1461 150th Avenue
$3,200,000
—
9,492
9,492
$337
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: 5.77% (8.21% Market) / GRM: 11.32 (8.77 Market). Cash on Cash estimated at 2.96% in Year 1 to grow to an estimated 17.00% 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: 11/20/2024 12:19 AM
Property Details for 1461 150th Avenue
Status | Active |
---|---|
MLS # | 41058446 |
Days on Compass | 167 |
Taxes | $45,402 / 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 |
---|
Date | Event & Source | Price |
---|
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 Record2024$13,405 ($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.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.