955 Karol Way San Leandro, CA 94577
Old San Leandro NeighborhoodEstimated payment $37,364/month
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.
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
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 |
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: bridgeMLS
MLS Number: 41143863
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Ask me questions while you tour the home.