Back to Search
1461 150th Ave
For Sale $3,200,000
$3,200,000
- 14 Units
- Unknown Sq Ft
- 15,200 Sq Ft
- Unknown Cap Rate
Description
Listing is for both 1461 & 1475 150th Ave in San Leandro. 1461 & 1475 150th consists of 14 total units, comprised of two seven-unit buildings on separate parcels. The two-story structures were built in 1960 and offer tenants 12 covered parking spaces, 2 surface parking spaces as well as a community laundry room. The building has been well maintained during the current ownership’s hold period spanning more than three decades. A new owner can unlock significant upside by modernizing the already well-maintained building exterior and common areas as well as renovating units to a modern style finish on unit turnover. Cap Rate: 5.77% (8.21% Market) / GRM: 11.32 (8.77 Market). Cash on Cash estimated at 2.96% in Year 1 to grow to an estimated 17.00% over 10-year hold.
Loading map...
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $3,200,000 |
| Property Type | Multi-Family |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 14 spots |
| Year Built | 1960 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 77E160633,4 |
| MLS # | 41058446 |
| Property ID | 320453113 |
| Lot Sqft | 15,200 |
| Zoning | Unknown |
| Total Units | 14 |
| Days on Market | 206 |
| Original List Price | $3,600,000 |
| Applicances | Gas Water Heater% |
| Date Updated | November 20, 2024 |
| Date Created | May 03, 2024 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Joseph Owens an agent of . Lic #01707768
© 2024 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of November 20, 2024 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT