$998,000

Estimated payment $6,442/month

Total Views 7,896
3 Beds
3 Baths
1,501 Sq Ft
$665 Price per Sq Ft

About This Home

Investors dream in the heart of San Leandro! This well-maintained triplex is a rare opportunity to own a cash-flowing property with upside potential. Featuring three updated units, two currently tenant-occupied and generating strong rental income, this property already offers a solid cap rate. One unit is vacant and move-in ready, providing flexibility for owner-occupancy or added rental income. Each unit has been thoughtfully upgraded, offering modern finishes, comfort, and style. The property also includes a spacious yard, garage, ample off-street parking, and partial views, adding extra value for tenants and owners alike. Whether youre a first-time investor or a seasoned portfolio builder, this triplex is ideal for those seeking a property that essentially pays for itself, with plenty of upside in a desirable and convenient location. Close to shopping, BART, freeways, and schools dont miss this excellent investment opportunity!

Listing Agent

Michael Dhanuwidjaja

eXp Realty of California Inc License #02164781 Listed on: 05/29/2025

eXp Realty of California Inc

Co-Listing Agent

Alexander Chan

eXp Realty of California Inc License #02130862

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,185

Year Built

  • 1949

Parking

  • 2 Car Garage
  • Assigned Parking

Home Design

  • Triplex
  • Slab Foundation

Interior Spaces

  • 1,501 Sq Ft Home
  • 2-Story Property

Additional Features

  • 2,640 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Month-to-Month Lease Term

Community Details

Overview

Building Details

  • 2 Leased Units
  • Insurance Expense $1,400
  • Utility Expense $5,000
  • Operating Expense $18,586
  • Gross Income $64,920

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,185

Year Built

1949

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1-RV-HO
  • Subclass: Triplex
  • Age: 76
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1501
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1949

Interior Features

  • Living Sq Ft: 1501
  • Stories: 2

Exterior Features

  • Foundation: Concrete Slab

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 3
  • Garage Parking Features: Assigned Spaces, Attached Garage, Parking Area

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: San Lorenzo Unified

Lot Info

  • Lot Acres: 0.0606
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2638.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 2638.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month
  • Gross Rent Multiplier: 15.37
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1400
  • Expenses Total: 18586
  • Expenses Utility: 5000
  • Income Annual Gross: 64920.00
  • Income Annual Rental: 64920
  • Income Gross Scheduled: 64920
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Utilities - Electric, Utilities - Gas, Utilities - Water
  • Tenant Expenses: Services - Trash Removal

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,185 $889,541 $266,862 $622,679
2024 $12,185 $872,100 $261,630 $610,470
2023 $10,652 $745,000 $275,000 $470,000
2022 $2,987 $92,156 $46,633 $45,523
2021 $2,609 $90,349 $45,719 $44,630
2020 $2,486 $89,423 $45,250 $44,173
2019 $2,428 $87,670 $44,363 $43,307
2018 $2,226 $85,950 $43,493 $42,457
2017 $2,123 $84,265 $42,640 $41,625
2016 $2,014 $82,613 $41,804 $40,809
2015 $1,950 $81,372 $41,176 $40,196
2014 $1,907 $79,779 $40,370 $39,409
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 For Sale $998,000 0.0% $665 / Sq Ft
05/30/2025 05/30/25 Off Market $998,000 -- --
05/29/2025 05/29/25 For Sale $998,000 +16.7% $665 / Sq Ft
02/04/2025 02/04/25 Off Market $855,000 -- --
06/21/2023 06/21/23 Sold $855,000 +0.7% $570 / Sq Ft
05/12/2023 05/12/23 Pending -- -- --
04/25/2023 04/25/23 For Sale $849,000 -- $566 / Sq Ft
Source: MLSListings

Purchase History

Date Type Sale Price Title Company
Grant Deed $855,000 Chicago Title
Grant Deed $500,000 Chicago Title
Interfamily Deed Transfer -- First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $778,387 FHA
Previous Owner $350,000 New Conventional
Previous Owner $288,000 New Conventional
Previous Owner $238,000 Purchase Money Mortgage
Previous Owner $141,161 Unknown
Closed $276,500 No Value Available
Source: Public Records

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Source: MLSListings

MLS Number: ML82008932

MLSListings

APN: 080A-0220-032-00