
San Leandro, California 94577
This property presents a High-Potential Investment Opportunity with a List Price of $798,000—positioned well below the $809,241 Fair Market Value by 1%. This valuation gap offers $11,241 in Instant Equity for buyers. With a Fair Condition Rating, the home serves as a blank canvas for value-add renovations. The 4,800 sqft lot and large deck provide significant expansion potential. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers looking to build long-term wealth through strategic customization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 360 Warwick Ave Subject 3 bd · 2 ba · 1,389 sqft · $583 | $798,000* List Price | 3 | 2 | 1,389 | $583 | - |
A 200 W Broadmoor Blvd Sold 2 bd · 2 ba · 1,260 sqft · $631 · 0.5 mi | $795,000 | 2 | 2 | 1,260 | $631 | 0.5 mi |
B 350 Cherrywood Ave Sold 3 bd · 2 ba · 1,327 sqft · $604 · 0.7 mi | $802,000 | 3 | 2 | 1,327 | $604 | 0.7 mi |
C 838 Dowling Blvd Sold 3 bd · 2 ba · 1,384 sqft · $730 · 0.3 mi | $1,010,000 | 3 | 2 | 1,384 | $730 | 0.3 mi |
D 272 Lorraine Sold 3 bd · 2 ba · 1,169 sqft · $706 · 0.7 mi | $825,000 | 3 | 2 | 1,169 | $706 | 0.7 mi |
E 340 Garcia Ave Sold 2 bd · 1 ba · 1,146 sqft · $628 · 0.7 mi | $720,000 | 2 | 1 | 1,146 | $628 | 0.7 mi |
F 277 W Juana Ave Sold 3 bd · 2 ba · 1,578 sqft · $542 · 1.0 mi | $855,000 | 3 | 2 | 1,578 | $542 | 1.0 mi |
G 310 Melven Active 3 bd · 2 ba · 1,700 sqft · $511 · 0.4 mi | $869,500 List Price | 3 | 2 | 1,700 | $511 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1940, this property is over 80 years old and shows signs of being dated rather than recently renovated. The listing description emphasizes 'potential' and 'customization,' which are industry indicators for original or older kitchen and bath conditions. While the interior appears clean and functional, the presence of older wall heaters and the lack of modern system upgrades mentioned in the data place it in the 'Fair' category, requiring minor repairs and aesthetic updates.
Situated in the highly desirable Broadmoor area, the property offers excellent proximity to Washington Elementary, Downtown San Leandro, and major commuter arteries like I-880 and I-580.
The 4,800 sqft lot includes a large deck and a separate storage structure, providing a versatile outdoor space with significant potential for gardening, entertaining, or future ADU expansion.
Built in 1940, this home features a generous 1,389 sqft floor plan with three bedrooms, two bathrooms, and an attached garage, offering a solid foundation for a growing family.
Marketed as a 'perfect canvas' with 'incredible potential,' the property likely requires substantial investment in modernizing finishes and systems to meet current market standards.
While the local elementary school is conveniently located, some of the nearby middle and high schools carry lower performance ratings, which may impact long-term appeal for education-focused buyers.
Opportunity to own a spacious home in one of San Leandro’s best neighborhoods with incredible potential to make it your own! Offering generous living spaces and a functional floor plan, this home is the perfect canvas for first-time homebuyers or anyone looking for a property they can customize over time to fit their own style, needs and vision. The attached garage provides convenient parking and additional storage, while the spacious lot offers even more possibilities outdoors. Step outside to a large deck perfect for relaxing, enjoying your morning coffee or gathering with friends and family. The backyard offers plenty of room to explore future expansion, create your dream garden, design an inviting space for entertaining or simply enjoy more room outdoors. A separate backyard storage structure provides additional space for tools, hobbies or everyday storage. Located in a great San Leandro neighborhood just minutes from Washington Elementary School and Downtown San Leandro, with convenient access to Safeway, local dining, shopping and everyday necessities. Easy access to I-880, I-580 and Highway 92 makes commuting throughout the Bay Area convenient. With its spacious lot, flexible living spaces and endless potential, this is an exciting opportunity to create a home that truly feels like your own. Come check it out!
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.5 mi
Grades K-5 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,389 | 1,438.5 |
| Lot Size | 4,800 | 5,361.86 |
| Price | $798.0K | $895.2K |
| Price per sq ft | $575 | $624 |
| Built year | 1940 | 1950 |
| HOA | $0 | $159 |
| Days on market | 19 | 38 |
Oct 5, 2026
$798,000
Initial Listing
Oct 18, 1999
$300,000
Public Record
Jan 8, 1998
$240,000
Public Record