Property Detail

1578 166Th Ave

San Leandro CA 94578

$1,450,000

Status: Active

Property Details

Description

Great Investment! Over $9200 a month income (with laundry income)! 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 (3 units) 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 potential ADU conversion (check with County of Alameda). Newly replaced asphalt las t year (completely replaced not overlaid - $24,000). Newly replaced Sewer lateral (around $14.000) with a 20 year inspection certificate (pipe itself should last 80 years). Passed SB721 stairs & walkway inspection (elevated elements inspection). Property is in an opportunity zone.. All units have been updated. New roof (50 yr rated shingles) on front home and newer roof (around 14 yrs old) 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. Property 3D Tour: https://my.matterport.com/show/?m=fqscmps8ansh9q7gr6e2nr4pd&brand=0 Tenant items in 3D video tour removed by AI for tenant privacy. Please see photos for actual images of units.

Map Location

Stowell & Associates

Stowell & Associates

CA DRE# 01397481
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