
San Leandro, California 94578
This well-maintained quadruplex presents a Strong Value Opportunity, listed at $1,688,888—positioned above the $1,536,943 Fair Market Value by 9%. While the property requires modernization due to its Condition Rating of 4, it offers stable rental demand and a strategic location near major commute routes and San Leandro High School. This asset is ideal for Buy-and-Hold Investors seeking a reliable income stream or Value-Add Investors looking to modernize century-old infrastructure to maximize long-term rental yields and property appreciation.
Property is moderate renovation needed.
The property is 100 years old (built 1924) and, while described as well-maintained with stable income, it is clearly dated. The exterior shows signs of age including cracked concrete and older siding. Without evidence of a major renovation within the last 15-30 years, the kitchens, baths, and systems are likely functional but require modernization to meet current standards.
This well-maintained quadruplex offers strong, stable income and consistent rental demand, making it a robust and reliable addition to an investment portfolio.
Centrally located with easy access to major commute routes and public transportation, the property is highly desirable for tenants working throughout the Bay Area.
The property is situated within walking distance of San Leandro High School and Jefferson Elementary, significantly enhancing its appeal to families.
Built in 1924, the property may require more frequent maintenance or capital improvements to its century-old systems compared to modern constructions.
While proximity to schools is excellent, some assigned local schools have lower performance ratings, which may affect long-term tenant selection.
Prime San Leandro location. This well-maintained fourplex offers strong, stable income and consistent rental demand. Centrally located near shopping, schools, public transportation, and everyday conveniences. Easy access to major commute routes, making the property highly desirable for tenants. A solid investment opportunity in the heart of San Leandro.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 1.1 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 | 3,473 | 4,999 |
| Lot Size | 6,180 | 7,991 |
| Price | $1.69M | $1.09M |
| Price per sq ft | $486 | $344 |
| Built year | 1924 | 1975 |
| HOA | $0 | $0 |
| Days on market | 9 | 58 |
Jul 13, 2026
$1,688,888
Initial Listing
May 4, 2001
$511,000
Public Record