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951-955 Karol Way
San Leandro, CA 94577 Old San Leandro

$5,695,000 USD

Apartments For Sale  •  18,600 SF

Property Details

  • Property Type Apartments
  • Total Building Size 18,600 SF
  • Lot Size 0.85 AC
  • Building Class C
  • Year Built 1961
60 Transit Score
60 Walk Score

Highlights

19-unit multifamily property on a 37,200 SF lot with 30+ on-site parking spaces
Attractive unit mix of sixteen (16) 2BD/1BA units and three (3) 2BD/1.5BA townhome units
Extensive capital improvements, including a new TPO roof, copper plumbing, updated electrical, seismic upgrades, and vinyl dual-pane windows
16 of 19 units renovated, minimizing near-term capital expenditures
Walking distance to Downtown San Leandro and the San Leandro BART Station with convenient access to I-580 and I-880
Additional income from on-site laundry with long-term upside through continued market rent growth

Amenities

  • Cable Ready
  • Dishwasher
  • Laundry Facilities
  • Microwave
  • Playground
  • Heating
  • High Speed Internet Access
  • Refrigerator
  • Range
  • Storage Space
  • Smoke Free

Public Transportation

Commuter RailDriveWalkDistance
13 min - 6.7 mi
13 min - 6.8 mi
Transit/SubwayDriveWalkDistance
San Leandro Station (Dublin/Pleasanton - Millbrae - Bay Area Rapid Transit (BART), Fremont - Daly City - Bay Area Rapid Transit (BART), Fremont - Richmond - Bay Area Rapid Transit (BART)) 4 min 18 min 0.9 mi
AirportDriveWalkDistance
Metro Oakland International 11 min - 5.3 mi
San Francisco International 39 min - 28.5 mi
Norman Y Mineta San Jose International 44 min - 33.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 15
Type: Surface
Included in Rent: Yes
Timothy Warren 707-363-2463 NAI Northern California
Timothy Warren 707-363-2463 NAI Northern California