326 Macarthur Blvd, San Leandro, California 94577, San Leandro, 94577 - bed, bath
ACTIVE$1,315,000
326 Macarthur Blvd, San Leandro, California 94577
0Bed
0Bath
Sqft
6,599Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Multi-Unit Income Potential: A unique quadruplex property with four standalone units, including a 3-bedroom, 2-bathroom house, offering significant 'cash cow' potential for investors or owner-occupants to offset mortgage costs.
Top Cons:
Age of Original Construction: Built in 1930, the property's underlying infrastructure (e.g., plumbing, electrical, foundation) may be original and could require significant maintenance or upgrades beyond the cosmetic renovations.
Compared to the nearby listings
Price:$1.31M vs avg $960.0K (+$355,000)67%
Size: sqft vs avg sqft50%
Price/sqft:$0 vs avg $050%
More Insights
Built in 1930 (95 years old).
Condition: Despite being built in 1930, the property has undergone extensive modern renovations, as explicitly stated in the description and confirmed by the images. The kitchens feature new shaker-style cabinets, quartz countertops, stainless steel appliances, and modern lighting. Bathrooms are also fully remodeled with new vanities, tubs, and contemporary finishes. New wood-look laminate flooring is present throughout much of the property, and even the carpeted areas appear fresh. All visible components in the living spaces are new or virtually new, meeting current quality standards and presenting as move-in ready with no deferred maintenance in the renovated areas.
Year Built
1930
Close
-
List price
$1.31M
Original List price
$1.31M
Price/Sqft
$0
HOA
-
Days on market
-
Sold On
-
MLS number
41108646
Home ConditionExcellent
Features
Deck
Patio
View-
About this home
326 MacArthur Blvd in San Leandro, CA, is a unique multi-unit property with four standalone units, including a three-bedroom, two-bathroom house. It has "cash cow" potential for investors or an owner-occupant seeking to offset mortgage costs. The property features remodeled kitchens and bathrooms, new appliances, quartz countertops, and updated flooring. It also has off-street parking and is located near major freeways and BART, making it attractive for commuters. Great opportunity for both local and regional investors or an owner occupant in a strong rental market with growth potential of income and value. Commuters dream come true! 1 minute to 580 on ramp, 6 minutes to BART.
Nearby schools
6/10
Roosevelt Elementary School
Public,•K-5•0.3mi
5/10
Washington Elementary School
Public,•K-5•0.8mi
2/10
Grass Valley Elementary School
Public,•K-5•1.4mi
4/10
Bancroft Middle School
Public,•6-8•0.8mi
2/10
Elmhurst Community Prep School
Public,•6-8•1.1mi
1/10
Castlemont High
Public,•9-12•1.6mi
5/10
San Leandro High School
Public,•9-12•1.6mi
Condition Rating
Excellent
Despite being built in 1930, the property has undergone extensive modern renovations, as explicitly stated in the description and confirmed by the images. The kitchens feature new shaker-style cabinets, quartz countertops, stainless steel appliances, and modern lighting. Bathrooms are also fully remodeled with new vanities, tubs, and contemporary finishes. New wood-look laminate flooring is present throughout much of the property, and even the carpeted areas appear fresh. All visible components in the living spaces are new or virtually new, meeting current quality standards and presenting as move-in ready with no deferred maintenance in the renovated areas.
Pros & Cons
Pros
Multi-Unit Income Potential: A unique quadruplex property with four standalone units, including a 3-bedroom, 2-bathroom house, offering significant 'cash cow' potential for investors or owner-occupants to offset mortgage costs.
Extensive Modern Renovations: All units feature recently remodeled kitchens and bathrooms, new appliances, quartz countertops, and updated flooring, making them move-in ready and highly attractive to tenants.
Prime Commuter Location: Strategically located with excellent access to major freeways (1 minute to I-580 on-ramp) and BART (6 minutes), making it a 'commuter's dream' and highly desirable for renters.
Off-Street Parking: The property provides valuable off-street parking, a significant amenity in an urban setting that enhances tenant convenience and property appeal.
Strong Rental Market: Situated in a strong San Leandro rental market with identified growth potential for both income and property value, offering a robust investment opportunity.
Cons
Age of Original Construction: Built in 1930, the property's underlying infrastructure (e.g., plumbing, electrical, foundation) may be original and could require significant maintenance or upgrades beyond the cosmetic renovations.
Intensive Property Management: As a quadruplex, managing four separate units, including tenant relations, maintenance, and potential vacancies, will demand substantial time and effort from the owner or require professional management, impacting net operating income.
Location on Major Boulevard: Situated on Macarthur Blvd, the property may experience higher levels of traffic noise and activity, which could be a deterrent for some tenants seeking a quieter residential environment.