365 Lorraine, San Leandro, California 94577, San Leandro, 94577 - 2 bed, 1 bath
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365 Lorraine
San Leandro, California 94577
ACTIVE
CONDITION: EXCELLENT
2Beds
1Baths
1,215Sq Ft
5,000Lot Size
Property Price
LIST PRICE$725,000
EST. MARKET VALUE
$782,015
7% BelowMARKET VALUE
SUMMARY
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $725,000—positioned well below the $782,015 Fair Market Value by 7%. This valuation gap offers $57,015 in Instant Equity for the buyer. Featuring an Excellent Condition Rating with a refreshed kitchen and modern fixtures, the home provides a move-in-ready experience. With a private patio and detached garage, it balances vintage character with modern functionality. This is an ideal acquisition for first-time buyers or Owner-Occupants seeking a high-quality, low-maintenance home.
Estimated Market Value
$782,015+$57,015 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 365 Lorraine Subject | $725,000* List Price | 2 | 1 | 1,215 | $644 | - |
A 86 Preda St Sold | $790,000 | 3 | 1 | 1,176 | $672 | 0.4 mi |
B 359 Parrott St Sold | $670,000 | 2 | 1 | 1,132 | $592 | 0.6 mi |
C 350 Cherrywood Ave Sold | $802,000 | 3 | 2 | 1,327 | $604 | 0.2 mi |
D 291 Lorraine Blvd Sold | $925,000 | 3 | 2 | 1,495 | $619 | 0.1 mi |
E 1240 Kelly Ave Sold | $838,000 | 3 | 2 | 1,224 | $685 | 0.7 mi |
F 356 Belleview Dr Sold | $890,000 | 3 | 2 | 1,194 | $745 | 0.4 mi |
G 1224 Lucille Street Sold | $880,000 | 3 | 2 | 1,554 | $566 | 0.4 mi |
H 272 Lorraine Active | $819,000 List Price | 3 | 2 | 1,169 | $701 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1941, the home has undergone a recent high-quality refresh including an updated kitchen with stone countertops and stainless appliances, refreshed bathrooms with modern fixtures, and new wood-style flooring, placing it in mint, move-in-ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- Vintage Architectural Charm
Built in 1941, the home features unique arched openings and a classic brick fireplace, offering a level of character and warmth rarely found in newer constructions.
- Modernized Move-In Condition
The property boasts a fully updated kitchen with stone countertops and stainless steel appliances, alongside refreshed bathrooms and flooring, ensuring immediate occupancy without renovation needs.
- Versatile Lot & Parking
The 5,000 sqft lot includes a long driveway and a detached garage, providing ample off-street parking and private outdoor space for gardening or entertaining.
CONSRISKS & DEFICIENCIES
- Limited Living Capacity
With only two bedrooms and a single bathroom, the property’s layout may be restrictive for larger families or buyers requiring a dedicated guest room or home office.
- Age-Related Maintenance
As a 1940s-era structure, the home may require ongoing attention to vintage infrastructure components that were not explicitly mentioned as replaced in the recent refresh.
About 365 Lorraine
Welcome to a beautifully refreshed home where vintage character meets modern comfort. The interior is defined by its graceful arched openings, classic brick fireplace with rich wood mantel, abundant natural light and charming architectural details, giving the home a warmth and personality that newer construction simply can’t replicate. The updated kitchen offers white cabinetry, stone countertops, stainless-steel appliances and ample storage, while refreshed bathrooms, warm wood-style flooring and modern fixtures provide a clean, move-in-ready feel throughout. Outside, the home's character continues with a covered front porch, brick accents, mature landscaping, private outdoor spaces, long driveway and detached garage. Thoughtfully updated while maintaining the details that make it special, this home offers a rare blend of timeless vintage charm and everyday functionality.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1941
- Lot Size
- 5,000 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Leandro Unified Schools
Washington Elementary School
Grades K-5 • 0.5 mi
5/10
Fred T. Korematsu Discovery Academy
Grades K-5 • 0.9 mi
3/10
Esperanza Elementary School
Grades K-5 • 0.9 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,215 | 1,384.25 |
| Lot Size | 5,000 | 5,266.528 |
| Price | $725.0K | $890.9K |
| Price per sq ft | $597 | $649 |
| Built year | 1941 | 1950 |
| HOA | $0 | $148 |
| Days on market | 16 | 39 |
Pricing History
Listed for Sale
Aug 24, 2026
$725,000
Initial Listing