1190 Davis St San Leandro, CA 94577
Vacant former church front building plus four residential units and a large storage/workshop building.
Property Features for 1190 Davis St
General Information
- Standard status
- Active
- Size
- 8,325 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1947
Listing office ERS Premier (415) 286-8857
Listing date Jul 9, 2026
Source Exitrealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of ERS Premier
Investment Insights
Based on property information with market context.
The property is located at 1190 Davis St, San Leandro, CA 94577. Buyers are encouraged to verify zoning, permitted uses, and redevelopment possibilities with the appropriate local agencies.
Key Highlights
- Year built 1947: front building formerly used as a church is approximately 5,000 sq. ft. and currently vacant
- Includes four residential units totaling approximately 3,325 sq. ft.: three tenant‑occupied units plus one vacant 2‑bedroom, 1‑bath unit
- Large storage/workshop building on the property, adding space for storage, workspace, or maintenance operations
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $424.6k | $51.00 |
| − Vacancy | −$25.4k | −$3.05 |
| EGI | $399.2k | $47.95 |
| − OpEx | −$119.8k | −$14.39 |
| NOI | $279.4k | $33.57 |
