• 1461 150th Ave San Leandro, CA 94578

  • $3,600,000
  • 0
    Bed(s)
  • 0
    Baths
  • 0
    Sq Ft
  • 15200
    Sqft
  • Listed By: Joseph Owens, Marcus & Millichap, DRE #01707768
  • Source: CRMLS

Listing is for both 1461 & 1475 150th Ave in San Leandro. 1461 & 1475 150th consists of 14 total units, comprised of two seven-unit buildings on separate parcels. The two story structures were built in 1960 and offer tenants 12 covered parking spaces, 2 surface parking spaces as well as a community laundry room. The building has been well maintained during the current ownership’s hold period spanning more than three decades. A new owner can unlock significant upside by modernizing the already well-maintained building exterior and common areas as well as renovating units to a modern style finish on unit turnover. Market Cap Rate: 7.16% / Market GRM: 9.87.

Property Type :

Residential Income

Subdivision :

Fallbrook

County :

Alameda

Style :

Residential Income

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Property Details

 

Bathroom Information

Total Baths: 0

Interior Features

Property Appliances: Gas Water Heater

Cooling Features

Air Conditioning

Heating Source

Natural Gas,Wall Furnace

Has Heating

Building Information

Year Built: 1960

Construction: Brick Veneer,Stucco,Wood Siding

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.3489

Lot Size Source: Vendor Enhanced

Lot Size Square Feet: 15200

Listing Price Information

Original List Price: 3,600,000

Listing Contract Date: 2024-05-03

Lease Information

Tax Information

Parcel Number: 77E160633,4

Annual Tax: 50082

Garage and Parking

Homeowners Association

Rental Info

Lease Term: Negotiable

Tenant Pays: Gas

Other Property Info

Source Listing Status: Active

Source Neighborhood:

Directions: On 150th Ave, east of E 14th St Cross Street: E 14th St.

Source Property Type: Residential Income

Building and Construction

Property Age: 64

Year Built Source: Vendor Enhanced

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ByOwner last updated this listing 05/18/2024 @ 23:18

MLS: 41058446
LISTED BY: Joseph Owens, Marcus & Millichap
SOURCE: CRMLS
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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