Skip to main content

Multifamily

1290 141st Ave

1290 141st Ave, San Leandro, CA 94578

Listing Price: $1,650,000

Cap Rate
4.40%
Number of Units
5
Occupancy
100.0%
Price/Unit
$330,000
Price/Gross SF
$516.27
Gross SF
3,196

Investment Overview

1290 141st Ave is a turnkey, five-unit multifamily building located in the Halcyon neighborhood of San Leandro, California. Built in 1959, the wood frame and stucco building consists of 3,196 square feet situated on 0.15-acre lot. The unit mix in the building consist of four spacious one-bedroom units and one two-bedroom unit. Each unit is individually metered for gas and electric. Tenants pay for garbage decreasing the new owners yearly expenses. This apartment offers investors the opportunity to acquire a well-situated asset with four of the five units recently renovated. San Leandro has been proactive in reshaping the downtown as a Next-Gen city. Some of the major elements of these changes include lifestyle amenities like restaurants, breweries, and gathering places nearby to places of employment in downtown San Leandro. The San Leandro Bart station and adjacent San Leandro Tech Campus have been a core part of this vision combined with LIT (the fiber optic network encircling the city). 1290 141st is just 1.5 miles from the epicenter of this resurgence and is ideally located to San Leandro’s bright future.

Investment Highlights

  • Turn-Key Asset
  • Four of the Five Units have been Fully Renovated
  • Easy Access to Downtown San Leandro

Exclusively Listed By

Multifamily

1290 141st Ave

Listing Price: $1,650,000

Cap Rate
4.40%
Number of Units
5
Occupancy
100.0%
Price/Unit
$330,000
Price/Gross SF
$516.27
Gross SF
3,196

Investment Highlights

  • Turn-Key Asset
  • Four of the Five Units have been Fully Renovated
  • Easy Access to Downtown San Leandro

Investment Overview

1290 141st Ave is a turnkey, five-unit multifamily building located in the Halcyon neighborhood of San Leandro, California. Built in 1959, the wood frame and stucco building consists of 3,196 square feet situated on 0.15-acre lot. The unit mix in the building consist of four spacious one-bedroom units and one two-bedroom unit. Each unit is individually metered for gas and electric. Tenants pay for garbage decreasing the new owners yearly expenses. This apartment offers investors the opportunity to acquire a well-situated asset with four of the five units recently renovated. San Leandro has been proactive in reshaping the downtown as a Next-Gen city. Some of the major elements of these changes include lifestyle amenities like restaurants, breweries, and gathering places nearby to places of employment in downtown San Leandro. The San Leandro Bart station and adjacent San Leandro Tech Campus have been a core part of this vision combined with LIT (the fiber optic network encircling the city). 1290 141st is just 1.5 miles from the epicenter of this resurgence and is ideally located to San Leandro’s bright future.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower