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Listed by Harry Cordiano • Flat Rate Realty
$ 3,499,000
Est. payment /mo
New
1991 Bancroft Ave San Leandro, CA 94577
8,824 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 8,824 sqft
Price per Sqft $396
Subdivision Old San Leandro
MLS Listing ID 41142988
HOA Y/N No
Year Built 1955
Lot Size 7,500 Sqft
Property Sub-Type 5 or More Units
Source BAY EAST
Property 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.
Location
State CA
County Alameda
Interior
Heating Forced Air, Wall Furnace
Cooling Ceiling Fan(s), None
Flooring Hardwood, Laminate, Tile, Carpet
Fireplace Yes
Appliance Built-In Range, Refrigerator
Laundry Coin Operated, Common Area, Laundry Room
Building
Lot Description Corner Lot, Rectangular Lot
Water Public
Others
Special Listing Condition Standard

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