1991 Bancroft AveSan Leandro, CA 94577

Description

Outstanding six-unit mixed-use investment opportunity in a desirable San Leandro location. This fully occupied property features a diversified income stream with five residential units and one ground-floor commercial space. The residential mix includes three 2-bedroom/1-bath apartments, one 4-bedroom/2-bath unit, and a detached 3-bedroom/2-bath single-family residence fronting 584 Warren Avenue. The commercial space is occupied by an established business. Additional features include assigned off-street parking, coin-operated laundry, work shop and garage, separately metered tenant gas and electricity, and a prominent corner location. Conveniently situated near Downtown San Leandro, BART, shopping, dining, and major transportation routes. An excellent opportunity to acquire a strong-performing East Bay asset with residential and commercial income. Roof replacement 2024, some units remodeled and or upgraded.

Property Information

Property type

Residential Income

Sub-type

Multi Family

Year built

1955

Living area

8,824 Sq Ft

Lot size

0.17 acres

Parking spaces

12

Days on market

5

MLS^® Listing#

41153316

Property Features

Interior

Storage

Appliances

Range · Built-In Range · Refrigerator

Cooling

Ceiling Fan(s) · None

Heating

Forced Air · Wall Furnace

Flooring

Hardwood · Laminate · Tile · Carpet

Basement

Partial

Parking

Detached · Off Site · Parking Lot · Alley Access · Garage

Laundry

Common Area · Laundry Room

Lot features

Corner Lot · Rectangular Lot

Construction

Brick · Stucco

Roof

Shingle

Security

Carbon Monoxide Detector(s) · Smoke Detector(s)

Sewer

Public Sewer

Water source

Public

Financial Details

HOA

None

Parcel number

7757221