1550 Bancroft Ave 111, San Leandro, California 94577, San Leandro, 94577 - 2 bed, 2 bath
ACTIVE$499,000
1550 Bancroft Ave 111, San Leandro, California 94577
2Beds
2Baths
1,404Sqft
44,007Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Urban Location: Situated in the vibrant heart of downtown San Leandro, offering excellent walkability to top restaurants, boutique shopping, and convenient access to transportation options.
Top Cons:
High Association Fee: The monthly association fee of $698.0 is substantial and adds a significant recurring cost to homeownership.
Compared to the nearby listings
Price:$499.0K vs avg $487.0K (+$12,000)50%
Size:1,404 sqft vs avg 1,219 sqft80%
Price/sqft:$355 vs avg $40620%
More Insights
Built in 1976 (49 years old).
Condition: The property, built in 1976, is described as 'freshly renovated' with 'tasteful modern updates.' Visible areas such as the living room, dining area, and bedrooms showcase new light wood-look flooring, fresh neutral paint, and modern light fixtures, indicating recent cosmetic updates. However, the absence of images for the kitchen and bathrooms, which are critical areas for assessing a 'fresh renovation,' prevents an 'Excellent' rating. While the unit appears move-in ready, the older style of the stone fireplace and the overall age of the building (1976) suggest that not all components are 'virtually new' or that the renovation, while recent, may not be as comprehensive or high-end as required for an 'Excellent' score across the entire property.
Year Built
1976
Close
-
List price
$499K
Original List price
$550K
Price/Sqft
$355
HOA
$698
Days on market
-
Sold On
-
MLS number
41106966
Home ConditionGood
Features
Deck
View-
About this home
LOWERED PRICE!!! Discover your dream home in the vibrant heart of downtown San Leandro! This freshly renovated 2-bedroom, 2-bathroom condo, boasting over 1,400 sqft, is perfect for those who love urban living with easy access to top restaurants, boutique shopping, and excellent transportation options. Nestled in the highly sought after Nugent Square neighborhood, this home blends tasteful modern updates with timeless classic charm. Located in a secure, small complex of just 30 units, with 90% owner-occupied, it offers a tight knit community feel. Enjoy the convenience of two underground parking spots, a dedicated storage locker, and gated entrances for added security. Don’t miss this rare opportunity to own a spacious, stylish condo in the heart of San Leandro at half the price of comparable downtown properties!
Nearby schools
4/10
McKinley Elementary School
Public,•K-5•0.4mi
4/10
Bancroft Middle School
Public,•6-8•0.3mi
5/10
San Leandro High School
Public,•9-12•0.6mi
Condition Rating
Good
The property, built in 1976, is described as 'freshly renovated' with 'tasteful modern updates.' Visible areas such as the living room, dining area, and bedrooms showcase new light wood-look flooring, fresh neutral paint, and modern light fixtures, indicating recent cosmetic updates. However, the absence of images for the kitchen and bathrooms, which are critical areas for assessing a 'fresh renovation,' prevents an 'Excellent' rating. While the unit appears move-in ready, the older style of the stone fireplace and the overall age of the building (1976) suggest that not all components are 'virtually new' or that the renovation, while recent, may not be as comprehensive or high-end as required for an 'Excellent' score across the entire property.
Pros & Cons
Pros
Prime Urban Location: Situated in the vibrant heart of downtown San Leandro, offering excellent walkability to top restaurants, boutique shopping, and convenient access to transportation options.
Recently Renovated & Spacious: The condo boasts over 1,400 sqft and has been freshly renovated with tasteful modern updates, providing a stylish and comfortable living space.
Secure & Amenity-Rich Complex: Located in a secure, small complex of only 30 units with gated entrances, two underground parking spots, a dedicated storage locker, and a high 90% owner-occupancy rate fostering a tight-knit community.
Exceptional Value Proposition: Currently listed at a significantly lowered price, presenting a rare opportunity to own a spacious downtown condo at a competitive price point compared to similar properties.
Good School Access: The property is conveniently located near highly-rated public schools, including McKinley Elementary, Bancroft Middle, and San Leandro High School.
Cons
High Association Fee: The monthly association fee of $698.0 is substantial and adds a significant recurring cost to homeownership.
Building Age: Constructed in 1976, the building is nearly 50 years old, which may imply potential for future maintenance or infrastructure updates not covered by the unit's renovation.
Lack of Mentioned Central AC/Private Outdoor Space: The description does not specify the presence of central air conditioning or private outdoor space (e.g., balcony/patio), which could be a drawback for some buyers.