
San Leandro, California 94577
This High-Potential Investment Opportunity is listed at a List Price of $489,000, positioned slightly above the $476,212 Fair Market Value. While the property requires modernization, its Condition Rating of 4 and 1,228 square feet of living space provide a solid foundation for value-add renovations. Featuring a top-floor layout with hill views and a private deck, this unit offers significant lifestyle appeal in a prime downtown location. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers looking to build equity through cosmetic updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 400 Davis 301 Subject | $475,000* List Price | 2 | 2 | 1,228 | $389 | - |
A 1563 Carpentier Sold | $490,000 | 2 | 2 | 1,123 | $436 | 0.3 mi |
B 260 Estabrook St Sold | $493,000 | 2 | 2 | 1,200 | $411 | 0.7 mi |
C 1550 1550 Bancroft Ave 112 Sold | $437,500 | 2 | 2 | 1,430 | $306 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1982, this 42-year-old unit is dated and mostly original. While the kitchen has seen partial updates with stone countertops and stainless steel appliances, the oak cabinetry, bathroom vanities, and popcorn ceilings are characteristic of the original construction and require modernization.
Situated in the heart of San Leandro, this property offers exceptional walkability to local shops, dining, and public transit, providing a highly convenient urban lifestyle.
As a top-floor unit, the residence ensures no overhead neighbors and features desirable views of the hills, enhancing both quietude and aesthetic appeal.
With 1,228 square feet, this two-bedroom unit provides a spacious layout that is significantly larger than many standard condominiums in the same price bracket.
The monthly HOA fee of $661 is relatively high for the area, which may impact the overall monthly affordability and debt-to-income ratio for buyers.
Built in 1982, the property may lack the modern energy-efficient systems and contemporary architectural features found in newer residential developments.
Top floor unit with views of the hills. Prime downtown location!! Excellent condition!!
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.8 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,228 | 1,023.786 |
| Lot Size | - | 32,978 |
| Price | $475.0K | $448.3K |
| Price per sq ft | $387 | $447 |
| Built year | 1982 | 1984 |
| HOA | $661.0 | $544 |
| Days on market | 40 | 61 |
Aug 31, 2026
$475,000
$489,000
-3% Price Drop
Initial Listing
Jul 31, 2026
$489,000
Initial Listing
Jun 25, 2008
$240,000
Public Record
Mar 19, 2004
$340,000
Public Record
Oct 3, 2001
$260,000
Public Record