1987 San Rafael St, San Leandro, California 94577, San Leandro, 94577 - 3 bed, 1 bath
Loading property details...
San Leandro, California 94577
This Single Family Residence represents a Strong Value Opportunity, listed at $788,888—positioned slightly above the $781,537 Fair Market Value. While priced at market, the property offers significant upside through its ADU Conversion Potential in the detached garage. Featuring a Fair Condition Rating, the home is move-in ready with fresh paint and refinished floors, allowing for gradual modernization. Located in the San Leandro High School district with excellent transit access, this is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a functional, high-potential asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1987 San Rafael St Subject | $838,888* List Price | 3 | 1 | 1,307 | $608 | - |
A 1903 Bradhoff Ave Sold | $750,000 | 2 | 1 | 1,165 | $644 | 0.2 mi |
B 714 Arbor Dr Sold | $1,058,000 | 2 | 1 | 1,429 | $740 | 1.0 mi |
C 2115 Cleveland St Sold | $1,000,000 | 2 | 2 | 1,500 | $667 | 0.0 mi |
D 928 Evergreen Ave Sold | $895,000 | 3 | 2 | 1,378 | $649 | 0.3 mi |
E 359 Parrott St Sold | $670,000 | 2 | 1 | 1,132 | $592 | 0.9 mi |
F 824 824 Maud Ave Sold | $900,000 | 3 | 2 | 1,338 | $673 | 0.3 mi |
G 277 W Juana Ave Sold | $855,000 | 3 | 2 | 1,578 | $542 | 0.8 mi |
H 845 845 Dolores Ave Sold | $867,000 | 3 | 2 | 1,717 | $505 | 0.3 mi |
I 670 Estudillo Ave Active | $699,999 List Price | 2 | 1 | 1,080 | $648 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1948, the property is well-maintained and 'move-in ready' but remains largely dated. While it features fresh paint and refinished hardwood floors, the kitchen contains oak cabinetry and finishes likely 20-30 years old. The roof is 8-12 years old, and the listing explicitly suggests updating 'at your leisure,' which aligns with the Fair criteria for a functional but dated home needing cosmetic and system updates.
The detached two-car garage is noted by San Leandro Planning as suitable for an ADU conversion, providing a valuable opportunity for rental income or guest quarters.
The property is move-in ready with fresh interior and exterior paint, newly refinished hardwood floors, and brand-new gutters, reducing immediate move-in costs.
Located in the desirable Assumption Parish area, the home offers excellent accessibility to the I-580 freeway and BART, making it ideal for Bay Area professionals.
The home features three bedrooms but only one bathroom, which may be a significant inconvenience for families and can limit the property's competitive edge in the market.
Built in 1948 with an aging roof (8-12 years old), the property will likely require systematic updates to plumbing, electrical, or insulation to meet modern efficiency standards.
Assumption Parish Beauty in a wonderful location! Move In Ready, update at your leisure! Possible ADU / Garage Conversion Per San Leandro Planning Fresh Paint inside and out Gleaming Refinished Hardwood Floors Brand new Gutters with 8-12 year old roof 1307 sq. ft, 5,050 Lot 2 Car Detached garage Super Area! Easy Access to 580, BART
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 0.7 mi
Grades 9-12 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,307 | 1,429 |
| Lot Size | 5,050 | 5,130 |
| Price | $838.9K | $880.0K |
| Price per sq ft | $642 | $645 |
| Built year | 1948 | 1947 |
| HOA | $0 | $152 |
| Days on market | 27 | 36 |
Jul 15, 2026
$838,888
$788,888
+6% Price Increase
Initial Listing
Jun 25, 2026
$788,888
Initial Listing
Oct 30, 1992
$189,000
Public Record