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San Leandro Multifamily Investment Opportunity
For Sale
$1,559,900

225 Chumalia Street, San Leandro, CA 94577

Two contiguous 7-unit buildings near transportation and employment hubs.

Property Size14,810 SF
Price / SF$105.33
Days on Market174

Property Features for 225 Chumalia Street

General Information

Standard status Active
Size 14,810 SF
Property subtype Multi-Family
Listing Agency: Colliers International
Listed By: Readdress
Source: Readdress
Added: Mar 27 Changed: Sep 12 Last Checked: Sep 15 at 7:11AM

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 Colliers International

Investment Insights

Based on property information with market context.

Located in the Old San Leandro neighborhood, 225 & 243 Chumalia Street consist of two contiguous, individually parceled 7-unit buildings, totaling 14 units. The property benefits from commuter connectivity, with access to multiple bus lines, major transportation corridors, and the San Leandro BART station less than half a mile away, providing access to the greater Bay Area. The location is within a dense concentration of high-growth industries, including healthcare, innovation infrastructure, and life sciences. The property offers cash flow and potential rental upside through unit turnover. San Leandro has adopted Ordinance No. 2026-001, capping annual increases at the lesser of 3% or 65% of CPI effective January 1, 2027. The property provides a combination of cash flow with a path to long-term appreciation, reinforced by market fundamentals and tenant demand. The property size is 9252 square feet.

Key Highlights

  • Strong in‑place cash flow with over 19% potential rental upside.
  • Excellent commuter connectivity: close to bus lines, major transportation, and San Leandro BART (less than 0.5 miles).
  • Located in the heart of the Old San Leandro neighborhood.

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Carpet & Flooring Store Garden Center Home Appliance Store Hotel & Motel (Bike/Boat/Book/etc) Store Veterinary Clinic

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

2,132
Businesses Nearby

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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two contiguous 7-unit buildings near transportation and employment hubs.
Where is this apartment building located?
The property is located at 225 Chumalia Street San Leandro, CA.
What is the asking price?
The asking price for this property is $1,559,900.
What are key features of this property?
This property features: Strong in‑place cash flow with over 19% potential rental upside.; Excellent commuter connectivity: close to bus lines, major transportation, and San Leandro BART (less than 0.5 miles).; Located in the heart of the Old San Leandro neighborhood.
More about this property
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