1578 166th Ave, San Leandro, CA 94578

$1,450,000
3,150
SqFt

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List Price
$1,450,000
Days on Market
5
MLS#
41149763
Living Sq. Ft
3,150
Lot Size
8,800
Type
Multifamily
Zip
94578
city
San Leandro

Property Description

Over $9200 a month income (with laundry income)! Great Investment! Not under City of San Leandro rent control! Property is in unincorporated San Leandro (Ashland), which is County not City. Property features a 3 bdr 1 bath home with a triplex in the rear. Each of the 3 units in the triplex are 2 bdr 1 bath. There is a basement that could be rented as storage or other possible uses. Newly replaced asphalt (completely replaced not overlayed) last year (around $24,000). Newly replaced Sewer lateral (around $14.000) with a 20 year inspection certificate (pipe itself should last 80 years). Passed SB721 (elevated elements) inspection. Property is in an opportunity zone. All units have been updated. New 50 yr rated roof on front home and newer roof on triplex. 8 parking spaces. Home has a tankless water heater, and triplex has a new water heater. All stoves are electric. New right side fencing, partially new left side fencing, updated floors (with 2 floors installed this year), recently painted exterior, updated windows, easy to maintain landscaping and long term tenants. Tenant items in 3D video tour removed by AI for tenant privacy. Please see photos for actual images of units.

Additional Information

Exterior
Stucco
Building Type
Quadruplex
Garageparking
Covered, Off Street, Parking Lot
Lot Description
Level
Neighborhood
Ashland
Heating
Electric, Wall Furnace
Cooling
No Air Conditioning
Year Built
1963
Water Sewer
Public
Flooring
Laminate, Vinyl
Acres
0.20
Roof
Composition Shingles

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Joe Abreu from Real Estate Heroes. 510-915-8339

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