1300 Clarke St San Leandro, CA 94577

Closed

SOLD 6/2/2022

$1,850,000

Market Estimate

8 Beds
0 Baths
4,115 sq. ft.
Multi-Family
MLS# 40980878

Listing provided courtesy of: Park Place Lending & Investments

Sold by: Legacy Real Estate & Assoc.

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Property Details

Description

LOCATION LOCATION LOCATION...Prime Multifamily Investment Opportunity! This FOURPLEX Rental Property is one of a kind with great cash flow, long term tenants, and prime location. A Brand New 30 Year Roof! Gross Rental Income for 2021 was $101,700 with rents increasing each year. Each unit comes with a 1 car covered garage with newer garage doors. It has on premises coin laundry with a new washer. This property is conveniently located just 2 blocks from the San Leandro BART station and minutes away from downtown San Leandro. Everything you need is at your fingertips and a short walking distance to Safeway, CVS, Banks, Costco, Hospital, Eateries, Schools, and Much More! This property is located on a quite street that is highly desirable for tenants with easy access to Hwy 880 and Hwy 580. This property has been well maintained by the same owner for the past 24 years and professionally managed by Norcal Realty. Don't miss out on this Prime Multifamily Investment Opportunity!

General Features
- Special Listing Conditions Standard
- Property Sub Type Quadruplex
- Mlsarea Major San Leandro
- County Or Parish Alameda
Building Features
- Appliances Gas Water Heater
- Attached Garage Y/N true
- Basement None
- Bedrooms 8
- Building Area Total 4115
- Fireplace Y/N true
- Building Area Units Square Feet
- Carport Y/N false
- Construction Materials Brick, Stucco
- Cooling No Air Conditioning
- Year Built 1967
- Utilities All Public Utilities,Internet Available
- Window Features Double Pane Windows
- Property Type Residential Income
- Living Area Units Square Feet
- Living Area 4,115
- Laundry Features Coin Operated,Community Facility,Laundry Equip - Owned
- Flooring Tile, Vinyl, Carpet
- Garage Y/N true
- Heating Electric, Fireplace(s)
- Heating Y/N true
- Interior Features Storage Area(s), Shower Stall(s)
Property Features
- Lot Size Acres 0.14
- Lot Features Regular
- Parking Features Attached, Space Per Unit - 1
- Parking Total 4
- Lot Size Units Acres
- Lot Size Square Feet 6500
- Lot Size Area 0.14
Schools
- High School District San Leandro (510) 667-3500

Neighborhood

94577 (San Leandro) Demographics

41 Median Age

5,099 Population Density (per sq. mile)

44% College Educated

$89,219 Estimated Median Income

9,569 Estimated Total Home Owners

7,692 Estimated Total Renters

55% / 45% Estimated Owner / Renter Divide

3 Estimated Average Household Size

48,520 Total Population

Community data courtesy of LiveBy, Inc.

Market Last 30 Days In This Postal Code

$1,200,000 Median Sales Price

25 Homes Sold

34 New On Market

Average Days on Site

Properties for Sale

Calculations provided by Reliance Network

Property History

Date	Event	Price	Percent Change
--	New in Database Source: Multiple Listing Service	New Value: $1,999,700	8.09%
6/2/2022 12:00:00 AM	Sold Source: Multiple Listing Service	New Value: $1,850,000	-2.62%
5/1/2022 6:31:12 PM	Status Changed Source: Multiple Listing Service	New Value: Pending
4/27/2022 10:45:44 AM	Price Reduced Source: Multiple Listing Service	New Value: $1,899,700
4/27/2022 10:45:44 AM	Status Changed Source: Multiple Listing Service	New Value: Active
3/12/2022 6:45:49 PM	Status Changed Source: Multiple Listing Service	New Value: Pending

bridgeMLS ©2022. Information Deemed Reliable But Not Guaranteed. This information is being provided by bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 7/2/2022 9:33:50 AM .

Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.