357 Investments is pleased to offer for sale 1993 Quebec Avenue, a well-maintained residential fourplex conveniently located off Lewelling Boulevard in San Leandro, California. The property provides an excellent opportunity for a risk-averse buyer to obtain a fully occupied, turn-key asset with numerous upgrades and enjoy immediate upside, as all the leases are significantly below market and on a month-to-month basis. Constructed in 1963, the property is situated on a 6,200 square foot lot with 3,576 rentable square feet. The unit mix includes three (3) two-bedroom/one-bathrooms (2+1) and one (1) three-bedroom/two-bathroom (3+2). All of the units feature electric stoves and gas wall heaters. The 3+2 unit was recently completely remodeled and features new wood laminate floors, a new stove, granite countertops, and new tubs/showers. The remaining units feature several similar upgrades. The units are separately metered with the tenants paying PG&E (except common fees totaling $50/month) and the landlord paying water, while trash is split with the other fourplex on the lot. Four covered parking spaces and an abundance of free street parking along Quebec Avenue offer peace of mind for residents. The property also features spacious patios in the front of the building and above the carport, as well as a coin laundry room currently charging $2.00 for both the washer and dryer. Residents enjoy the convenience of the propertyâ??s excellent, quiet location, which is within close proximity to numerous retail shops, restaurants and grocery stores, as well as parks and hiking trails featuring specacular views of the San Francisco Bay.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
