960 Joaquin Ave, San Leandro, California 94577, San Leandro, 94577 - 3 bed, 3 bath
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San Leandro, California 94577
This rare townhouse-style end-unit is a Prime Investment Opportunity with a List Price of $499,000—positioned well below the $518,997 Fair Market Value by 3%. This valuation gap provides $19,997 in Instant Equity for buyers ready to address the property's Fair Condition Rating. Featuring 3 bedrooms, a 2-car garage, and dual outdoor spaces including a private deck and patio, the home offers significant value-add potential through cosmetic modernization. This asset is an ideal acquisition for Fix-and-Flip Investors or first-time buyers seeking to build equity through TLC.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 960 Joaquin Ave Subject | $470,000* List Price | 3 | 3 | 1,375 | $338 | - |
A 1550 1550 Bancroft Ave 112 Sold | $437,500 | 2 | 2 | 1,430 | $306 | 0.4 mi |
B 970 970 Joaquin Ave Active | $480,000 List Price | 2 | 2 | 1,083 | $443 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1980 (44 years old) and on the market for the first time in over 20 years, the property is significantly dated. Interior images show popcorn ceilings, older carpeting, and dated linoleum flooring in the dining area. While the unit appears functional and includes newer laundry appliances, the listing explicitly states it requires 'TLC and updating,' placing it firmly in the Fair category due to age and the need for cosmetic modernization.
As a rare end-unit, this townhouse-style condo offers enhanced privacy and superior natural light compared to interior units, providing a more detached-home feel.
The property features multiple private outdoor spaces, including a patio off the kitchen and a private deck off the primary suite, which is a highly desirable feature for indoor-outdoor living.
Priced competitively for a 3-bedroom home in the Bay Area, this property offers significant opportunity for buyers to build sweat equity through cosmetic updates and TLC.
The home requires updating and repairs, which will necessitate additional upfront capital investment and may limit financing options for some buyers.
At $615 per month, the HOA dues represent a significant recurring expense that could impact the overall affordability and monthly budget for price-sensitive buyers.
Price Improvement! First time on the market in over 20 years, this rare end-unit townhouse-style condo in San Leandro offers space, privacy, and opportunity. This two-story home features 3 bedrooms and 2.5 bathrooms approximately 1,375 square feet within a small community. The desirable end-unit location provides added privacy and abundant natural light. The main living area includes a cozy wood-burning fireplace, creating a warm and inviting space to relax or entertain. Enjoy a functional layout with a private patio just off the kitchen—perfect for indoor-outdoor living. Upstairs, the spacious primary bedroom serves as a comfortable retreat, complete with its own en-suite bathroom and a private deck—ideal for morning coffee or evening relaxation.Additional highlights include a 2-car garage and off-street parking. Conveniently located near major freeways, shopping, and downtown San Leandro, offering easy access for commuters and everyday essentials, minutes away to San Leandro Bart Station. The home does need cosmetic improvements and updating, presenting a great opportunity for buyers. Priced to sell—HOA dues include water, garbage, sewer, and exterior maintenance. Don't miss this opportunity! **Please note: Home is currently being vacated, furnishings and personal items shown in prior marketing photos are no longer present**
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 83% |
| Baths | 3.0 | 2.0 | 94% |
| Square foot | 1,375 | 1,149 | 78% |
| Lot Size | 21,252 | 21,351 | 50% |
| Price | $470.0K | $455.0K | 56% |
| Price per sq ft | $342 | $399 | 33% |
| Built year | 1980 | 1981 | 50% |
| HOA | $615.0 | $608 | 50% |
| Days on market | 37 | 116 | 11% |
May 22, 2026
$470,000
$499,000
-6% Price Drop
Initial Listing
Apr 30, 2026
$499,000
Initial Listing