$5,695,000

Estimated payment $37,364/month

Total Views 3,684
-- Beds
-- Baths
15,628 Sq Ft
$364 Price per Sq Ft

Highlights

  • 37,200 Sq Ft lot
  • Cul-De-Sac
  • Wall Furnace
  • No HOA
  • Carpet

About This Home

Pleased to present 955 Karol Way, a well-maintained 19-unit multifamily property situated on a large 37,200 square foot lot in San Leandro. The property features an attractive unit mix of sixteen (16) 2-bedroom/1-bathroom units and three (3) 2-bedroom/1.5-bathroom townhome units, 16 of which have been renovated. A true turnkey asset, the property has benefited from extensive capital improvements, including a new TPO roof, copper plumbing, updated electrical, seismic upgrades, and vinyl dual-pane windows. The oversized lot provides 30+ on-site parking spaces, including three garages, and additional income is generated through on-site laundry. The property represents an exceptional investment opportunity in one of the East Bay's most established rental markets. 955 Karol Way is ideally located less than one mile from Downtown San Leandro and the San Leandro BART Station, providing residents with convenient access to Downtown Oakland, San Francisco, and Silicon Valley. The property also offers immediate access to Interstate 580, Interstate 880, and State Route 185, making commuting throughout the Bay Area seamless. Residents enjoy proximity to a growing collection of restaurants and retail, including Fieldwork Brewing Company, Paradiso Restaurant, Zocalo Coffeehouse, and the Safeway Shopping Center, along with neighborhood parks, schools, and everyday conveniences. Combining excellent transportation access with a vibrant downtown and strong rental demand, the property is well positioned in one of the East Bay's most established multifamily markets.

Listing Agent

Timothy Warren

Nai Northern California License #02008347 Listed on: 08/04/2026

Nai Northern California

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1961

Lot Details

  • 37,200 Sq Ft Lot
  • Cul-De-Sac

Home Design

  • Rolled or Hot Mop Roof
  • Stucco

Flooring

  • Carpet
  • Vinyl

Laundry

  • Dryer
  • Washer

Utilities

  • No Cooling
  • Wall Furnace

Community Details

  • No Home Owners Association
  • 19 Units
  • Mulford Subdivision

Listing and Financial Details

  • Assessor Parcel Number 76434251

Property Details

Home Type

Apartment

Year Built

Built in 1961

Lot Details

0.85 Acres

Listing Details

  • Year Built: 1961
  • Property Sub Type: Apt Complex
  • Prop. Type: Commercial Sale
  • Subdivision Name: Mulford
  • Directions: From I~880, take Davis St east, right on Dutton Ave, left on Karol Way...
  • Garage Yn: No
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Carpet
  • Appliances: Dryer, Washer

Exterior Features

  • Roof: Rolled/Hot Mop
  • Lot Features: Cul-De-Sac
  • Construction Type: Stucco

Garage/Parking

  • Parking Features: Space Per Unit - 2

Utilities

  • Heating: Wall Furnace
  • Cooling: None
  • Cooling Y N: No
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 37200
  • Parcel Number: 76434251

Multi Family

  • Number Of Units Total: 19

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $73,111 $5,059,776 $1,518,959 $3,540,817
2025 $73,111 $4,960,587 $1,489,182 $3,471,405
2024 $69,850 $4,863,326 $1,459,984 $3,403,342
2023 $69,021 $4,767,991 $1,431,364 $3,336,627
2022 $67,215 $4,685,056 $1,403,299 $3,271,203
2021 $64,838 $4,593,409 $1,375,786 $3,217,623
2020 $62,885 $4,546,434 $1,361,684 $3,184,750
2019 $61,061 $4,456,553 $1,334,989 $3,121,564
2018 $59,784 $4,369,391 $1,308,823 $3,060,568
2017 $58,354 $4,283,905 $1,283,160 $3,000,745
2016 $33,199 $2,271,945 $793,216 $1,478,729
2015 $32,590 $2,237,922 $781,308 $1,456,614
2014 $32,251 $2,194,213 $766,010 $1,428,203
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/04/2026 08/04/26 For Sale $5,695,000 -- $364 / Sq Ft
Source: bridgeMLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Grant Deed $4,200,000 Old Republic Title Company
Grant Deed $2,097,500 Old Republic Title Company
Grant Deed -- Financial Title Company
Grant Deed $250,000 Placer Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $4,130,000 Commercial
Closed $3,150,000 Commercial
Previous Owner $1,468,250 Commercial
Previous Owner $1,200,000 Commercial
Previous Owner $400,000 Commercial
Previous Owner $500,000 Commercial
Source: Public Records

Source: bridgeMLS

MLS Number: 41143863

bridgeMLS
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