Two-Unit Duplex with
For Sale
$699,950
Pending
1540 Orchard Ave, San Leandro, CA 94577
Two separate residences include laundry hookups, outdoor storage, and a patio area.
Property Size1,194 SF
Days on Market117
Property Features for 1540 Orchard Ave
General Information
Standard status
Pending
Size
1,194 SF
Total Parking Spaces
2
Property subtype
Duplex
Site & Location
Neighborhood
Davis
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units
2
Amenities
washer and dryer hookups
front yard
backyard with patio
outdoor storage space
Building Details
Year Built
1902
Buildings
1
Listing Agency:
JPN Realty
Listed By:
Javier Padilla
Source:
Jpnrealty
Added: Jul 6
Changed: Oct 28
Last Checked: Oct 28 at 3:20PM
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 JPN Realty
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Investment Insights
Based on property information with market context.
This 1,194-square-foot duplex contains two residences: one with 2 bedrooms and 1 bathroom, and another with 1 bedroom and 1 bathroom. Washer and dryer hookups serve both units. Outdoor features include a front yard, a backyard patio, and storage space. A two-car driveway and additional street parking are available.
The property is in San Leandro, near BART, parks, shopping, public transportation, and major freeways. Built in 1902, the duplex combines a defined two-unit layout with shared outdoor areas and separate laundry hookups.
The property is in San Leandro, near BART, parks, shopping, public transportation, and major freeways. Built in 1902, the duplex combines a defined two-unit layout with shared outdoor areas and separate laundry hookups.
Key Highlights
- Two units: one 2‑bedroom, 1‑bathroom residence and one 1‑bedroom, 1‑bathroom residence
- 1,194 square feet; built in 1902
- Washer and dryer hookups in both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,077
Cap Rate
5.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$801,540
$801.5K
Cap Rate 7%
$572,529
$572.5K
Cap Rate 9%
$445,300
$445.3K
Market Conditions
NOI Build-Up for 1,194 SF
Gross rent
$60.9K $51.00/SF
− Vacancy
−$3.6K −$3.05/SF
EGI
$57.3K $47.95/SF
− OpEx
−$17.2K −$14.39/SF
NOI
$40.1K $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%
$801,540
Cap Rate 7%
$572,529
Cap Rate 9%
$445,300
Alternative Uses
Best Use
Multifamily LT 5
$572.5K
$501.0K – $668.0K
NOI $40,077 @ 7.0% cap · market cap 5.73%
Second Best
Apartment 5plus
$247.1K
$216.2K – $288.3K
NOI $17,296 @ 7.0% cap · market cap 2.47%
Theoretical Best
Retail
$5.44M
$4.76M – $6.35M
NOI $381,037 @ 7.0% cap · market cap 54.44%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,650
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences include laundry hookups, outdoor storage, and a patio area.
Where is this duplex located?
The property is located at 1540 Orchard Ave San Leandro, CA.
What is the asking price?
The asking price for this property is $699,950.
What are key features of this property?
This property features: Two units: one 2‑bedroom, 1‑bathroom residence and one 1‑bedroom, 1‑bathroom residence; 1,194 square feet; built in 1902; Washer and dryer hookups in both units
