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937 Helen Ave, San Leandro, California 94577, San Leandro, 94577 - 5 bed, 3 bath

937 Helen Ave, San Leandro, California 94577 home-pic-0
ACTIVE$999,000
937 Helen Ave, San Leandro, California 94577
5Beds
3Baths
2,512Sqft
5,920Lot
Year Built
1926
Close
-
List price
$999K
Original List price
$999K
Price/Sqft
$398
HOA
-
Days on market
-
Sold On
-
MLS number
41117350
Home ConditionFair
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $999.0K(68th), sqft - 2512(88th), beds - 5(95th), baths - 3(72th).

Income now, flexibility tomorrow! Spacious Broadmoor home with a private in-law suite and an active ADU permit (BRADU-23-0046) valid through June 2026. Main level offers 2BR/1BA; upstairs a family room, bedroom, and bathroom—ideal for multi-generational living or a home office. A separate lower-level suite with its own entrance includes 2BR/1BA. Expansive 5,873 sq ft lot with mature fruit trees and outdoor potential. Live in the main house and collect rental income, or expand the ADU for greater ROI. Approx. 2,512 sq ft near BART, 580/880, top schools, and shopping. A rare Broadmoor opportunity with income, upside, and location all in one.

Nearby schools

6/10
Roosevelt Elementary School
Public,•K-5•0.0mi
5/10
Washington Elementary School
Public,•K-5•0.6mi
2/10
Grass Valley Elementary School
Public,•K-5•1.6mi
4/10
Bancroft Middle School
Public,•6-8•0.6mi
2/10
Elmhurst Community Prep School
Public,•6-8•1.2mi
5/10
San Leandro High School
Public,•9-12•1.4mi
1/10
Castlemont High
Public,•9-12•1.8mi

Price History

Date
Event
Price
11/13/25
Listing
$999,000
04/24/98
Sold
$99,000
Condition Rating
Fair
Built in 1926, this property shows signs of regular maintenance and some piecemeal updates, but the kitchen and bathrooms are significantly outdated. The kitchen features dated tile flooring and backsplash, despite more modern cabinet fronts and a newer faucet. The bathroom has a very dated blue tub, older vanity, and tile. While functional and move-in ready, these key areas require substantial renovation to meet current quality standards and buyer expectations, aligning with the 'Fair' condition criteria for an aged but maintained home with outdated major components.
Pros & Cons

Pros

Significant Income & Multi-Generational Potential: The property features a private in-law suite and an active ADU permit, offering immediate rental income opportunities or flexible multi-generational living arrangements.
Strategic Location & Commuter Access: Conveniently located near BART, major freeways (580/880), top-rated schools, and shopping, enhancing its appeal for commuters and families seeking accessibility.
Active ADU Permit in Place: An existing and valid ADU permit (BRADU-23-0046) through June 2026 provides a clear, pre-approved path for expansion and increased return on investment.
Spacious & Flexible Floor Plan: With approximately 2,512 sq ft across multiple levels, including a separate lower-level suite, the home offers versatile living arrangements suitable for various needs.
Generous Lot Size with Outdoor Potential: An expansive 5,873 sq ft lot with mature fruit trees presents ample outdoor space for recreation, gardening, and potential landscaping enhancements.

Cons

Historic Property Age: Built in 1926, the property is likely to require significant updates to its infrastructure, systems, and aesthetics to meet modern standards and buyer expectations.
Potential Overpricing: The current list price of $999,000 is notably higher than the estimated property value of $862,415.4, suggesting it may be overpriced relative to market comparables.
Implied Renovation Costs: As an older home with a focus on income potential rather than recent upgrades, potential buyers should anticipate budgeting for substantial renovation or deferred maintenance costs.

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