1461 150th Avenue
$3,400,000
—
9,492
9,492
$358
Pending Show For Backups
Description
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...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: 5.38% (7.66% Market) / GRM: 12.00 (9.32 Market). Cash on Cash estimated at 2.60% in Year 1 to grow to an estimated 15.03% over 10-year hold.
- Listed by Joseph Owens • DRE #01707768 • Marcus & Millichap
Property Details for 1461 150th Avenue
City
SAN LEANDRO
Dist Neighborhood SubdivNORTH BAL
Building Type5 or More Units
Property Sub Type5 or More Units
Garage/ParkingSpaces per Unit - 1
Total # Parking Spaces14
LISTING UPDATED: 09/27/2024 05:09 PM
Property Details for 1461 150th Avenue
Status | Pending Show For Backups |
---|---|
MLS # | 41058446 |
Days on Compass | 147 |
Taxes | $57,742 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | 5+ Units / Five or More Units |
Year Built | 1960 |
Lot Size | 0.35 AC / 15,200 SF |
County | Alameda County |
Building Information for 1461 150th Avenue
Stories-Residences14Year Built1960Building Size-Lot Size0.35 AC / 15,200 SF
Property Information for 1461 150th Avenue
Property History for 1461 150th Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1461 150th Avenue
Taxable ValueLand$248,362Additions$579,879Total$828,241
Tax Record2023$13,402 ($1,117 / month)
Home Facts
Total Finished SqFt4,746 SqFtAbove Grade Finished SqFt4,746 SqFtStories2Lot Size7,500 SqFtStyleMulti-Family Res (5+ Units)Year Built1960CountyALAMEDAAPN77E-1606-3-4
Schools near 1461 150th Avenue
This home is within San Lorenzo Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Corvallis Elementary School PublicK to 5 | ||
Edendale Middle School Public6 to 8 | ||
San Lorenzo High School Public9 to 12 | ||
KIPP King Collegiate High School Charter9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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