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Residential Income - 1991 Bancroft Ave, San Leandro, CA

$3,199,000

1991 Bancroft Ave, San Leandro, CA

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Description

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
Residential Income
Lot size
7,500 sqft

Location

1991 Bancroft Ave • San Leandro, CA 94577

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Listed by

Harry Cordiano · Flat Rate Realty

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