
San Leandro, California 94577
This Residential Income Quadruplex presents a High-Potential Investment Opportunity, listed at $1,465,000—positioned above the $1,236,434 Fair Market Value. While the property requires capital improvements to modernize its Condition Rating of 4, the vacancy of one unit provides immediate flexibility for an owner-occupant to utilize residential financing. Featuring a 4-car garage and a prime downtown location, this asset offers significant rental demand. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage a legacy property in a high-walkability urban corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 200 Haas Ave Subject 0 bd · 0 ba · 3,752 sqft · $330 | $1,465,000* List Price | 0 | 0 | 3,752 | $330 | - |
A 68 Oakes Blvd. Sold 0 bd · 0 ba · 4,999 sqft · $293 · 0.1 mi | $1,462,500 | 0 | 0 | 4,999 | $293 | 0.1 mi |
B 76 Oakes Blvd. Sold 0 bd · 0 ba · 4,999 sqft · $293 · 0.1 mi | $1,462,500 | 0 | 0 | 4,999 | $293 | 0.1 mi |
C 2180 Clarke St Active 0 bd · 0 ba · 3,177 sqft · $387 · 0.9 mi | $1,228,888 List Price | 0 | 0 | 3,177 | $387 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1924, this property is well-maintained but dated. The kitchen features older white cabinetry, laminate countertops, and appliances that appear to be 20+ years old. Interior finishes like the carpet and visible floor heaters indicate that while the units are functional and move-in ready, they require cosmetic and system updates to meet modern standards.
The vacancy of one lower-level unit presents a prime opportunity for an owner-occupant to utilize residential financing while generating immediate rental income from the remaining three units.
The property includes a long driveway and a detached garage accommodating four or more vehicles, a rare and highly valuable amenity for a downtown multi-family asset.
Situated in the heart of San Leandro, the property boasts high walkability to shopping, dining, and public transit, ensuring consistent tenant demand and long-term desirability.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8400, other record lot size in square feet = 6060.
Built in 1924, this century-old building may require significant capital expenditures for modernizing mechanical systems and addressing the upkeep associated with vintage structures.
While the local elementary school is well-rated, the assigned middle and high schools have lower performance scores, which may limit the property's appeal to families.
A charming, beautifully cared for fourplex in the heart of Downtown San Leandro! This special property features two lower level 1 bedroom, 1 bath units and two upper level 1+ bedroom, 1 bath units. One lower unit is vacant, offering a wonderful opportunity to move in while earning rental income. A long driveway leads to garage space accommodating four or more vehicles, currently vacant and available for the new owner’s use. Shared laundry on each floor adds everyday convenience. Ideally situated near shopping, transportation, and schools, this character filled building offers a wonderful opportunity to add a legacy property to your portfolio or make it your own home!
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.7 mi
Grades K-5 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 3,752 | 3,588.5 |
| Lot Size | 8,400 | 7,030 |
| Price | $1.47M | $1.21M |
| Price per sq ft | $390 | $338 |
| Built year | 1924 | 1968 |
| HOA | $0 | $0 |
| Days on market | 3 | 60 |
Oct 21, 2026
$1,465,000
Initial Listing