Courtesy: Joseph Owens - Marcus & Millichap
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 ownerships 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. Market Cap Rate: 7.16% / Market GRM: 9.87.
41058446
Business Opportunities, Other
Alameda
1960
0.35
Acres
Public
Brick Veneer,Frame,Stucco
Public Sewer
9,492
Sq. Ft.
NORTH BAL
Detailed Room Information
- Laundry
- Coin Operated, Community Facility, Laundry Equip - Leased
Interior Features
- Appliances
- Gas Water Heater
- Flooring
- Vinyl, Carpet
- Cooling
- Ceiling Fan(s)
- Heating
- Gas Heat. Wall Furnace.
- Basement
- None
- Energy
- 0| 1|
- Security
- Closed Circuit Camera(s)
- Additional Interior Features
- Storage
Exterior / Lot Features
- Parking
- 14 Parking Spaces. 0 Covered Parking Spaces. Covered, Space Per Unit - 1, Uncovered Park Spaces 2.
- Exterior
- Stucco, Frame, Brick Trim/Veneer
- Additional Exterior/Lot Features
- Landscape Front, Regular.
Community Features
- Security Features
- Closed Circuit Camera(s)
- Complex Features
- Closed Circuit Camera(s)
Financial Considerations
77E160633,4
Arrows indicate 90 day trend
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