1461 150th Ave

San Leandro, CA 94578

  • 0 Bed(s)
  • 0 Bath(s)
  • 0 Sqft
  • 15200
    Sqft(Lot)
$3,200,000

Description

Listing is for both 1461 & 1475 150th ave in san leandro. 1461 & 1475 150th consists of 14 total units, comprised of two seven-unit buildings on separate parcels. the two-story structures were built in 1960 and offer tenants 12 covered parking spaces, 2 surface parking spaces as well as a community laundry room. the building has been well maintained during the current ownership’s hold period spanning more than three decades. a new owner can unlock significant upside by modernizing the already well-maintained building exterior and common areas as well as renovating units to a modern style finish on unit turnover. cap rate: 5.77% (8.21% market) / grm: 11.32 (8.77 market). cash on cash estimated at 2.96% in year 1 to grow to an estimated 17.00% over 10-year hold.

  • Property Type

    Residential Income

  • Subdivision

    Fallbrook

  • County

    Alameda

  • Style

    Residential Income

  • AD ID

    45879160

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Property Details

  • Bathroom Information

    • Total Baths: 0

    Interior Features

    • Property Appliances: Gas Water Heater

    Cooling Features

    • Air Conditioning

    Heating Source

    • Natural Gas,Wall Furnace
    • Has Heating

  • Building Information

    • Year Built: 1960
    • Construction: Brick Veneer,Stucco,Wood Siding

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.3489
    • Lot Size Source: Vendor Enhanced
    • Lot Size Square Feet: 15200

  • Listing Price Information

    • Original List Price: 3,200,000
    • Listing Contract Date: 2024-05-03

    Lease Information

  • Tax Information

    • Parcel Number: 77E160633,4
    • Annual Tax: 45402

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Gas

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood:
    • Directions: On 150th Ave, east of E 14th St Cross Street: E 14th St.
    • Source Property Type: Residential Income

    Building and Construction

    • Property Age: 64
    • Year Built Source: Vendor Enhanced
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BuyOwner last updated this listing 11/22/2024 @ 00:02

  • MLS: 41058446
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 0 sqft, 15,200 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of San Leandro , in zip code 94578, this Alameda County Home , it is in the FALLBROOK Subdivision, are nearby neighborhoods.