2180 Clarke St, San Leandro, California 94577, San Leandro, 94577 - 0 bed, 0 bath
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2180 Clarke St
San Leandro, California 94577
ACTIVE
CONDITION: FAIR
0Beds
0Baths
3,177Sq Ft
6,000Lot Size
Property Price
LIST PRICE$1,228,888
EST. MARKET VALUE
$1,335,953
8% BelowMARKET VALUE
SUMMARY
This 4-plex is a Strong Value Opportunity, listed at a List Price of $1,228,888—positioned well below the $1,335,954 Fair Market Value by 8%. This valuation gap offers $107,066 in Instant Equity. With a Condition Rating of 4, the property features stable, long-term tenants and rare parking amenities, including a 4-car carport and 2-car garage. Located near BART and major freeways, this asset is ideal for Buy-and-Hold Investors or Value-Add Investors seeking consistent rental demand.
Estimated Market Value
$1,335,953+$107,065 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in San Leandro.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2180 Clarke St Subject | $1,228,888* List Price | 0 | 0 | 3,177 | $421 | - |
A 1552 1552 Orchard Ave Sold | $1,025,000 | 0 | 0 | 2,264 | $453 | 0.6 mi |
B 446 Dolores Ave Active | $1,388,000 List Price | 0 | 0 | 2,770 | $501 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1968 (58 years old) with no mentioned renovations. While the exterior appears maintained and the property is functional for tenants, the age suggests dated interiors and systems that likely require updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Commuter Location
The property's proximity to BART, major freeways, and local shopping centers makes it highly attractive to tenants, ensuring consistent demand and high occupancy rates.
- Stable Rental History
With three out of four units occupied by long-term tenants, the asset offers immediate stability and lower management overhead due to proven tenant reliability and low turnover.
- Exceptional Parking Amenities
Featuring a four-car carport plus a two-car garage, the property provides rare and ample parking capacity, a significant competitive advantage in the San Leandro rental market.
CONSRISKS & DEFICIENCIES
- Potential Rent Gap
The presence of long-term tenants often suggests that current rents may be below market value, which could limit immediate cash flow growth under California's rent control regulations.
- Aging Infrastructure
Built in 1968, the property may soon require capital expenditures for system upgrades or structural maintenance to preserve its 'easy maintenance' status and long-term value.
About 2180 Clarke St
Well located 4 Plex, 1968 Build, 3,174 sf, Easy maintenance and management property, low turn over, 3 of 4 tenants long time tenants, 4 Car, Carport plus 2 car garage. Close to BART, Shopping and Freeways. Tenants pay own Gas and Electric.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1968
- Lot Size
- 6,000 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Leandro Unified Schools
McKinley Elementary School
Grades K-5 • 0.4 mi
4/10
Wilson Elementary School
Grades K-5 • 0.7 mi
6/10
John Muir Middle School
Grades 6-8 • 0.8 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 3,177 | 3,588.5 |
| Lot Size | 6,000 | 7,030 |
| Price | $1.23M | $1.14M |
| Price per sq ft | $387 | $352 |
| Built year | 1968 | 1968 |
| HOA | $0 | $0 |
| Days on market | 6 | 57 |
Pricing History
Listed for Sale
Sep 3, 2026
$1,228,888
Initial Listing
Sold
Oct 5, 2022
$600,000
Public Record