3980 Mission Way, San Leandro, California 94578, San Leandro, 94578 - 3 bed, 1 bath
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3980 Mission Way
San Leandro, California 94578
ACTIVE
CONDITION: FAIR
3Beds
1Baths
1,076Sq Ft
5,225Lot Size
Property Price
LIST PRICE$688,888
EST. MARKET VALUE
$708,996
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $688,888—positioned well below the $708,997 Fair Market Value by 2%. This valuation gap offers $20,109 in Instant Equity. Featuring a Fair Condition Rating, the home includes recent interior updates and a large lot with ADU Expansion Potential. Located near Monroe Elementary, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build long-term wealth through strategic improvements.
Estimated Market Value
$708,996
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 |
|---|---|---|---|---|---|---|
★ 3980 Mission Way Subject 3 bd · 1 ba · 1,076 sqft · $659 | $688,888* List Price | 3 | 1 | 1,076 | $659 | - |
A 426 Lloyd Ave Sold 3 bd · 1 ba · 1,008 sqft · $754 · 0.3 mi | $760,000 | 3 | 1 | 1,008 | $754 | 0.3 mi |
B 930 Castle St Sold 3 bd · 2 ba · 1,352 sqft · $630 · 0.7 mi | $852,000 | 3 | 2 | 1,352 | $630 | 0.7 mi |
C 824 Moraga Dr Pending 3 bd · 2 ba · 1,114 sqft · $781 · 0.4 mi | $870,000 List Price | 3 | 2 | 1,114 | $781 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The property was built in 1954 and, while it features recent cosmetic improvements such as refinished hardwood floors, new paint, and updated light fixtures, there is no evidence of recent renovations to the kitchen, bathroom, or major mechanical systems. At 70 years old, the home is functional and move-in ready but remains dated and will likely require significant updates to its core systems and wet areas.
PROSSTRENGTHS & OPPORTUNITIES
- Recent Interior Updates
The home features newly refinished hardwood floors, fresh interior paint, and updated light fixtures, offering a clean, move-in-ready aesthetic for immediate occupancy.
- ADU & Expansion Potential
The generous 5,225 sqft lot provides ample space for outdoor entertaining and specifically offers the potential to add an Accessory Dwelling Unit (ADU) for rental income or multi-generational living.
- Prime Neighborhood Location
Situated in the desirable Floresta Gardens, the property is just 0.3 miles from Monroe Elementary and offers excellent proximity to major transportation routes, shopping, and dining.
CONSRISKS & DEFICIENCIES
- Single Bathroom Limitation
With three bedrooms but only one bathroom, the layout may be restrictive for growing families and could impact the property's competitive edge against homes with a second bath.
- Compact Living Space
At 1,076 square feet, the interior footprint is relatively modest for a three-bedroom residence, which may limit furniture configurations and overall storage capacity.
About 3980 Mission Way
Welcome to 3980 Mission Way, located in San Leandro’s desirable Floresta Gardens neighborhood! This charming 3-bedroom, 1-bath home offers a comfortable floor plan featuring a spacious living room, separate dining room, and an attached two-car garage. The hardwood floors were just refinished, most interior light fixtures are new and the interior was just repainted. The generously sized backyard provides plenty of room for outdoor entertaining, gardening, or future expansion, including the potential for an accessory dwelling unit (ADU). Whether you're looking to move right in, personalize the home to your taste, or explore its possibilities for future growth, this property offers an excellent opportunity. Conveniently located near shopping, dining, schools, parks, and major transportation routes, making commuting and everyday errands a breeze. Enjoy the charm of an established neighborhood combined with the convenience of a central San Leandro location. A wonderful opportunity to make this home your own!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1954
- Lot Size
- 5,225 Sq. Ft.
Interior
- Total Bedrooms
- 3
- 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
Monroe Elementary School
Grades K-5 • 0.3 mi
5/10
John Muir Middle School
Grades 6-8 • 1.9 mi
5/10
San Leandro High School
Grades 9-12 • 1.5 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,076 | 1,438.5 |
| Lot Size | 5,225 | 5,361.86 |
| Price | $688.9K | $895.2K |
| Price per sq ft | $640 | $624 |
| Built year | 1954 | 1950 |
| HOA | $0 | $159 |
| Days on market | 9 | 38 |
Pricing History
Listed for Sale
Oct 15, 2026
$688,888
Initial Listing