15540 15540 Hesperian Blvd, San Lorenzo, California 94580, San Lorenzo, 94580 - bed, bath
15540 15540 Hesperian Blvd
San Lorenzo, California 94580
Property Price
SUMMARY
Analysis of 15540 15540 Hesperian Blvd, San Lorenzo, California 94580 is currently available with a list price of $2,100,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the San Lorenzo Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is land value only, full reconstruction required.
Built in 1910, the listing explicitly states that the value is primarily in the land and highlights the property's redevelopment potential for a 5-story building. The aging infrastructure and commercial zoning focus indicate the existing structures are intended for demolition to make way for new development, meeting the criteria for a tear-down where value is based on land and redevelopment upside.
PROSSTRENGTHS & OPPORTUNITIES
- Strategic High-Visibility Location
Situated on Hesperian Blvd directly across from Walmart and adjacent to a shopping strip, the property offers exceptional exposure and high foot traffic for commercial ventures.
- Significant Redevelopment Upside
The District Commercial zoning allows for a wide range of uses and the potential to develop up to a 5-story building, providing massive long-term value appreciation.
- Diverse Income Streams
The combination of a single-family home, two additional residential units, and a commercial showroom across two parcels offers immediate multi-tenant rental income.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
With the original structure dating back to 1910 and the value primarily in the land, the existing buildings likely require significant maintenance or eventual demolition.
- Development Complexity
Realizing the property's full 5-story potential requires a Conditional Use Permit and extensive coordination with the Alameda County Planning Department, adding time and regulatory risk.
About 15540 15540 Hesperian Blvd
Prime commercial investment opportunity featuring two adjoining parcels zoned District Commercial in a high-visibility location next to a shopping strip and directly across from Walmart. The first parcel (15540 & 15542) includes a 3/2 baths single-family home in front and a rear structure with two 1/1 baths units. The second parcel (15548) features offices/rooms, 2 baths office/retail building, currently used as a kitchen and bathroom showroom with storage. Excellent income potential with strong redevelopment upside. District Commercial zoning allows a wide range of uses including retail, office, coffee shop, art studio, medical services, personal services, daycare, and more. Potential to develop up to a 5-story (approx. 75 ft) building with Conditional Use Permit. Value primarily in the land. Opportunity for investors with huge options for development. Interested party to verify development possibilities with Alameda County Planning Department.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1910
- Lot Size
- 5,625 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 | 5,625 | 6,625 | 50% |
| Price | $2.10M | $1.48M | 50% |
| Price per sq ft | $0 | $0 | 50% |
| Built year | 1910 | 1931 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 3 | 59 | 50% |
Pricing History
Listed for Sale
Mar 4, 2026
$2,100,000
Initial Listing