3601 Figueroa Drive, San Leandro, California 94578, San Leandro, 94578 - 5 bed, 5 bath
3601 Figueroa Drive
San Leandro, California 94578
Property Price
SUMMARY
Analysis of 3601 Figueroa Drive, San Leandro, California 94578 reveals a Prime Investment Opportunity with a current list price of $1,180,000—significantly undercutting the $1,223,545 Fair Market Value by 3%. This valuation gap indicates a +$43,545 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the San Leandro Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3601 Figueroa Drive Subject | $1,180,000* List Price | 5 | 5 | 2,304 | $531 | - |
A 727 727 Moraga Dr Sold | $960,000 | 3 | 2 | 1,542 | $623 | 0.3 mi |
B 590 Dahlia Ct Sold | $1,250,000 | 4 | 3 | 2,489 | $502 | 0.7 mi |
C 829 Crespi Dr Sold | $900,000 | 3 | 2 | 1,644 | $547 | 0.5 mi |
D 466 Lloyd Ave Sold | $925,000 | 3 | 2 | 1,474 | $628 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property has undergone extensive recent renovations and infrastructure upgrades as of 2023, including new interior and exterior paint, copper plumbing, and a new sewer lateral. The interior features a gourmet kitchen with granite countertops and stainless steel appliances, while the electrical system has been modernized with two 400-amp panels and four EV charging outlets. With five updated bathrooms and the addition of a modern ADU, the home meets current quality standards with no apparent deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Income & Multigenerational Potential
The property features a separate ADU with its own entrance and a converted garage, providing exceptional flexibility for rental income or accommodating a large multigenerational family.
- Modern Infrastructure Upgrades
Equipped with two 400-amp service panels and four car charging outlets, the home is uniquely prepared for high-capacity electrical needs and the growing demand for electric vehicles.
- Recent Capital Improvements
Significant updates including copper plumbing, a new sewer lateral in 2023, and fresh interior/exterior paint reduce immediate maintenance concerns for the new owner.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
- Loss of Traditional Garage
The conversion of the garage into living quarters eliminates covered parking and traditional storage space, which may be a disadvantage for buyers prioritizing vehicle protection.
- High Density on Lot
With five bedrooms and five bathrooms packed into 2,304 square feet on a 5,035 square foot lot, the outdoor yard space may feel limited relative to the home's high occupancy capacity.
About 3601 Figueroa Drive
Welcome to this stunning Northeast-facing single-family home, perfect for a large family or an excellent investment opportunity! This property features two separate living units; the ADU has its own private entrance. It also includes two 400-amp service panels and four car charging outlets, catering to the needs of modern households. Newer interior/exterior paint, copper plumbing, and sewer lateral in 2023. Upon entering the main unit, you're greeted by a spacious foyer that opens into a bright, light-filled living room with large windows. The adjoining dining area flows into a gourmet kitchen, boasting granite countertops, stainless steel appliances, and ample cabinet space. The main level offers one bedroom and a full bathroom, ideal for guests or multigenerational living. Upstairs, you'll find two spacious suites with a private sitting area and a convenient half bathroom. The converted garage features two additional bedrooms and a full bathroom, offering incredible flexibility for extended family or rental income. Located near schools, parks, shopping centers, hospitals, and dining, and with easy access to Highways 880 and 580, this home combines comfort, convenience, and investment potential. Don't miss the opportunity to make this exceptional home yours today!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1954
- Lot Size
- 5,035 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Leandro Unified Schools
Monroe Elementary School
Grades K-5 • 0.3 mi
John Muir Middle School
Grades 6-8 • 1.4 mi
San Leandro High School
Grades 9-12 • 1.3 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 93% |
| Baths | 5.0 | 2.0 | 98% |
| Square foot | 2,304 | 1,427 | 95% |
| Lot Size | 5,035 | 5,390 | 26% |
| Price | $1.18M | $840.0K | 90% |
| Price per sq ft | $512 | $610 | 26% |
| Built year | 1954 | 1950 | 64% |
| HOA | $0 | $0 | 50% |
| Days on market | 11 | 158 | 2% |
Pricing History
Listed for Sale
Feb 24, 2026
$1,180,000
Initial Listing
Sold
Nov 20, 2015
$475,000
Public Record
Sold
May 1, 2013
$389,000
Public Record
Sold
Oct 19, 2012
$245,000
Public Record
Sold
Jul 27, 2006
$231,500
Public Record