326 Macarthur Blvd, San Leandro, California 94577, San Leandro, - bed, bath

ACTIVE$1,315,000
326 Macarthur Blvd, San Leandro, California 94577
0Bed
0Bath
Sqft
6,599Lot
Year Built
1930
Close
-
List price
$1.31M
Original List price
$1.31M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
41108646
Home ConditionExcellent
Features
Deck
View-
About this home
326 MacArthur Blvd in San Leandro, CA, is a unique multi-unit property with four standalone units, including a three-bedroom, two-bathroom house. It has "cash cow" potential for investors or an owner-occupant seeking to offset mortgage costs. The property features remodeled kitchens and bathrooms, new appliances, quartz countertops, and updated flooring. It also has off-street parking and is located near major freeways and BART, making it attractive for commuters. Great opportunity for both local and regional investors or an owner occupant in a strong rental market with growth potential of income and value. Commuters dream come true! 1 minute to 580 on ramp, 6 minutes to BART.
Nearby schools
6/10
Roosevelt Elementary School
Public,•K-5•0.3mi
5/10
Washington Elementary School
Public,•K-5•0.8mi
2/10
Grass Valley Elementary School
Public,•K-5•1.4mi
4/10
Bancroft Middle School
Public,•6-8•0.8mi
2/10
Elmhurst Community Prep School
Public,•6-8•1.1mi
1/10
Castlemont High
Public,•9-12•1.6mi
5/10
San Leandro High School
Public,•9-12•1.6mi
Price History
Date
Event
Price
08/25/25
Listing
$1,315,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (6 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 0 | 0 | |
| Lot Size | 6,599 | 4,999 | 71% |
| Price | $1.31M | $820K | 71% |
| Price per square foot | $0 | $0 | |
| Built year | 1930 | 1942 | 29% |
| HOA | |||
| Days on market | 73 | 157 | 14% |
Condition Rating
Excellent
Despite being built in 1930, the property has undergone extensive and recent renovations, as stated in the description and confirmed by the images. The kitchens feature modern gray shaker cabinets, new stainless steel appliances, quartz countertops, and contemporary light fixtures. Bathrooms are also fully remodeled with new vanities, modern fixtures, and updated surrounds. Throughout the units, updated light wood-look laminate flooring creates a fresh, cohesive look. The overall condition of the key areas (kitchens and bathrooms) and flooring is virtually new, meeting current quality standards.
Pros & Cons
Pros
High Income Potential: This multi-unit property features four standalone units, including a 3-bedroom, 2-bathroom house, offering significant 'cash cow' potential for investors or owner-occupants seeking to offset mortgage costs.
Extensive Recent Renovations: The property boasts remodeled kitchens and bathrooms, new appliances, quartz countertops, and updated flooring, minimizing immediate capital expenditures for a new owner.
Prime Commuter Location: Strategically located with 1-minute access to the 580 freeway on-ramp and 6 minutes to BART, making it highly attractive for commuters in the Bay Area.
Strong Investment Opportunity: Positioned in a strong rental market with explicit mention of growth potential for income and value, appealing to both local and regional investors.
Valuable Off-Street Parking: The inclusion of off-street parking is a significant advantage for a multi-unit property in an urban setting, enhancing tenant convenience and desirability.
Cons
Age of Structure: Built in 1930, the property is nearly a century old. While interiors are updated, potential buyers may have concerns about the condition of original structural components, plumbing, electrical, or roof, which could lead to unforeseen future expenses.
Limited Unit Configuration Details: The description highlights one 3-bed, 2-bath unit but lacks specific details on the other three standalone units (e.g., number of bedrooms/bathrooms, square footage), which could be a point of uncertainty for potential investors requiring further due diligence.
Location on Major Thoroughfare: Being situated directly on MacArthur Blvd, a significant arterial road, could expose the property to higher levels of traffic noise and potentially reduced privacy for residents.

