Sold for $790,000

$790,000

1940-1942 Placer Dr, San Leandro, CA 94578

3beds

2baths

1,618sqft

Multi Family, Duplex

Built in 1947

-- sqft lot

$808,700 Zestimate^®

$488/sqft

$3,018 Estimated rent

Home value

$808,700

$744,000 - $881,000

$3,018/mo

Zestimate^® history

Owner options

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$3,018/mo

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$3,018/mo

Rent Zestimate^®

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$5,012/mo

Est. payment

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$5,012/mo

Est. payment

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What's special

Rarely available two-unit property in San Leandro's sought-after Hillcrest Knolls neighborhood with stunning bay and city views from each unit. This property stands out with each unit having two private and dedicated parking spots, ensuring ample space for vehicle storage. The first unit features one bedroom and one bathroom, complete with indoor laundry. The second unit, which has two bedrooms and one bathroom, is occupied by long-term tenants, generating reliable rental income. Both units have their own postal address and are metered separately for gas & electricity. Whether you're looking for an income property or the option to live in one unit while renting out the other, this property presents great possibilities. Enjoy the opportunity to own this unique property with its incredible views and desirable commute location.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2

Heating

Wall Furnace

Cooling

No Air Conditioning

Appliances

Laundry: In Unit

Features

Flooring: Laminate, Carpet
Basement: Other

Interior area

Total structure area: 1,618
Total interior livable area: 1,618 sqft

Property

Parking

Parking features: Parking Lot, Assigned, On Street
Has uncovered spaces: Yes

Features

Patio & porch: Front Porch, Balcony/Patio
Exterior features: Other

Lot

Size: 6,038 Square Feet
Features: Sloped Up, Side Yard, Greenbelt

Details

Parcel number: 79816
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family, Duplex
Attached to another structure: Yes

Materials

Composition Shingles, Stucco
Roof: Composition

Condition

Year built: 1947

Utilities & green energy

Electric: No Solar

Community & HOA

HOA

Has HOA: No

Location

Region: San Leandro

Financial & listing details

Price per square foot: $488/sqft
Price range: $790K - $790K
Date on market: 4/19/2024
Listing agreement: Excl Right
Listing terms: Cash
Lease term: Month To Month
Total actual rent: 51744
Tenant pays: Cable TV, Electricity, Gas

Price history

Date	Event	Price
5/31/2024	Sold	$790,000$488/sqft
Source: Bay East AOR #41056861 Report a problem
5/10/2024	Pending sale	$790,000$488/sqft
Source: bridgeMLS/CCAR/Bay East AOR #41056861 Report a problem
5/6/2024	Price change	$790,000-4.8%$488/sqft
Source: bridgeMLS/CCAR/Bay East AOR #41056861 Report a problem
4/20/2024	Listed for sale	$830,000$513/sqft
Source: bridgeMLS/CCAR/Bay East AOR #41056861 Report a problem