1461 150th Ave
San Leandro, CA 94578
- – beds
- – baths
- – sqft
- 15,200 sqft lot
- 1960 build
- – on site
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.
Listed By CRMLS_CA / Joseph Owens / Marcus & Millichap
Last checked:
Checking…
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Last updated Dec 5, 2024
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MLS# 41058446 —
The Building
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Year Built:1960
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Construction Materials:Brick Veneer, Stucco, Wood Siding
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Total Number Of Units:14
Interior
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Laundry:1
Location
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Directions:On 150th Ave, east of E 14th St Cross Street: E 14th St.
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Latitude:37.70672402
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Longitude:-122.12844277
The Property
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Property Type:Residential Income
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Lot Size Area:15200.0000
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Lot Size Acres:0.3489
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Lot Size SqFt:15200.00
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:433000/4
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Tax Annual Amount:45402.00
The Listing
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Parcel Number:77E160633,4
Heating & Cooling
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Heating:1
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Heating:Natural Gas, Wall Furnace
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Cooling:Yes
Appliances
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Appliances:Gas Water Heater
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Included:Yes
The Community
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Subdivision:NORTH BAL
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Subdivision:NORTH BAL
Parking
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Parking Spaces:14.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
11/13/24
Nov 13, 2024
|
Relisted | CRMLS_CA | $3,200,000 | -5.9% |
9/27/24
Sep 27, 2024
|
Pending | CRMLS_CA | $3,400,000 | |
6/7/24
Jun 7, 2024
|
Price Changed | CRMLS_CA | $3,400,000 | -5.6% |