of interior photos typically suggests that the kitchens, bathrooms, and major systems are outdated or in need of substantial rehabilitation to meet modern safety and quality standards.
As a triplex priced under $500,000, this property offers a rare entry-level investment opportunity in the Bay Area with three distinct income streams and significant long-term upside.
The property's strategic position near I-880 and major transit corridors ensures high tenant appeal and ease of access for residents commuting throughout the East Bay.
The configuration provides an excellent 'house-hacking' opportunity for an owner-occupant to live in one unit while utilizing the other two to offset mortgage costs.
The majority of local public schools carry ratings of 3 or lower, which may deter families and potentially limit the property's appreciation compared to areas with higher-performing districts.
Built in 1949, the property likely requires ongoing maintenance and potential capital improvements to modernize systems and maintain its competitive edge in the rental market.
Well-located triplex in East Oakland offering a strong opportunity for investors or owner-users. The property consists of three units totaling approximately 2,284 SF, providing multiple income streams and long-term upside potential. Situated along San Leandro Street with convenient access to I-880 and nearby transit, the location supports easy commuting and tenant appeal. The property offers functional layouts and on-site space for parking and everyday convenience. A solid addition to any investment portfolio in a steadily growing area.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.2 mi
Grades K-5 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,284 | 2,522.5 | 17% |
| Lot Size | 5,201 | 6,625 | 33% |
| Price | $499.0K | $732.5K | 33% |
| Price per sq ft | $218 | $275 | 33% |
| Built year | 1949 | 1952 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 35 | 174 | 17% |
Mar 18, 2026
$499,000
Initial Listing
Nov 30, 2023
$500,000
Public Record