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$1,695,000
Est. payment /mo
3,736 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Lowrise (1-3 Flrs)
Listing Status Active
Purchase Type For Sale
Square Footage 3,736 sqft
Price per Sqft $453
MLS Listing ID 41086007
HOA Y/N No
Year Built 1957
Lot Size 0.329 Acres
Acres 0.33
Property Sub-Type Lowrise (1-3 Flrs)
Property Description
The Mitchell Warren Team is pleased to present 16118 Mateo Street, a 6-unit multi-family property located in the desirable city of San Leandro. This building presents a fantastic investment opportunity, offering spacious and private units, each separated by a garage— ensuring no shared walls and enhanced tenant privacy. Features include in-unit washers and dryers, individual direct-access garages, and vinyl windows. Three units have been recently remodeled. Tenants pay for ALL utilities including electricity, gas, water, AND garbage minimizing operational expenses. This is a rare opportunity to acquire a well-located turnkey asset with excellent day-1 cash flow. 16118 Mateo Street others easy access to I-580 and I-880, providing seamless commutes throughout the Bay Area. The property is just 0.6 miles from the Bayfair BART station, ensuring quick connections to Oakland and San Francisco. Tenants enjoy convenient shopping and dining with Bayfair Center, San Leandro Plaza, and downtown San Leandro all nearby. This well-connected location enhances rental demand and long-term investment potential.
Location
State CA
County Alameda
Rooms
Basement None
Interior
Heating Wall Furnace
Cooling None
Flooring Hardwood, Tile
Fireplace No
Exterior
Exterior Feature Garden
Utilities Available Individual Electric Meter, Individual Gas Meter
Total Parking Spaces 6
Building
Lot Description Paved, Landscape Misc
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 8054394
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Listed by Timothy Warren • NAI Northern California