1560 165th, San Leandro, California 94578, San Leandro, 94578 - 2 bed, 2 bath
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San Leandro, California 94578
This Development-Ready Residential Asset is listed at $698,500, representing a stable valuation relative to its $678,646 Fair Market Value. The property serves as a High-Potential Investment Opportunity due to the oversized 8,800 Sq Ft Lot and significant ADU Development Potential in unincorporated Alameda County. Featuring a Turnkey Interior with Granite Countertops, Hardwood Floors, and a Condition Rating of 3, the home includes a Covered Patio for immediate enjoyment. It is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking long-term upside.
Property is move-in ready.
The property is move-in ready and has undergone significant interior renovations within the last 5 to 15 years. The kitchen is updated with granite countertops, stainless steel appliances, and cherry-finish cabinetry, while the living areas feature polished hardwood and newer laminate flooring. Although the home was built in 1920 and retains some older elements like wall-mounted heaters and cracked exterior concrete, the primary living spaces, dual-pane windows, and updated bathrooms meet the criteria for a well-maintained, functional home with minimal immediate maintenance required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8800, living area = 836.
The oversized ~8,800 sq ft lot in unincorporated Alameda County offers a rare opportunity for investors or builders to explore adding multiple ADUs or additional units to maximize density and value.
Despite its development potential, the existing home is move-in ready with modern upgrades including hardwood floors, granite countertops, stainless steel appliances, and dual-pane windows.
The property was recently sold within the past year on 2025-07-14. The sold price is $738,000.00.
At just 836 square feet, the current living area is quite compact, which may limit its appeal to traditional families unless the buyer pursues an expansion or redevelopment.
Built in 1920, the century-old structure may require ongoing maintenance or updates to aging systems common in homes of this era, despite the cosmetic interior renovations.
Rare development opportunity in unincorporated Alameda County! This charming single-story 2-bedroom, 2-bath home sits on an oversized ~8,800 sq ft lot, offering incredible potential for investors, builders, or homeowners looking to expand. The existing home features a bright and inviting layout with hardwood floors, granite countertops, tile flooring, and stainless steel appliances. Additional upgrades include dual-pane windows, and an updated bathroom, making it move-in ready while you plan future possibilities. Step outside to a spacious, nicely landscaped backyard with a covered patio perfect for entertaining or relaxing. With the large lot size, buyers may explore the potential to build additional units or multiple ADUs (buyer to verify with Alameda County), making this a prime value-add or redevelopment opportunity.Conveniently located near shopping, schools, and commuter routes including 580, 238, and 880, as well as BART, this property offers both lifestyle and long-term upside. Whether you're looking to live, rent, or develop, this is a rare chance to capitalize on a large lot in a desirable area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 26% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 836 | 1,441.5 | 6% |
| Lot Size | 8,800 | 5,392 | 92% |
| Price | $698.5K | $836.5K | 20% |
| Price per sq ft | $836 | $625 | 98% |
| Built year | 1920 | 1948 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 30 | 180 | 4% |
Mar 23, 2026
$698,500
Initial Listing
Jul 14, 2025
$738,000
Public Record
Dec 9, 2016
$435,000
Public Record
Nov 1, 2012
$188,000
Public Record
Jul 22, 2004
$380,000
Public Record