16-Unit Apartment Building with
New
For Sale
$3,300,000
1586 Pacific Ave, San Leandro, CA 94577
Unit mix is weighted toward two-bedroom residences and includes on-site laundry facilities.
Property Size5,859 SF
Days on Market2
Property Features for 1586 Pacific Ave
General Information
Standard status
Active
Size
5,859 SF
Property subtype
Multifamily
Occupancy
97%
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 3BR/1BA, 13 x 2BR/1BA, 2 x 1BR/1BA
Multifamily Units
16
Additional Details
Cap Rate
6.62%
Amenities
on-site laundry
Covered Parking
Two On-Site Laundry Rooms
Central Bay Area Location
Building Details
Building Size
5,859 SF
Units
16
Listing Agency:
Palo Alto Office
(650) 391-1736
Listed By:
Omid Azimzadeh · License #License(s): CA: 02094498
(650) 391-1736
Source:
Marcusmillichap
Added: Aug 30
Changed: Aug 31
Last Checked: Aug 31 at 8:43AM
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 Palo Alto Office
Investment Insights
Based on property information with market context.
The apartment property at 1574–1586 Pacific Avenue contains 16 units, including one 3-bedroom/1-bathroom residence, thirteen 2-bedroom/1-bathroom residences, and two 1-bedroom/1-bathroom residences. Tuck-under parking and two laundry rooms serve the property.
The San Leandro location is less than one mile from the San Leandro BART Station, with access to Interstate 880, State Route 112, and State Route 185. Halkin Elementary School, John Muir Middle School, and Lincoln High School are nearby, along with shopping, dining, and daily services. The property is associated with a 6.62% cap rate.
The San Leandro location is less than one mile from the San Leandro BART Station, with access to Interstate 880, State Route 112, and State Route 185. Halkin Elementary School, John Muir Middle School, and Lincoln High School are nearby, along with shopping, dining, and daily services. The property is associated with a 6.62% cap rate.
Key Highlights
- 16‑unit apartment property at 1574–1586 Pacific Avenue
- Unit mix includes one 3‑bedroom/1‑bathroom, thirteen 2‑bedroom/1‑bathroom, and two 1‑bedroom/1‑bathroom units
- Tuck‑under parking included
Property Analytics
Property Profile
Current Use
Lease Details
16
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Unit mix is weighted toward two-bedroom residences and includes on-site laundry facilities.
Where is this apartment building located?
The property is located at 1586 Pacific Ave San Leandro, CA.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: 16‑unit apartment property at 1574–1586 Pacific Avenue; Unit mix includes one 3‑bedroom/1‑bathroom, thirteen 2‑bedroom/1‑bathroom, and two 1‑bedroom/1‑bathroom units; Tuck‑under parking included
