1345 145th Avenue, San Leandro, California 94578, San Leandro, 94578 - 0 bed, 0 bath
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San Leandro, California 94578
This Residential Income Duplex presents a High-Potential Investment Opportunity, listed at $838,000—positioned well above the $733,485 Fair Market Value by 14%. While priced at a premium, the property features Separate Utility Metering and a Condition Rating of 3, ensuring immediate operational efficiency. Its strategic location near BART and Highway 880 supports a historically low vacancy rate. This asset is a stable, dual-stream revenue generator, making it an ideal acquisition for Buy-and-Hold Investors or Portfolio Builders seeking predictable East Bay cash flow.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1345 145th Avenue Subject | $838,000* List Price | 0 | 0 | 1,427 | $514 | - |
A 15289 15289 Upton Ave Sold | $900,000 | 0 | 0 | 1,760 | $511 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1914, the property is described as a turnkey duplex with 'completely optimized' interiors, including laminate flooring and solid cabinetry. The presence of fully separate meters for PG&E and water suggests updated systems, and the exterior appears well-maintained and move-in ready.
The property features fully separate meters for both PG&E and water for each unit, significantly reducing owner operating expenses by shifting utility burdens directly to tenants.
Situated with exceptionally fast access to BART, Highway 880, and major employment hubs, this location ensures a historically low vacancy rate and high tenant demand.
Configured as two distinct, separately addressed units on a large lot, the property can be delivered vacant, allowing for immediate market-rate stabilization and optimized cash flow.
Built in 1914, the property's age may require more frequent maintenance and potential capital expenditures for aging infrastructure compared to modern builds.
The assigned middle school carries a very low rating of 1, which may deter long-term family tenants and impact the property's appeal to a broader demographic.
A unique, high-flexibility property that offers the perfect blend of comfortable single-family living, passive income, and future growth. Situated on an expansive 6,250 square foot lot, this property is a dream come true for buyers looking to smart-size their monthly housing costs or accommodate extended family. The Main Home (Unit 1): A bright and inviting 2 Bedroom, 1 Bathroom layout complete with a detached garage and dedicated laundry area. Perfect for your primary residence. The In-Law Suite / Rental Unit (Unit 2): A completely separate, self-contained 1 Bedroom, 1 Bathroom unit with its own private entrance and address. LIVE IN ONE, RENT THE OTHER: Offset a massive portion of your monthly mortgage payment by renting out the second unit! Whether you house an aging parent, give adult children their own independent space, or bring in a reliable tenant to subsidize your living expenses, the financial flexibility here is unmatched. ROOM TO GROW & EXPAND: Concerned about square footage? Don't be. With a massive, flat lot on a 6,250 sq ft lot, this property is prime for expansion. You have more than enough room to easily extend the footprint of the home, build a luxurious master suite, or design an expansive California Room/Sunroom for ultimate indoor-outdoor living.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 1.0 mi
Grades K-5 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,427 | 4,999 |
| Lot Size | 6,250 | 7,991 |
| Price | $838.0K | $1.09M |
| Price per sq ft | $587 | $344 |
| Built year | 1914 | 1975 |
| HOA | $0 | $0 |
| Days on market | 10 | 58 |
Jul 12, 2026
$838,000
Initial Listing
Aug 28, 2023
$740,500
Public Record