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San Leandro Development Opportunity
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1672 162nd Ave, San Leandro, CA 94578

Two adjacent parcels totaling ±15,066 sq ft for redevelopment.

Property SizeContact for details
Lot Size0.35 Acres
Days on Market171

Property Features for 1672 162nd Ave

General Information

Standard status Active
Lot size 0.35 Acres
Property subtype Special Purpose
Listing Agency: Century 21 Real Estate Alliance Castro Valley
Listed By: John Morra · License #CA01884598
Source: Crexi
Added: Feb 27 Changed: Aug 8 Last Checked: Aug 8 at 6:37AM

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 Century 21 Real Estate Alliance Castro Valley

Investment Insights

Based on property information with market context.

This offering presents a development opportunity in San Leandro, featuring two adjacent parcels being sold together as a single package. The combined lot size is approximately 15,066 sq ft per preliminary title. One parcel includes an existing 2-bedroom single-family residence, noted to be in poor condition and not considered livable, situated on an approximately 11,500 sq ft lot. The adjacent vacant parcel is approximately 3,566 sq ft. According to the preliminary report, there is one legal description, and the parcels are conveyed together as a single combined site. Zoned RSD-15 with a Medium Density Residential (MDR) land use designation, the site offers redevelopment potential. Prior planning guidance suggests the site may support approximately 3–7 units, with townhomes or small multifamily development likely appropriate. This location is near I-580 freeway access, East 14th Street, shopping, transit, and everyday amenities. The surrounding area features a mix of residential housing types, including nearby multifamily developments. The sale is AS-IS, and buyers are expected to conduct due diligence regarding zoning, unit count, development feasibility, and permitting. This property is suited for investors or developers looking to build condos, townhomes, or income-producing units.

Key Highlights

  • Prime development opportunity in a highly desirable San Leandro location.
  • Combined ±15,066 sq ft lot comprising two adjacent parcels.
  • Zoned RSD‑15 with Medium Density Residential (MDR) land use designation, offering strong redevelopment potential.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Pharmacy (Bike/Boat/Book/etc) Store Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

691
Businesses Nearby

Demographics for 94578, CA

40,957
Population
14,819
Households
2.8
Avg Household Size
37
Median Age
25%
College-Educated
82%
High-School Grad
4.6 sq mi
ZIP Area
8,904
Density / Sq Mi
$89,149
Median Household Income
$47,672
Median Earnings
$2,077
Median Rent
$793,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Two adjacent parcels totaling ±15,066 sq ft for redevelopment.
Where is this residential land & home lot located?
The property is located at 1672 162nd Ave San Leandro, CA.
What is the asking price?
The asking price for this property is $645,000.
What are key features of this property?
This property features: Prime development opportunity in a highly desirable San Leandro location.; Combined ±15,066 sq ft lot comprising two adjacent parcels.; Zoned RSD‑15 with Medium Density Residential (MDR) land use designation, offering strong redevelopment potential.
More about this property
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