1510 165th Ave, San Leandro, California 94578, San Leandro, 94578 - bed, bath
1510 165th Ave
San Leandro, California 94578
Property Price
SUMMARY
Analysis of 1510 165th Ave, San Leandro, California 94578 is currently available with a list price of $1,150,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the San Leandro Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1945, this property shows significant signs of age and dated features. The kitchen has older wood cabinets, laminate countertops, and white appliances that are clearly not modern. The bathroom features an outdated vanity, a basic toilet, and a very dated sliding glass shower enclosure. Interior photos reveal worn carpets and scuffed walls, indicating a need for cosmetic updates throughout. While the property appears functional and 'well-maintained' as described, it requires substantial cosmetic renovations to meet current standards and likely major system updates due to its age, aligning with the 'Fair' condition criteria.
PROSSTRENGTHS & OPPORTUNITIES
- High Rental Income & Investment Potential
The property is explicitly marketed as an investment opportunity, yielding over $90,000 of rental income annually with 'exceptional annual percentage returns', making it highly attractive for investors.
- Triplex Configuration
As a triplex, it offers multiple income streams and flexibility, allowing for owner-occupancy in the vacant unit or maximizing rental income from all three units.
- Strategic Freeway Access
Its ideal situation close to both the 238 and 580 freeways provides excellent convenience and accessibility, a key factor for tenant appeal.
CONSRISKS & DEFICIENCIES
- Property Age
Built in 1945, the property's age suggests potential for older systems (plumbing, electrical, HVAC) and the need for future capital expenditures for updates or major maintenance, despite being described as 'well-maintained'.
- Recent Price Reduction
The listing price has been reduced from $1,180,000 to $1,150,000, which could indicate a lack of strong initial buyer interest or a need to adjust to market expectations.
- Limited Unit-Specific Details
The description lacks specific information regarding the individual units, such as the number of bedrooms/bathrooms per unit or their interior condition, which can hinder a comprehensive investor assessment without further inquiry.
About 1510 165th Ave
Elevate your investment portfolio with this stunning property boasting exceptional annual percentage returns. This well-maintained triplex offers ample parking and is ideally situated close to both the 238 and 580 freeways, providing the perfect blend of convenience and tranquility. Whether you choose to reside in the vacant front unit or rent it out for additional income, the possibilities are endless. The property also includes a spacious plot and storage room. This investment opportunity yields over $90,000 of rental income annually. All of this can be yours for just $1,150,000.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1945
- Lot Size
- 8,799 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | - | - | 50% |
| Lot Size | 8,799 | 8,636 | 50% |
| Price | $1.15M | $1.20M | 50% |
| Price per sq ft | $0 | $0 | 50% |
| Built year | 1945 | 1955 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 259 | 196 | 0% |
Pricing History
Listed for Sale
Sep 17, 2025
$1,150,000
Initial Listing
Price Change
Jun 21, 2025
$1,180,000
Initial Listing