16311 Ria Dr, San Leandro, California 94578, San Leandro, 94578 - 3 bed, 2 bath
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San Leandro, California 94578
This Versatile Turnkey Residence is a Strong Value Opportunity, listed at $788,000—positioned well below the $845,976 Fair Market Value by 6%. This valuation gap provides $57,976 in Instant Equity for the incoming buyer. Boasting an Excellent Condition Rating, the home features an updated kitchen, high-efficiency HVAC, and distant East Bay hill views. The oversized primary suite offers significant income potential via a private rental conversion. This property is an ideal acquisition for Owner-Occupants seeking a house-hack or first-time buyers looking for a move-in ready asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16311 Ria Dr Subject | $788,000* List Price | 3 | 2 | 1,283 | $659 | - |
A 1512 Oriole Ave Sold | $735,000 | 3 | 1 | 984 | $747 | 0.6 mi |
B 16153 Windsor Dr Sold | $920,000 | 3 | 2 | 1,359 | $677 | 0.5 mi |
C 16068 Gramercy Dr Sold | $910,000 | 3 | 2 | 1,437 | $633 | 0.6 mi |
D 1657 162nd Ave Active | $839,000 List Price | 3 | 1 | 1,424 | $589 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1947, the property has undergone a comprehensive recent renovation (likely <5 years) featuring a modern two-tone kitchen with quartz countertops and stainless steel appliances, updated recessed lighting, and refinished hardwood floors. The inclusion of a newer high-efficiency HVAC system and its turnkey interior meet the criteria for excellent condition.
The oversized primary suite is designed for versatility and can be easily converted into a private rental unit, offering a significant opportunity for supplemental income or multi-generational living.
Featuring an updated kitchen, fresh paint, gleaming hardwood floors, and a newer high-efficiency HVAC system, this home is move-in ready and requires minimal immediate investment.
The property includes an automatic security gate and a spacious, garden-like backyard, providing a secure and private environment for outdoor entertaining.
Originally built in 1947, the property may possess aging infrastructure elements common to homes of this era that could require future maintenance or modernization.
With 1,283 square feet distributed across three bedrooms, the secondary living areas and bedrooms may feel compact, potentially limiting space for larger families or bulky furniture.
Discover the perfect blend of modern comfort and income potential in this move-in ready 3-bedroom, 2-bathroom San Leandro home. The light-filled interior features gleaming hardwood floors, an updated kitchen, and fresh paint, all supported by the peace of mind of a newer high-efficiency HVAC system. The thoughtful layout is anchored by a massive primary suite designed with incredible versatility—easily convertible into a private rental unit for extra cash flow. Outside, the property transforms into an entertainer’s dream with a spacious, garden-like backyard and an automatic security gate providing ultimate privacy. Ideally situated in a highly convenient location, you are just minutes from a vibrant selection of local shops, popular restaurants, and effortless freeway access for a seamless commute. Complete with an attached garage and offered at an affordable price point, this turnkey residence offers a rare opportunity to build equity in a prime East Bay hub.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,283 | 1,441.5 | 32% |
| Lot Size | 5,300 | 5,381.5 | 46% |
| Price | $788.0K | $836.5K | 40% |
| Price per sq ft | $614 | $622 | 48% |
| Built year | 1947 | 1948 | 42% |
| HOA | $0 | $0 | 50% |
| Days on market | 28 | 180 | 4% |
Mar 25, 2026
$788,000
Initial Listing
May 21, 2019
$635,000
Public Record