1315 135th Ave, San Leandro, California 94578, San Leandro, 94578 - 0 bed, 0 bath
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San Leandro, California 94578
This Updated San Leandro Triplex is a high-quality Residential Income asset listed at $1,150,000, representing a stable acquisition near its $1,080,236 Fair Market Value. Boasting an Excellent Condition Rating, the property features a new roof, new windows, and two units fully renovated with shaker cabinetry and quartz countertops. With an efficient utility structure where tenants pay all expenses, the asset ensures strong net income. This turnkey property is a superior choice for Buy-and-Hold Investors or Owner-Occupants looking to house-hack in a quiet residential neighborhood.
Property is new construction or fully renovated.
Although built in 1949, the property has undergone a high-end renovation within the last 5 years. Two of the three units are completely updated with modern shaker cabinetry, quartz countertops, stainless steel appliances, and new LVP flooring. The exterior features a new roof and new windows, indicating no immediate maintenance is required.
The property features an exceptionally favorable utility structure where tenants pay for PGE, water, and garbage, significantly increasing the net operating income for the owner.
Major high-cost items have been addressed, including a brand new roof, new windows, and complete updates to two of the three units, reducing immediate maintenance requirements.
Located on a quiet residential street with a three-car carport and onsite common laundry, the property offers essential amenities that attract and retain long-term tenants.
Since only two of the three units are updated, the third unit likely requires additional capital investment to bring it up to the same standard and achieve maximum market rent.
Built in 1949, the property may have aging underlying systems such as plumbing or electrical that are typical of its era, potentially necessitating future upgrades despite recent cosmetic improvements.
UPDATED SAN LEANDRO TRIPLEX PERFECT FOR AN OWNER OCCUPANT OR PURE INVESTMENT, LOCATED ON A QUIET RESIDENTIAL STREET WITH A 3 CAR CARPORT, ONSITE COMMON LAUNDRY, NEW ROOF & WINDOWS + UPGRADED ELEC. PANELS......VERY LOW OPERATING EXPENSES AS TENANTS PAY PGE, WATER & GARBAGE EXPENSES. TWO OF THREE UNITS COMPLETELY UPDATED. CLOSE TO SHOPPING, MEDICAL & TRANSPORTATION. THIS TRIPLEX IS A MUST SEE.
No exterior & parking available.
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 | 2,039 | 1,899.5 | 50% |
| Lot Size | 5,967 | 5,483.5 | 50% |
| Price | $1.05M | $975.0K | 50% |
| Price per sq ft | $515 | $513 | 50% |
| Built year | 1949 | 1951 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 50 | 72 | 50% |
May 29, 2026
$1,050,000
$1,099,000
-4% Price Drop
Initial Listing
May 11, 2026
$1,099,000
$1,150,000
-4% Price Drop
Initial Listing
Apr 17, 2026
$1,150,000
Initial Listing
Nov 24, 2020
$800,000
Public Record
Aug 30, 2006
$660,000
Public Record