2241 W Avenue 135th, San Leandro, California 94577, San Leandro, 94577 - 4 bed, 2 bath
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2241 W Avenue 135th
San Leandro, California 94577
ACTIVE
CONDITION: FAIR
4Beds
2Baths
2,270Sq Ft
14,320Lot Size
Property Price
LIST PRICE$1,250,000
EST. MARKET VALUE
$1,207,514
3% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $1,250,000, positioned above the $1,207,514 Fair Market Value. While requiring a Condition Rating of 4, the expansive 14,320 sq. ft. lot and dual garage capacity offer significant upside for forced appreciation through renovation or ADU development. The property features a spacious 2,270 sq. ft. layout with an enclosed patio, ideal for value-add projects. This is a strategic acquisition for Buy-and-Hold Investors or Contractors seeking to maximize the utility of this rare, oversized Mulford Gardens lot.
Estimated Market Value
$1,207,514
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 |
|---|---|---|---|---|---|---|
★ 2241 W Avenue 135th Subject 4 bd · 2 ba · 2,270 sqft · $532 | $1,250,000* List Price | 4 | 2 | 2,270 | $532 | - |
A 2472 W Avenue 136th Active 3 bd · 3 ba · 1,610 sqft · $602 · 0.2 mi | $969,000 List Price | 3 | 3 | 1,610 | $602 | 0.2 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 1920, the property is functional but significantly dated. The kitchen features older tile countertops and cabinetry, while living areas contain 1970s-style shag carpeting. Although the bathroom has seen a partial mid-range update, the overall interior and systems likely exceed the 20-30 year threshold for modern standards, requiring cosmetic and likely mechanical updates.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14320, living area = 2270.
- Expansive Lot & Outdoor Versatility
The rare 14,320 sq. ft. lot features dual side access and mature fruit trees, providing ample space for RV parking, gardening, or potential ADU expansion.
- Exceptional Garage & Workshop Capacity
With a 2-car attached garage plus a detached 3-car garage/workshop, this property is a premier choice for car enthusiasts or those needing significant hobby space.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 6.
- Significant Renovation Required
Built in 1920 and noted as being ready for updating, the property will likely require a substantial capital investment to modernize the interior and systems.
- Low Elementary School Rating
The assigned elementary school has a low rating of 2, which may be a concern for families prioritizing high-performing local public education.
About 2241 W Avenue 135th
Opportunity awaits in the desirable Mulford Gardens neighborhood! This spacious 4-bedroom, 2-bath home offers approximately 2,270 sq. ft. of living space on an expansive 14,320 sq. ft. lot. Features include a country kitchen with adjoining mud room, family room with large enclosed patio, skylights in the family room, upstairs hallway and bedroom, and a small basement for added storage. The attached 2-car garage is complemented by a detached 3-car garage/workshop—a car enthusiast's dream! Mature fruit trees, side access on both sides of the property, and the oversized lot provide endless possibilities for RV parking, expansion, gardening, or recreation. While the home is ready for updating, its generous floor plan, rare lot size, and exceptional garage space make it an outstanding opportunity to create your dream home. Convenient to shopping, restaurants, Kaiser Hospital and public transportation and San Leandro Marina.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1920
- Lot Size
- 14,320 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Leandro Unified Schools
Garfield Elementary School
Grades K-5 • 0.4 mi
2/10
John Muir Middle School
Grades 6-8 • 1.0 mi
5/10
San Leandro High School
Grades 9-12 • 2.3 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 2,270 | 1,438.5 |
| Lot Size | 14,320 | 5,361.86 |
| Price | $1.25M | $895.2K |
| Price per sq ft | $551 | $624 |
| Built year | 1920 | 1950 |
| HOA | $0 | $159 |
| Days on market | 81 | 38 |
Pricing History
Listed for Sale
Aug 4, 2026
$1,250,000
Initial Listing