
San Leandro, California 94577
This Versatile Commercial/Residential Asset presents a Strong Value Opportunity, listed at $650,000—positioned slightly above the $611,055 Fair Market Value. While currently configured as a 6-room office, the property features a Condition Rating of 3, boasting a newer roof, windows, and flooring. The gated lot with 6 dedicated parking spaces provides rare utility for business or residential conversion. Located near San Leandro High School, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a flexible, well-maintained space with significant long-term potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2275 Washington Ave Subject | $650,000* List Price | 3 | 1 | 1,696 | $360 | - |
A 2241 Estabrook Cir Sold | $800,000 | 4 | 3 | 2,000 | $400 | 0.1 mi |
B 209 Arroyo Ave Sold | $612,000 | 2 | 2 | 1,512 | $405 | 0.9 mi |
C 308 W Joaquin Ave Active | $799,000 List Price | 2 | 2 | 1,754 | $456 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1951, the property has been well-maintained with significant updates including a newer roof, windows, flooring, and paint. The addition of AC and the functional, clean condition of the kitchenette and bath suggest a renovation within the 5-15 year range, making it move-in ready.
The property is in turnkey condition featuring a newer roof, windows, flooring, and fresh paint, along with a modern AC system, significantly reducing immediate move-in or maintenance costs.
A gated perimeter and a large rear lot providing six dedicated parking spaces offer a rare level of security and convenience for either a commercial office or a residential conversion.
Currently configured as a well-maintained 6-room office, the property offers unique flexibility for business owners or investors looking to potentially convert the space back to a residential home.
While listed as residential, the property is currently set up for commercial use; converting it to a standard home requires city approval and consultation, which may involve regulatory delays.
The interior features only a small kitchenette and a single bathroom for a 1,696 sq ft space, likely requiring a significant kitchen remodel to be functional for a traditional family residence.
Very well maintained 6 room commercial/office house with full bath and small kitchenette near San Leandro downtown, newer roof, paint, flooring, windows, and has AC too. Gated and has large rear 6 parking spaces, small inner courtyard. Rear gate shares easement . Must see to appreciate, bring your dreams, maybe possible to convert to residential (consult with City first). Interior is 1696 sq ft and lot is around 5900 sq ft.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.8 mi
Grades 6-8 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,696 | 1,429 |
| Lot Size | 5,905 | 5,130 |
| Price | $650.0K | $880.0K |
| Price per sq ft | $383 | $645 |
| Built year | 1951 | 1947 |
| HOA | $0 | $152 |
| Days on market | 21 | 36 |
Jul 1, 2026
$650,000
Initial Listing
Jun 6, 2016
$450,000
Public Record
Jun 30, 2006
$465,000
Public Record