15950 E 14th Street, San Leandro, California 94578, San Leandro, 94578 - 0 bed, 0 bath
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San Leandro, California 94578
Analysis of 15950 E 14th Street, San Leandro, California 94578 is currently available with a list price of $1,750,000. 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 Leandro Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
Built in 1947 and marketed as a shovel-ready redevelopment opportunity, this property is being sold for its land value and entitlements for a new 36-unit mixed-use project. The existing structures are over 75 years old with no evidence of recent renovation, making them unlivable by modern standards.
The project is fully entitled with finalized plans for 36 units, allowing investors to bypass the lengthy and uncertain municipal approval process, significantly reducing carrying costs and timeline risk.
The mixed-use configuration of 36 residential units and over 5,000 SF of retail space offers a balanced portfolio that mitigates risk through both residential and commercial revenue sources.
Situated in a highly accessible East Bay corridor, the property is positioned to capture strong residential demand and high visibility for ground-floor commercial tenants.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =30028, other record lot size in square feet = 20048. Living area discrepancy between mls listing and other public or private record. mls listing living area = 37492, other record living area = 3000.
As a ground-up redevelopment, the project requires significant upfront capital and exposure to fluctuating construction costs and labor markets before reaching stabilization.
The 5,017 SF of street-level retail space introduces exposure to the commercial market, which may face longer vacancy periods or require substantial tenant improvement allowances.
Seize a rare, shovel-ready redevelopment opportunity in the heart of San Leandro. This fully entitled mixed-use project delivers 36 residential units across a well-balanced unit mix (11 studios, 15 one-bedroom, and 10 two-bedroom homes) paired with 5,017 SF of street-level retail space designed to drive foot traffic and long-term income stability. With entitlements already secured and plans finalized, the heavy lifting is done. Investors can bypass the lengthy and uncertain approval process and move directly into development, significantly reducing both timeline risk and carrying costs. This dual-parcel assemblage presents an exceptional value-add proposition for build-and-hold investors seeking strong residential demand, diversified income streams, and meaningful upside in one of the East Bay's most accessible and transit-connected corridors.
No exterior & parking available.
No sensitive facilities data found.
Jun 4, 2026
$1,750,000
$1,880,000
-7% Price Drop
Initial Listing
Apr 21, 2026
$1,880,000
Initial Listing
Jul 2, 2021
$1,300,000
Public Record