341 Castro Street

San Leandro, CA 94577

$1,995,000
Last Sold Price
Beds
4,374 Sq. Ft.
$456 / Sq. Ft.
4,374
Sq. Ft.
$456
per Sq. Ft.

Description

Dalton Place is a five-unit apartment building located in the heart of downtown San Leandro, one of the East Bay’s strongest core markets. The property offers tenants an attractive combination of a vibrant suburban downtown and access to transit and employment in a low-density setting. The property was built in 1964 consisting of a single two-story building and sits on a 7,500 square foot lot. All five of the units are two-bedroom units of roughly 875 square feet for a total rentable square footage...Dalton Place is a five-unit apartment building located in the heart of downtown San Leandro, one of the East Bay’s strongest core markets. The property offers tenants an attractive combination of a vibrant suburban downtown and access to transit and employment in a low-density setting. The property was built in 1964 consisting of a single two-story building and sits on a 7,500 square foot lot. All five of the units are two-bedroom units of roughly 875 square feet for a total rentable square footage estimated at 4,374 square feet. Four of the units offer a townhouse style floorplan that demands a premium rental rate over typical apartments. Every townhouse unit has a private fenced patio and the standard apartment has a rear deck. All five of the units have been fully renovated over the previous couple of years. Property is a 0.5 mile walk from San Leandro BART and the San Leandro Tech Campus as well as all that downtown San Leandro has to offer.
  1. Listed by Joseph Owens • DRE #01707768 • MARCUS & MILLICHAP

Property Details for 341 Castro Street

City
SAN LEANDRO
Building Type
Apt Complex
Property Sub Type
Apt Complex
Garage Spaces
0
Garage/Parking
Parking Area
Total # Parking Spaces
6

Location

Listing Courtesy of MARCUS & MILLICHAP, Joseph Owens, DRE #01707768

Sold By Re/Max Accord, Bob Baptiste, DRE #01056636

Add your commute
LISTING UPDATED: 02/04/2022 11:45 AM

Property Details for 341 Castro Street

StatusSold
MLS #40971195
Days on Compass63
Taxes$26,434 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1964
CountyAlameda County

Location

Listing Courtesy of MARCUS & MILLICHAP, Joseph Owens, DRE #01707768

Sold By Re/Max Accord, Bob Baptiste, DRE #01056636

Add your commute

Virtual Tour

Building Information for 341 Castro Street

Building/Complex341 Castro StFloor-Stories-Residences5Pet Policy-Year Built1964Building Size-

Payment Calculator

$13,090 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,888

Property Taxes

$2,203

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 341 Castro Street

Features
Feature Details
  • Flooring: Vinyl, Carpet
  • Laundry: Laundry Equip - Leased
Room Details
  • Rooms Total: 0
  • Bathrooms Total Count: 0.0
  • Bathrooms Half: 0
Utility Details
  • Cooling: Ceiling Fan(s)
  • Heating: Gas, Wall Furnace
  • Water/Sewer: Sewer System - Public, Water - Public
Lot / Property Details
Home Owners Association
  • HOA Dues: $.00
Property Details
  • Additional Equipment: Other
  • City Transfer Tax: Yes
  • Exterior: Stucco, Wood Frame
  • Lot Description: Regular
  • Lot Sq Ft Apx: 7500
  • Lot Size Square Feet: 7500.0
  • Roof: Flat
  • Sq Ft Apx: 4374
  • Stories: 0.0
  • Year Built: 1964
Location Details
  • Directions to Property: In downtown San Leandro
  • FIPS Code: 06001
  • Census Tract: 432600/5
  • Parcel Number: 75-73-17
  • Printed Neighborhood Rpt: Yes
  • Board ID: Bridge AOR
Multi Family Information
General Details
  • All Units Have: Dishwasher, Updated Baths, Updated Kitchen
  • Some Units Have: Deck, Patio, Updated Baths, Updated Kitchen
  • Units Total: 5
  • Basement: None
  • Tenant Pays: Cable TV, Electric, Gas, Trash, Water
  • Financial Data Source: Property Manager
Income / Expense Details
  • Operating Expenses: Electric, Gas, Insurance, Maintenance/Repair, Miscellaneous/Other, Property Tax/Assessments, Trash Removal, Utilities, Vacancy Factor, Water
Multi Family 5+ Information
Unit 1
  • Unit 1 # Units This Type?: 4
  • Unit # 1 # of Bedrooms: 2
  • Unit # 1 # of Bathrooms: 1
  • Unit # 1 Approx SqFt: 875
  • Unit # 1 Rent: 2164
Unit 2
  • Unit 2 # Units This Type?: 1
  • Unit # 2 # of Bedrooms: 2
  • Unit # 2 # of Bathrooms: 1
  • Unit # 2 Approx SqFt: 874
  • Unit # 2 Rent: 2200
Building Details
  • Additional Features-Misc: Balcony/Patio, Extra Storage
  • Apx Lot Acres: 0
  • Inspection Reports Available: Home, Pest
  • On Site Parking Description: Covered Parking, Parking Area
  • Tot Ann Oper Exp: 41994.0
  • Total Deposits: 0
Income / Expense Details
  • Annual Exp Year: 2021
  • Annual Gross Sched Income: $137,822
  • Annual Insurance Expense: $0
  • Annual License Expense: $0
  • Annual Maint Expense: $0
  • Annual Mgmt Expense: $0
  • Annual Misc Income: $7,550
  • Annual Rent Income: $130,272
  • Annual Taxes: $26,434
  • Annual Util Expense: $0
  • Annual Vacancy: 3908.0
  • Gross Income: $137,822
  • Gross Operating Actual Income: $133,914
  • Gross Rent Multiplier: 15.31
  • Net Operating Income: $91,920
  • Other Annual Expense: $0
Other Financial Information
  • Apprx Equity: 598500.0
  • Cap Rate: 4.61
  • Existing Loan: Assumable Qualify
  • Ocpnt Req 24 Hr: Yes
Additional Information
Additional Information
  • Fireplace: No

Property History for 341 Castro Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 341 Castro Street

Taxable ValueLand$612,000Additions$1,418,820Total$2,030,820
Tax Record2023$28,029 ($2,336 / month)
Home Facts
Total Finished SqFt4,374 SqFtAbove Grade Finished SqFt4,374 SqFtStories2Lot Size7,500 SqFtStyleMulti-Family Res (5+ Units)Year Built1964CountyALAMEDAAPN75-73-17

Schools near 341 Castro Street

This home is within San Leandro Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
McKinley Elementary School
PublicK to 5

Bancroft Middle School
Public6 to 8

San Leandro High School
Public9 to 12

Lincoln High (Continuation) School
Public9 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.

Similar Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of MARCUS & MILLICHAP, Joseph Owens, DRE #01707768

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.