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Listed by Timothy Warren, DRE #02008347 • NAI Northern California
$ 5,695,000
Est. payment | /mo
15,628 SqFt
$ 5,695,000
Est. payment | /mo
15,628 SqFt
Key Details
Property Type Multi-Family, Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 15,628 sqft
Price per Sqft $364
MLS Listing ID EB41143863
Year Built 1961
Lot Size 0.854 Acres
Property Sub-Type Five or More Units
Source Bridge MLS
Property Description
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 Safewa
Location
State CA
County Alameda
Area San Leandro
Interior
Heating Wall Furnace
Cooling None
Flooring Vinyl, Carpet - Wall to Wall
Laundry Washer, Dryer
Exterior
Exterior Feature Stucco
Parking Features Spaces per Unit - >1
Garage Spaces 30.0
Roof Type Rolled Composition
Others
Tax ID 76-434-25-1
Special Listing Condition New, Not Applicable
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