850 Melcher St, San Leandro, California 94577, San Leandro, 94577 - 3 bed, 1 bath
850 Melcher St
San Leandro, California 94577
Property Price
SUMMARY
Analysis of 850 Melcher St, San Leandro, California 94577 reveals a Fairly Priced Property with a current list price of $799,999 aligned with the estimated $782,002 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the San Leandro Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 850 Melcher St Subject | $799,999* List Price | 3 | 1 | 1,024 | $764 | - |
A 2258 Sitka St Sold | $830,000 | 3 | 2 | 1,042 | $797 | 1.0 mi |
B 1223 Wainwright Ave Sold | $775,000 | 2 | 2 | 1,158 | $669 | 0.5 mi |
C 1783 Pacific Ave Sold | $780,000 | 3 | 1 | 1,028 | $759 | 1.0 mi |
D 804 Arthur Ave Sold | $730,500 | 3 | 1 | 950 | $769 | 0.4 mi |
E 1535 Valley St Sold | $821,000 | 3 | 2 | 1,279 | $642 | 0.6 mi |
F 1646 Brookside Dr Active | $788,000 List Price | 3 | 2 | 1,243 | $634 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1943, the property has undergone a recent and extensive renovation. The description explicitly states an 'updated kitchen, featuring quartz countertops, stainless steel appliances, and an open, modern footprint' and a 'refreshed bathroom delivers that “new home” feel.' The images confirm this with new-looking hardwood/laminate flooring throughout, recessed lighting, modern ceiling fans, fresh paint, and contemporary kitchen and bathroom fixtures (e.g., subway tile backsplash, modern faucet, dual shower head). The exterior also appears freshly painted with new fencing. All visible components are new or virtually new, meeting current quality standards, indicating a full recent renovation.
PROSSTRENGTHS & OPPORTUNITIES
- ADU Potential
The property offers significant Accessory Dwelling Unit (ADU) potential, providing a valuable opportunity for future expansion or rental income.
- Modernized Kitchen
Features a fully updated kitchen with quartz countertops, stainless steel appliances, and an open, modern footprint, appealing to contemporary tastes.
- Desirable Location
Situated in a quiet San Leandro neighborhood with convenient access to parks, schools, and major commuter routes, enhancing lifestyle and connectivity.
CONSRISKS & DEFICIENCIES
- Single Bathroom
The property features only one bathroom for three bedrooms, which may be a functional limitation for families or multiple occupants.
- Age of Property
Built in 1943, the home's age may imply potential for older infrastructure or require ongoing maintenance typical of properties from this era.
- Modest Living Space
With 1024 square feet, the interior living space is relatively modest for a three-bedroom home, potentially limiting spaciousness for some buyers.
About 850 Melcher St
Welcome to 850 Melcher St — a charming 3BD/1BA single-story home brimming with character and ADU potential. Nestled on a generous lot in a quiet San Leandro neighborhood, this inviting residence offers a comfortable, well-designed layout. Step inside to a welcoming living room that flows seamlessly into the updated kitchen, featuring quartz countertops, stainless steel appliances, and an open, modern footprint—perfect for everyday living and entertaining. Three spacious bedrooms provide ample comfort, while the refreshed bathroom delivers that “new home” feel. Conveniently located near parks, schools, and major commuter routes, this property blends charm, location, and opportunity—ready for you to make it your own.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1943
- Lot Size
- 5,561 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
Madison Park Academy Tk-5
Grades K-5 • 0.5 mi
Wilson Elementary School
Grades K-5 • 0.9 mi
John Muir Middle School
Grades 6-8 • 0.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 25% |
| Square foot | 1,024 | 1,502 | 10% |
| Lot Size | 5,561 | 5,561 | 50% |
| Price | $800.0K | $862.7K | 27% |
| Price per sq ft | $781 | $596 | 91% |
| Built year | 1943 | 1943 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 148 | 158 | 40% |
Pricing History
Listed for Sale
Oct 26, 2025
$799,999
$775,000
+3% Price Increase
Initial Listing
Price Change
Oct 10, 2025
$775,000
Initial Listing