995 Karol Way, San Leandro, California 94577, San Leandro, 94577 - 0 bed, 0 bath
Loading property details...
San Leandro, California 94577
This duplex presents a Strong Value Opportunity with a List Price of $1,295,000—positioned well below the $1,384,875 Fair Market Value by 6%. This valuation gap offers $89,875 in Instant Equity for the savvy buyer. Featuring a Fair Condition Rating and 1991 construction, the property offers significant upside for interior modernization. With its spacious 2,792 SF layout and proximity to downtown San Leandro, this is a prime asset for Buy-and-Hold Investors or Owner-Occupants seeking a high-potential, value-add investment.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 995 Karol Way Subject | $1,295,000* List Price | 0 | 0 | 2,792 | $496 | - |
A 209 Dabner St Active | $1,128,000 List Price | 0 | 0 | 2,473 | $456 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1991, the property is 33 years old, placing it in the 'Fair' category (>20y). While the exterior and roof appear well-maintained in photos, the listing description explicitly mentions the 'opportunity to add modern upgrades,' which indicates that the kitchens, bathrooms, and internal systems are likely original and dated.
Built in 1991, this property offers newer structural standards and systems compared to typical older Bay Area multi-family stock, reducing immediate maintenance concerns.
Situated near downtown San Leandro with easy access to transit and major employment hubs, ensuring high tenant demand and long-term rental stability.
With a total of 2,792 square feet, each 2-bedroom unit provides a spacious layout that is significantly larger than average, appealing to premium renters or owner-users.
Local public schools carry average ratings (4-6), which may limit the property's appeal to families specifically seeking top-performing school districts.
The property is positioned as an opportunity for modern upgrades, suggesting that the current interior finishes may require additional capital investment to achieve peak market rents.
Introducing 995 Karol Way, a well-positioned duplex investment in the heart of San Leandro. This 2,792 SF property features two spacious units, each offering 2 bedrooms and 1.5 bathrooms, offering excellent flexibility for high rental income or an owner-user setup. Built in 1991, it offers modern construction and the opportunity to add modern upgrades, unlocking additional value. Located near downtown San Leandro, the property offers convenient access to shopping, dining, transit, and major employment centers throughout the Bay Area, supporting consistent tenant demand and long-term stability. With a constrained local housing supply and steady rent growth, 995 Karol Way stands out as a compelling duplex in a market where well-located properties remain highly sought after.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 2,792 | 4,999 |
| Lot Size | 5,125 | 7,991 |
| Price | $1.29M | $1.09M |
| Price per sq ft | $464 | $344 |
| Built year | 1991 | 1975 |
| HOA | $0 | $0 |
| Days on market | 44 | 58 |
Jun 9, 2026
$1,295,000
Initial Listing
Dec 31, 2014
$630,000
Public Record