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ResidentialIncome — 1991 Bancroft Ave, San Leandro, CA

$3,499,000

1991 Bancroft Ave, San Leandro, CA

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About this property

Outstanding six-unit mixed-use investment opportunity in a desirable San Leandro location. This fully occupied property features a diversified income stream with five residential units and one ground-floor commercial space. The residential mix includes three 2-bedroom/1-bath apartments, one 4-bedroom/2-bath unit, and a detached 3-bedroom/2-bath single-family residence fronting 584 Warren Avenue. The commercial space is occupied by an established business. Additional features include assigned off-street parking, coin-operated laundry, work shop and garage, separately metered tenant gas and electricity, and a prominent corner location. Conveniently situated near Downtown San Leandro, BART, shopping, dining, and major transportation routes. An excellent opportunity to acquire a strong-performing East Bay asset with residential and commercial income. Roof replacement 2024, some units remodeled and or upgraded.

Property details

Year built
1955
Property type
ResidentialIncome

Location

1991 Bancroft Ave • San Leandro, CA 94577

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Listed by

Harry Cordiano · Flat Rate Realty