1510 165th Ave, San Leandro, California 94578, San Leandro, - bed, bath
ACTIVE$1,150,000
1510 165th Ave, San Leandro, California 94578
0Bed
0Bath
Sqft
8,799Lot
Year Built
1945
Close
-
List price
$1.15M
Original List price
$1.18M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
41102356
Home ConditionFair
Features
Patio
View-
About this home
Elevate your investment portfolio with this stunning property boasting exceptional annual percentage returns. This well-maintained triplex offers ample parking and is ideally situated close to both the 238 and 580 freeways, providing the perfect blend of convenience and tranquility. Whether you choose to reside in the vacant front unit or rent it out for additional income, the possibilities are endless. The property also includes a spacious plot and storage room. This investment opportunity yields over $90,000 of rental income annually. All of this can be yours for just $1,150,000.
Price History
Date
Event
Price
09/17/25
Price Change
$1,150,000
06/21/25
Listing
$1,180,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (7 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 0 | 0 | |
| Lot Size | 8,799 | 5,750 | 75% |
| Price | $1.15M | $930K | 63% |
| Price per square foot | $0 | $0 | |
| Built year | 1945 | 9760976 | 13% |
| HOA | |||
| Days on market | 136 | 159 | 50% |
Condition Rating
Fair
The property was built in 1945, making it 79 years old. While described as 'well-maintained,' the interior images reveal significantly outdated features. The kitchen has older white appliances, basic tile flooring, and traditional dark wood cabinets, indicating no recent renovation. The bedroom shows worn carpet and basic light fixtures. The property is functional but requires substantial cosmetic updates, including new appliances, flooring, and paint, to meet modern standards. This aligns with the 'Fair' category, where major components are functional but show signs of being outdated and require minor updates or repairs.
Pros & Cons
Pros
Strong Investment Opportunity: This triplex is explicitly marketed as an investment property with 'exceptional annual percentage returns' and yields over $90,000 in annual rental income, making it highly attractive to investors.
Income Flexibility: The vacant front unit provides immediate flexibility for the new owner to either reside in it or rent it out for additional income, maximizing the property's financial potential.
Strategic Location: The property boasts an ideal location with convenient access to both the 238 and 580 freeways, enhancing its appeal for tenants and potential for appreciation.
Ample Parking & Storage: The presence of ample parking and a dedicated storage room adds significant value and convenience for tenants, which can be a competitive advantage in rental markets.
Price Adjustment: The property has seen a recent price reduction from $1,180,000 to $1,150,000, indicating a potential opportunity for buyers to acquire it at a more favorable price point.
Cons
Age of Property: Built in 1945, the property's age may suggest older infrastructure, systems (plumbing, electrical), and potential for higher maintenance or renovation costs to meet modern standards or tenant expectations.
Limited Unit Specifics: The description lacks detailed information on individual unit layouts, number of bedrooms/bathrooms per unit, or specific square footage for each, which is crucial for a comprehensive investment analysis.
Unspecified Interior Condition/Upgrades: While described as 'well-maintained' overall, there is no mention of recent interior renovations or modern amenities within the units, which could imply a need for future capital expenditures to maximize rental value or tenant appeal.