Duplex with Outdoor
For Sale
$699,950
Pending
1540 Orchard Ave, San Leandro, CA 94577
Residential Income, San Leandro, CA
Property Size1,194 SF
Lot Size0.12 Acres
Days on Market105
Property Features for 1540 Orchard Ave
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
3
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 1, Bathroom 4, Bathroom 2, Bedroom 2, Bathroom 3, Bedroom 1, Bedroom 3
Parking features
Parking Lot
Window features
Window Coverings
Exterior features
Back Yard, Front Yard, Lawn Sprinkler
Fencing
Fenced
Appliances
Gas Water Heater
Subdivision
Old San Leandro
Lot features
2 Houses / 1 Lot, Level
Elementary school district
Not Listed
High school district
San Leandro (510) 667-3500
Directions
Davis~ Orchard..
Standard status
Pending
APN
7511011
Size
1,194 SF
Lot size
0.12 Acres
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Ceiling Fan(s)
Water source
Public
Amenities
washer and dryer hookups
front yard
backyard with patio
outdoor storage space
Building Details
Year built
1902
Number of units
2
Flooring type
Laminate, Carpet, Vinyl, Linoleum
Building materials
Aluminum Siding
Roof type
Composition
Listing Agency:
RE/MAX Accord · RE/MAX International
(925) 847-8900
Listed By:
Bob Baptiste
(925) 277-0700
Added: Jul 6
Changed: Oct 17
Last Checked: Oct 18 at 12:06PM
MLS# 41140530
Copyright © 2026 Bay East. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This duplex contains two residential units: one with two bedrooms and one with one bedroom. Both units include washer and dryer hookups. The property also features front and rear yard areas, a patio, fencing, exterior storage, and a gas water heater. Interior finishes include vinyl, linoleum, laminate, and carpet, with forced-air natural gas heating and ceiling fans.
Built in 1902, the property encompasses 1,194 square feet on a 0.1182-acre lot. Public water and public sewer serve the site, which is located in San Leandro near BART, parks, shopping, public transportation, and major freeways. The address is 1540 Orchard Ave, San Leandro, CA 94577.
Built in 1902, the property encompasses 1,194 square feet on a 0.1182-acre lot. Public water and public sewer serve the site, which is located in San Leandro near BART, parks, shopping, public transportation, and major freeways. The address is 1540 Orchard Ave, San Leandro, CA 94577.
Key Highlights
- Two‑unit duplex with one 2‑bedroom unit and one 1‑bedroom unit
- 1,194 square feet on a 0.1182‑acre lot
- 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.
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Property Analytics
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Current Use
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
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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 residential units include washer and dryer hookups, fenced yard areas, a patio, and exterior storage.
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‑unit duplex with one 2‑bedroom unit and one 1‑bedroom unit; 1,194 square feet on a 0.1182‑acre lot; Washer and dryer hookups in both units
