446 Dolores Ave, San Leandro, California 94577, San Leandro, 94577 - 5 bed, 3 bath
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San Leandro, California 94577
This Multi-Unit Residential Asset is a Strong Value Opportunity, listed at $1,388,000—positioned well below the $1,432,623 Fair Market Value by 3%. This valuation gap offers $44,623 in Instant Equity. With a Condition Rating of 3, the property features modern updates and Separate Utility Metering, ensuring operational efficiency. Its flexible 5BR/3BA layout is ideal for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through rental income in a prime San Leandro location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 446 Dolores Ave Subject | $1,388,000* List Price | 5 | 3 | 2,770 | $517 | - |
A 1552 1552 Orchard Ave Sold | $1,025,000 | 5 | 3 | 2,264 | $453 | 0.8 mi |
B 845 845 Woodland Ave Sold | $1,343,000 | 4 | 3 | 3,354 | $400 | 0.5 mi |
C 860 Superior Ave Sold | $1,289,000 | 3 | 2 | 2,085 | $618 | 0.7 mi |
D 576 576 Begier Ave Sold | $1,075,000 | 3 | 2 | 1,777 | $605 | 0.6 mi |
E 890 Linwood Way Sold | $1,008,000 | 3 | 2 | 1,693 | $595 | 0.6 mi |
F 819 Superior Ave Sold | $1,105,000 | 3 | 3 | 1,710 | $646 | 0.7 mi |
G 482 Lewis Ave Sold | $1,128,000 | 3 | 2 | 1,851 | $609 | 0.9 mi |
H 690 Dowling Blvd Active | $989,999 List Price | 5 | 2 | 2,082 | $476 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the structure dates back to 1942, the interior shows significant updates that make it move-in ready. The living areas feature modern laminate flooring and clean finishes, the bathroom has been refreshed with a newer vanity, and the kitchen, while featuring older-style cabinetry, includes updated countertops and stainless steel appliances. The presence of individual utility meters suggests maintained systems, placing it in the 5-15 year renovation category.
The property features two distinct units (3BR/2BA and 2BR/1BA), offering excellent flexibility for multi-generational living or significant rental income to offset mortgage costs.
Equipped with individual meters for water, gas, and electricity, this setup simplifies property management and reduces operational overhead for owner-investors.
Situated in the desirable Estudillo Estates, the home provides convenient access to downtown San Leandro, shopping, dining, and the 580 freeway for easy commuting.
Built in 1942, the property may require ongoing maintenance or updates to aging systems common in homes of this era to meet modern efficiency standards.
Local schools are rated between 4 and 6, which may be a consideration for families seeking top-tier academic performance in their immediate neighborhood.
Well-maintained duplex in a desirable San Leandro neighborhood, offering excellent flexibility for owner-users or investors. Rear Unit #448 features 3 bedrooms and 2 bathrooms with approximately 1,800+ sq ft, including a comfortable family/dining area and sliding doors that open to a low-maintenance yard for easy outdoor enjoyment. Front Unit #446 offers 2 bedrooms and 1 bathroom with approximately 900+ sq ft, ideal for extended living, multi-generational use, or additional income potential. The property is equipped with individual water, electric, and gas meters, providing added convenience and operational efficiency for separate living arrangements. Conveniently located near San Leandro Downtown, shopping, dining, and freeway 580, this duplex delivers both long-term value and versatile living options.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.7 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,770 | 1,429 |
| Lot Size | 7,150 | 5,130 |
| Price | $1.39M | $880.0K |
| Price per sq ft | $501 | $645 |
| Built year | 1942 | 1947 |
| HOA | $0 | $152 |
| Days on market | 5 | 36 |
Jul 17, 2026
$1,388,000
Initial Listing
Dec 21, 2001
$386,000
Public Record
Jun 21, 1999
$289,000
Public Record