15162 Inverness St, San Leandro, California 94579, San Leandro, 94579 - 3 bed, 1 bath
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San Leandro, California 94579
This mid-century ranch presents a High-Potential Investment Opportunity with a List Price of $729,500—positioned well below the $746,216 Fair Market Value by 2%. This valuation gap offers $16,716 in Instant Equity. Featuring a Fair Condition Rating with original 1950s finishes, the property provides a solid foundation for value-add renovations. Located near Washington Manor Park and top-rated Madison Elementary, this home is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build long-term wealth through strategic modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15162 Inverness St Subject | $729,500* List Price | 3 | 1 | 1,114 | $670 | - |
A 15184 Andover St Sold | $760,000 | 3 | 1 | 1,020 | $745 | 0.3 mi |
B 15274 Inverness St Sold | $900,000 | 3 | 2 | 1,241 | $725 | 0.2 mi |
C 15066 Andover St Sold | $870,000 | 3 | 1 | 1,228 | $708 | 0.3 mi |
D 1250 1250 Hubbard Ave Sold | $828,000 | 3 | 2 | 1,257 | $659 | 0.3 mi |
E 15512 Farnsworth St Sold | $835,000 | 3 | 2 | 1,190 | $702 | 0.6 mi |
F 1218 Ottawa Ave Sold | $780,000 | 3 | 1 | 1,081 | $722 | 0.9 mi |
G 15512 Farnsworth Sold | $763,950 | 3 | 2 | 1,190 | $642 | 0.6 mi |
H 15239 15239 Laverne Ct Sold | $895,000 | 3 | 2 | 1,156 | $774 | 0.4 mi |
I 14997 Edgemoor St Pending | $720,000 List Price | 4 | 2 | 988 | $729 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1951, this 70+ year old home is well-maintained but dated. The listing explicitly mentions vintage 1950s bathroom tile and the images show original hardwood floors and an unfinished garage with older utility systems. While move-in ready, the kitchen and bath are significantly past the 20-year mark for modern updates.
Situated in the desirable Washington Manor neighborhood, the property offers exceptional convenience with close proximity to Washington Manor Park, Greenhouse Marketplace, BART, and major freeways.
This sun-filled, all-level ranch features a desirable open-concept kitchen and dining area, complemented by a spacious living room with a cozy fireplace and expansive windows.
The home includes an extra-large two-car garage with beamed ceilings and a private garden, providing significant utility and outdoor living space for a property of this size.
With three bedrooms but only one full bathroom, the layout may be a drawback for larger households or buyers seeking a dedicated primary suite.
Built in 1951 and featuring vintage finishes like 1950s tile, the property may require capital investment to update its aesthetic and systems to meet modern standards.
Nestled in the heart of the sought-after Washington Manor neighborhood, this charming, sun-filled, all level, mid-century ranch style offers effortless living with a sunny, private garden. Step inside to an entry hallway that opens to a generous living room with a cozy fireplace and expansive paned windows. The open kitchen features a spacious dining area, perfect for both everyday meals and festive holiday gatherings, paired with an efficient chef’s workspace where everything is within easy reach. There are three sunny bedrooms with ample closet space, plus a full bathroom featuring beautiful vintage 1950’s tile. The house also includes an extra-large 2-car garage with beamed ceilings and a laundry area. This home sits in a friendly, established community with Washington Manor Park and the Greenhouse Marketplace just minutes away. It has convenient access to schools, restaurants, shopping, BART, and freeway.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.6 mi
Grades K-5 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,114 | 1,429 |
| Lot Size | 5,780 | 5,130 |
| Price | $729.5K | $880.0K |
| Price per sq ft | $655 | $645 |
| Built year | 1951 | 1947 |
| HOA | $0 | $152 |
| Days on market | 13 | 36 |
Jul 9, 2026
$729,500
Initial Listing