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Listed by Timothy Warren • NAI Northern California
$ 1,625,000
Est. payment | /mo
3,736 SqFt
$ 1,625,000
Est. payment | /mo
3,736 SqFt
Key Details
Property Type Multi-Family, Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 3,736 sqft
Price per Sqft $434
MLS Listing ID EB41104875
Year Built 1957
Lot Size 0.329 Acres
Property Sub-Type Five or More Units
Source Bridge MLS
Property Description
16118 Mateo Street is 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 offers 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
Area Hayward
Interior
Heating Wall Furnace
Cooling None
Flooring Tile, Hardwood
Exterior
Exterior Feature Stucco
Parking Features Attached Garage, Enclosed, Gate / Door Opener, Guest / Visitor Parking
Garage Spaces 14.0
Building
Lot Description Regular
Sewer Sewer - Public
Water Public
Others
Tax ID 80-54-39-4
Special Listing Condition Not Applicable
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Dave Lucas
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