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    San Leandro Multifamily Investment Opportunity Title is generated by Realmo AI

    209 Dabner St, San Leandro, CA 94577

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    Claim this Listing
    For Sale
    $1,128,000

    MULTI_FAMILY - San Leandro, CA

    Property size:
    2,473 SF
    Lot size:
    0.12 Acres
    Price / SF:
    $456/SF
    Added:
    Mar 17, 2026
    Days on Market:
    98
    Last Refresh:
    Jun 22 at 4:06 am

    Property Features for 209 Dabner St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    8
    Bathrooms
    7
    Rooms
    Bedroom 7, Bathroom 2, Bathroom 6, Bedroom 1, Bathroom 4, Bedroom 5, Bedroom 6, Bedroom 4, Bedroom 3, Bathroom 3, Bathroom 1, Bathroom 7, Bathroom 5, Bedroom 2, Bedroom 8
    Parking features
    Parking Lot, Off Street
    Exterior features
    Low Maintenance
    Fireplace
    1
    Standard status
    Active
    APN
    751238
    Size
    2,473 SF
    Lot size
    0.12 Acres

    Utilities

    Heating system
    Wall Furnace

    Building Details

    Year built
    1920
    Number of units
    4
    Flooring type
    Laminate
    Building materials
    Concrete
    Roof type
    Shingle

    We can help!

    Listing Contact
    Yannie Lau

    Listing agent Yannie Lau

    Listing office Re/Max Accord 5980 Stoneridge Drive STE 122, Danville, CA

    Listing date Mar 17, 2026

    MLS# 41125459 Listing URL

    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.

    HighLights

    • Four‑unit apartment property across three separate buildings
    • One unit is currently vacant
    • Year built 1920 with concrete exterior construction
    • Wall furnace heating and shingle roofing
    • Laminate flooring throughout
    • Fireplace included; off‑street parking with parking lot

    Overview

    This four-unit apartment property, consisting of three separate buildings, presents a value-add investment opportunity. One unit is currently vacant, offering immediate potential for increased rental income or owner occupancy. The property is ready for modernization, making it suitable for investors looking to reposition and improve cash flow. Located near downtown San Leandro, it provides convenient access to shopping, dining, and everyday amenities. Its proximity to highways 580 and 880 enhances its appeal for tenants and commuters. The property, situated on a 0.1205-acre lot, includes a total area of 2473 square feet. This multifamily property is located in Alameda County, in the city of San Leandro, California.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $126.1k $51.00
    − Vacancy −$7.5k −$3.05
    EGI $118.6k $47.95
    − OpEx −$35.6k −$14.39
    NOI $83.0k $33.57
    2,473 SF · lease $51.00/SF/yr · vacancy 5.98% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $1.19M
    $1.04M – $1.38M (±1% cap)
    NOI $83,007 @ 7.0% cap · market cap 7.36%
    Second Best
    Apartment 5plus
    $511.8K
    $447.8K – $597.1K (±1% cap)
    NOI $35,824 @ 7.0% cap · market cap 3.18%
    Theoretical Best
    Retail
    $11.27M
    $9.87M – $13.15M (±1% cap)
    NOI $789,200 @ 7.0% cap · market cap 69.96%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    San Leandro
    County
    Alameda
    State
    California
    Longitude
    -122.168176
    Latitude
    37.723543

    FAQs

    What type of property is this?
    Quadplex - Four-unit property with value-add potential near downtown San Leandro.
    Where is this quadplex located?
    The property is located at 209 Dabner St San Leandro, CA.
    What is the asking price?
    The asking price for this property is $1,128,000.
    What are key features of this property?
    This property features: Four‑unit apartment property across three separate buildings; One unit is currently vacant; Year built 1920 with concrete exterior construction
    More about this property
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