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listing
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Single FamilyFor Sale
$3,600,000
1461 150Th Ave
San Leandro, CA 94578
Listed by: Joseph Owens from Marcus & Millichap, (510) 379-1200
MLS: Bay East Contra Costa (BECCAR)
9,492Sq Ft
Est. Mortgage
$18,683/mo

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.

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Information courtesy of Marcus & Millichap is subject to verification and is not guaranteed.
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