Two-Unit Craftsman
For Sale
$799,000
123 Euclid Ave, San Leandro, CA 94577
Two matching apartments each provide two bedrooms and one bathroom, with a basement for storage and added flexibility.
Property Size1,952 SF
Lot Size0.14 Acres
Price / SF$409.32
Days on Market10
Property Features for 123 Euclid Ave
General Information
Standard status
Active
Size
1,952 SF
Lot size
0.14 Acres
Property subtype
Residential Income
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Building Details
Year Built
1920
Buildings
1
Construction
Craftsman
Listing Agency:
Mosaik Real Estate
(415) 205-0742
Listed By:
Matthew Grubisich
(714) 801-4415
Source:
Exprealty
Added: Oct 22
Changed: Oct 30
Last Checked: Oct 30 at 3:32PM
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 Mosaik Real Estate
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Investment Insights
Based on property information with market context.
This Craftsman-style duplex, built in 1920, contains 1,952 square feet across two units. Each unit has two bedrooms and one bathroom. A large basement offers additional storage and flexible space, and the property has side access. The site measures 5,999 square feet.
The property is at 123 Euclid Ave in San Leandro, within the Broadmoor neighborhood. Downtown San Leandro is a short walk away. Nearby homes include Craftsman, Tudor, and Spanish-inspired architecture.
The property is at 123 Euclid Ave in San Leandro, within the Broadmoor neighborhood. Downtown San Leandro is a short walk away. Nearby homes include Craftsman, Tudor, and Spanish-inspired architecture.
Key Highlights
- Two units, each with 2 bedrooms and 1 bathroom
- 1,952‑square‑foot duplex built in 1920
- Large basement provides storage and flexible space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,519
Cap Rate
8.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,310,380
$1.3M
Cap Rate 7%
$935,986
$936.0K
Cap Rate 9%
$727,989
$728.0K
Market Conditions
NOI Build-Up for 1,952 SF
Gross rent
$99.6K $51.00/SF
− Vacancy
−$6.0K −$3.05/SF
EGI
$93.6K $47.95/SF
− OpEx
−$28.1K −$14.39/SF
NOI
$65.5K $33.57/SF
Area
Alameda County, CA
Vacancy
5.98%
Lease Rate
$51.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,310,380
Cap Rate 7%
$935,986
Cap Rate 9%
$727,989
Alternative Uses
Best Use
Multifamily LT 5
$936.0K
$819.0K – $1.09M
NOI $65,519 @ 7.0% cap · market cap 8.20%
Second Best
Apartment 5plus
$404.0K
$353.5K – $471.3K
NOI $28,277 @ 7.0% cap · market cap 3.54%
Theoretical Best
Retail
$8.90M
$7.79M – $10.38M
NOI $622,935 @ 7.0% cap · market cap 77.96%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,504
Businesses Nearby
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Business Placement
Demographics for 94577, CA
48,868
Population
17,681
Households
2.8
Avg Household Size
41
Median Age
39%
College-Educated
86%
High-School Grad
8.1 sq mi
ZIP Area
6,033
Density / Sq Mi
$110,989
Median Household Income
$56,382
Median Earnings
$2,199
Median Rent
$824,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two matching apartments each provide two bedrooms and one bathroom, with a basement for storage and added flexibility.
Where is this duplex located?
The property is located at 123 Euclid Ave San Leandro, CA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 bathroom; 1,952‑square‑foot duplex built in 1920; Large basement provides storage and flexible space
