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Duplex With Attached Garages
For Sale
$1,159,999

1367 Hubbard Avenue, San Leandro, CA 94579

The two-unit property has RD zoning and is near Greenhouse Marketplace, Walmart, Safeway, and Walgreens.

Property Size1,991 SF
Lot Size0.16 Acres
Price / SF$582.62
Days on Market25

Property Features for 1367 Hubbard Avenue

General Information

Standard status Active
Size 1,991 SF
Total Parking Spaces 2
Lot size 0.16 Acres
Property subtype Multi Family Home
Zoning RD

Additional Details

Multifamily Units 2

Building Details

Building Size 1,991 SF
Year Built 1953
Buildings 1
Listing Agency: EQUITY FIRST REAL ESTATE
Listed By: Milly Barros · License #01291981
Source: Equityfirstre
Added: Oct 2 Changed: Oct 25 Last Checked: Oct 23 at 4:26PM

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 EQUITY FIRST REAL ESTATE

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Investment Insights

Based on property information with market context.

Remodeled duplex with 1,991 square feet of living area on a 7,140-square-foot lot. Built in 1953, the property includes two attached one-car garages and two units with layouts that receive natural light. Zoning is RD.

Greenhouse Marketplace, Walmart, Safeway, Walgreens, restaurants, and shops are nearby. The property is also described as having access to schools and major commute routes.

Key Highlights

  • 1,991 square feet of living area on a 7,140‑square‑foot lot
  • Two attached garages, each accommodating one car
  • Two units with layouts that receive natural light

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$66,828
Cap Rate
5.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,336,560 $1.3M
Cap Rate 7%
$954,686 $954.7K
Cap Rate 9%
$742,533 $742.5K
Market Conditions
NOI Build-Up for 1,991 SF
Gross rent
$101.5K $51.00/SF
− Vacancy
−$6.1K −$3.05/SF
EGI
$95.5K $47.95/SF
− OpEx
−$28.6K −$14.39/SF
NOI
$66.8K $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%
$1,336,560
Cap Rate 7%
$954,686
Cap Rate 9%
$742,533

Alternative Uses

Best Use
Multifamily LT 5
$954.7K
$835.4K – $1.11M (±1% cap)
NOI $66,828 @ 7.0% cap · market cap 5.76%
Second Best
Apartment 5plus
$412.0K
$360.5K – $480.7K (±1% cap)
NOI $28,842 @ 7.0% cap · market cap 2.49%
Theoretical Best
Retail
$9.08M
$7.94M – $10.59M (±1% cap)
NOI $635,381 @ 7.0% cap · market cap 54.77%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

404
Businesses Nearby

Demographics for 94579, CA

21,869
Population
6,916
Households
3.2
Avg Household Size
43
Median Age
28%
College-Educated
81%
High-School Grad
3.1 sq mi
ZIP Area
7,055
Density / Sq Mi
$94,193
Median Household Income
$47,585
Median Earnings
$1,972
Median Rent
$815,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - The two-unit property has RD zoning and is near Greenhouse Marketplace, Walmart, Safeway, and Walgreens.
Where is this duplex located?
The property is located at 1367 Hubbard Avenue San Leandro, CA.
What is the asking price?
The asking price for this property is $1,159,999.
What are key features of this property?
This property features: 1,991 square feet of living area on a 7,140‑square‑foot lot; Two attached garages, each accommodating one car; Two units with layouts that receive natural light
More about this property
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