400 Davis St 103, San Leandro, California 94577, San Leandro, 94577 - 2 bed, 2 bath
ACTIVE$349,950
400 Davis St 103, San Leandro, California 94577
2Beds
2Baths
1,224Sqft
Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Aggressive Pricing: The property is currently priced significantly below comparable units and has undergone multiple price reductions, indicating a strong value proposition for potential buyers.
Top Cons:
Requires Cosmetic Work: The property explicitly states it will need cosmetic work, implying additional investment and effort from the buyer to modernize or personalize the space.
Compared to the nearby listings
Price:$349.9K vs avg $472.0K ($-122,050)20%
Size:1,224 sqft vs avg 1,206 sqft50%
Price/sqft:$286 vs avg $40610%
More Insights
Built in 1982 (43 years old).
Condition: Built in 1982, this property is over 40 years old and shows clear signs of being largely original or having very dated renovations. The listing explicitly states it 'will need cosmetic work' and the seller is offering credits for 'paint and carpet,' confirming the need for updates. Images reveal popcorn ceilings, a dated stone fireplace, worn carpet, and a bathroom with 1980s-era vanity, lighting, flooring, and shower doors. While functional, the property requires significant aesthetic updates to meet current standards, aligning with the 'Fair' condition criteria for an aged home maintained through regular upkeep but with outdated major components and no major renovations since construction.
Year Built
1982
Close
-
List price
$350K
Original List price
$475K
Price/Sqft
$286
HOA
$661
Days on market
-
Sold On
-
MLS number
41110799
Home ConditionFair
Features
View-
About this home
Priced way below comps. No special assessments. Motivated Seller, bring us an offer. Seller will credit Buyer for paint and carpet. Great opportunity to get this 2 bedroom 2 bath unit priced to sell. It will need cosmetic work but is well set up with 2 Bedrooms, 2 baths, Security Parking and entry. Located in downtown San Lerandro this is walking distance to shops, dining, BART and freeway access. Priced to sell so get your offers.
Nearby schools
5/10
Washington Elementary School
Public,•K-5•0.5mi
6/10
Wilson Elementary School
Public,•K-5•0.8mi
4/10
McKinley Elementary School
Public,•K-5•0.8mi
4/10
Bancroft Middle School
Public,•6-8•0.7mi
5/10
John Muir Middle School
Public,•6-8•0.9mi
5/10
San Leandro High School
Public,•9-12•1.1mi
Condition Rating
Fair
Built in 1982, this property is over 40 years old and shows clear signs of being largely original or having very dated renovations. The listing explicitly states it 'will need cosmetic work' and the seller is offering credits for 'paint and carpet,' confirming the need for updates. Images reveal popcorn ceilings, a dated stone fireplace, worn carpet, and a bathroom with 1980s-era vanity, lighting, flooring, and shower doors. While functional, the property requires significant aesthetic updates to meet current standards, aligning with the 'Fair' condition criteria for an aged home maintained through regular upkeep but with outdated major components and no major renovations since construction.
Pros & Cons
Pros
Aggressive Pricing: The property is currently priced significantly below comparable units and has undergone multiple price reductions, indicating a strong value proposition for potential buyers.
Seller Incentives: The seller is offering a credit for paint and carpet, directly assisting the buyer with immediate cosmetic updates and reducing upfront costs.
Prime Downtown Location: Situated in downtown San Leandro, the unit offers excellent walkability to shops, dining, BART, and convenient freeway access, enhancing its lifestyle appeal.
No Special Assessments: The absence of special assessments provides financial security and predictability for buyers, avoiding unexpected additional costs.
Functional Layout & Security: The unit features a practical 2-bedroom, 2-bathroom layout and includes security parking and entry, offering convenience and peace of mind.
Cons
Requires Cosmetic Work: The property explicitly states it will need cosmetic work, implying additional investment and effort from the buyer to modernize or personalize the space.
High Association Fee: The monthly association fee of $661.0 is substantial and adds a significant recurring cost to homeownership.
Extended Market Time / Price Reductions: A history of multiple significant price drops and the 'Motivated Seller' status suggest the property has faced challenges in selling, potentially due to its condition or initial pricing strategy.