1118 Lucille St, San Leandro, California 94577, San Leandro, 94577 - 2 bed, 2 bath
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San Leandro, California 94577
This property presents a High-Potential Investment Opportunity with a List Price of $719,000—positioned well below the $748,375 Fair Market Value by 3%. This valuation gap offers $29,375 in Instant Equity for buyers. Featuring a Fair Condition Rating, the home includes an enlarged kitchen, central HVAC, and a large lot with an exterior building suitable for an ADU. While school ratings are modest, the property offers significant value-add potential. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1118 Lucille St Subject | $719,000* List Price | 2 | 2 | 1,327 | $564 | - |
A 1114 1114 Arthur Ave Sold | $799,000 | 4 | 2 | 1,422 | $562 | 0.2 mi |
B 1028 Lucille St Sold | $600,000 | 2 | 1 | 993 | $604 | 0.0 mi |
C 1805 1805 Sundberg Ave Sold | $720,000 | 3 | 1 | 1,092 | $659 | 0.8 mi |
D 350 Cherrywood Ave Sold | $802,000 | 3 | 2 | 1,327 | $604 | 0.4 mi |
E 359 Parrott St Sold | $670,000 | 2 | 1 | 1,132 | $592 | 0.7 mi |
F 209 Arroyo Ave Sold | $612,000 | 2 | 2 | 1,512 | $405 | 0.6 mi |
G 277 W Juana Ave Sold | $855,000 | 3 | 2 | 1,578 | $542 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1946, the home features a kitchen remodel and HVAC/window upgrades that appear to be 15-20 years old. While the kitchen is functional, the property shows signs of deferred maintenance such as heavily stained carpeting and dated utility areas, fitting the criteria for needing minor repairs and updates.
The home boasts significant updates including an enlarged remodeled kitchen, a second bathroom, and a family room addition, blending modern functionality with charming original hardwood floors and built-ins.
Essential modern comforts such as central heating and air conditioning, along with dual-pane windows, have been installed, providing energy efficiency and climate control rarely found in 1940s-era homes.
The generous 6,710 sqft lot features an extra-large yard and a detached exterior building, offering excellent potential for a workshop, storage, or a future ADU conversion.
While the family room offers potential as a third bedroom, the current two-bedroom configuration may limit appeal for larger families or buyers requiring more defined sleeping quarters.
The property is served by local schools with lower performance ratings, which could be a drawback for families prioritizing high-ranking educational districts.
Welcome home... Featuring a cozy 2 bedroom 2 bathroom home that has been partially updated with 2nd bathroom, enlarged remodeled kitchen, and family room addition (possible 3rd Bedroom), central heat and air conditioning, dual pane windows, etc... Original features are built in cabinets in formal dining room, beautiful HWF's, Fireplace, spacious bedrooms, and an extra large yard with exterior building...
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.7 mi
Grades 6-8 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,327 | 1,429 |
| Lot Size | 6,710 | 5,130 |
| Price | $719.0K | $880.0K |
| Price per sq ft | $542 | $645 |
| Built year | 1946 | 1947 |
| HOA | $0 | $152 |
| Days on market | 8 | 36 |
Jul 14, 2026
$719,000
Initial Listing
Dec 19, 1994
$142,000
Public Record