483 Joaquin Avenue, San Leandro, CA 94577

$1,425,000

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List Price
$1,425,000
Status
ACTIVE
MLS#
ML82065953
Year Built
1964
Lot Size
7,200
Acres
0.17
Days on Market
1
Property Type
Commercial

Property Description

Five Unit Property with Highly Desirable Unit Mix Near San Leandro Bart Station! 483 Joaquin Ave is a (5) unit apartment building within walking distance of Downtown San Leandro. Built in 1964, the two-story building offers 3,897 sq ft on a 7,158 sq ft lot. The unit mix includes (1) 3 bed 2 bath, (1) 2 bed 1 bath and (3) 1 bed 1 bath units. Three of the five units have been renovated and every unit has updated Square D electrical sub panels. Tenants pay their own gas and electric, and the owner covers water, sewer, garbage and the shared gas for the water heater and laundry. The property offers six tuck-under parking spaces plus one uncovered space, an on-site coin-operated laundry, and low-maintenance landscaping. San Leandro BART is under a mile away with direct trains to San Francisco, Oakland and San Jose. Interstates 580 and 880 are minutes away and Oakland Airport is about 12 minutes by car. Sprouts, Safeway and Downtown San Leandro shops and restaurants are a short walk away. Nearby are Bancroft Middle School, San Leandro High School, Kaiser Permanente and San Leandro Hospital, with Lake Chabot Regional Park a short drive away. A strong fit for a buyer seeking an easy to manage East Bay property with stable cash flow.

Additional Information

Taxes
$17,539
Heat
Wall Furnace
Cooling
Yes
Roof
Flat
School District
Other
Attached Structure
Detached
Gross Scheduled Income
$132,696

Listing courtesy of Listing Agent: Tony Zizzo (tony.zizzo@compass.com) from Listing Office: Compass.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.