1315 135th Ave, San Leandro, California 94578, San Leandro, 94578 - 0 bed, 0 bath
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San Leandro, California 94578
This Turnkey Residential Income Triplex is listed at $1,150,000, representing a stable and well-positioned asset aligned with its $1,113,631 Fair Market Value. The property maintains an Excellent Condition Rating following a comprehensive renovation that includes modern shaker-style kitchens, stainless steel appliances, and a new roof. Investors benefit from low operating expenses as tenants pay for all utilities, while the quiet residential location ensures high rental demand. This versatile property is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants looking to leverage a high-quality "house-hack" opportunity in San Leandro.
Property is new construction or fully renovated.
While built in 1949, the property has undergone a comprehensive recent renovation (likely <5 years) as evidenced by the modern shaker-style kitchens, stainless steel appliances, new LVP flooring, and fresh interior paint. The listing also confirms significant system updates including a new roof and new windows.
The property features an attractive utility structure where tenants pay for PG&E, water, and garbage, significantly reducing the owner's overhead and maximizing net operating income.
Major recent upgrades including a new roof, new windows, and two completely remodeled units minimize immediate capital expenditure requirements for the buyer.
Located on a quiet residential street with a 3-car carport and onsite laundry, this triplex is perfectly suited for either a pure investment play or an owner-occupant looking to house-hack.
Since only two of the three units are updated, the buyer will likely need to budget for future renovations on the third unit to achieve parity and full market rent.
Built in 1949, the property may possess aging underlying systems typical of its era that could require more maintenance than a modern construction despite recent surface-level updates.
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 + CARPORT PARKING......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 | 2,720 | 50% |
| Lot Size | 5,967 | 7,220 | 50% |
| Price | $1.15M | $1.20M | 50% |
| Price per sq ft | $564 | $466 | 50% |
| Built year | 1949 | 1957 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 92 | 50% |
Apr 17, 2026
$1,150,000
Initial Listing
Nov 24, 2020
$800,000
Public Record
Aug 30, 2006
$660,000
Public Record