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16118 Mateo St St, San Leandro, CA 94578
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$1,530,000
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Home Details for 16118 Mateo St St
Price
$1,530,000
Type
other
Year Build
1957
Lot Size
0.3289
County
Alameda
MLS®️ Listing#
41104875
On exitrealty.com
149 days
Property Description
7.03% Cap Rate! 16118 Mateo Street is a 6-unit multi-family property located in the desirable city of San Leandro. This building presents a fantastic investment opportunity, offering spacious and private units, each separated by a garage—ensuring no shared walls and enhanced tenant privacy. Features include in-unit washers and dryers, individual direct-access garages, and vinyl windows. Three units have been recently remodeled. Tenants pay for ALL utilities, including electricity, gas, water, AND garbage, minimizing operational expenses. This is a rare opportunity to acquire a well-located turnkey asset with excellent day-1 cash flow. 16118 Mateo Street offers easy access to I-580 and I-880, providing seamless commutes throughout the Bay Area. The property is just 0.6 miles from the Bayfair BART station, ensuring quick connections to Oakland and San Francisco. Tenants enjoy convenient shopping and dining with Bayfair Center, San Leandro Plaza, and downtown San Leandro all nearby. This well-connected location enhances rental demand and long-term investment potential.
- Cooling Information
- None
- Heating Information
- Wall Furnace
Listing Courtesy: NAI Northern California - 510-336-4712. Presented by: Timothy Warren
Based on information from California Regional Multiple Listing Service, Inc. as of 2025-10-30 17:15:24 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Market statistics compiled from data from California Regional MLS.
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EXIT REALTY CONSULTANTS
1822 W. Olive, Merced, CA 95348
Licensed in the state of California.
CA DRE# 01424183. Kris Klair Broker.
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$1,530,000
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EXIT REALTY CONSULTANTS
1822 W. Olive, Merced, CA 95348
Licensed in the state of California.
CA DRE# 01424183. Kris Klair Broker.