Two-Unit Duplex with Private
226 Bristol BLVD San Leandro, CA 94577
For Sale
$688,000
Duplex for sale with two separate 1-bedroom, 1-bath units, each with in-home laundry and a private garage.
Property Size1,323 SF
Lot Size0.11 Acres
Price / SF$520.03
Days on Market18
Property Features for 226 Bristol BLVD
General Information
Standard status
Active
Size
1,323 SF
Lot size
0.11 Acres
Property subtype
Multi Family
Building Details
Year Built
1943
Listing Agency:
Compass
(925) 998-1171
Listed By:
Christina Gray · License #02113801
(925) 998-1171
Source:
Exitrealty
Added: Jul 12
Changed: Jul 23
Last Checked: Jul 28 at 3:20AM
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 Compass
Investment Insights
Based on property information with market context.
This duplex offers two separate 1-bedroom, 1-bath units designed for comfortable everyday living. Both homes feature in-home laundry and open flow from living areas into the dining space and kitchen. The units have different flooring finishes, with unit 228 featuring hardwood floors and unit 226 featuring luxury vinyl planks with hardwood underneath. Each residence includes its own private garage for parking and storage.
Recent improvements include fresh landscaping, an updated sprinkler system, and interior and exterior paint. The property is located near shopping, dining, schools, public transportation, BART, and major commuter routes including I-580 and I-880, supporting convenient access throughout the Bay Area.
The arrangement provides flexibility for owner-occupancy or tenant leasing, with two independent units under one property.
Recent improvements include fresh landscaping, an updated sprinkler system, and interior and exterior paint. The property is located near shopping, dining, schools, public transportation, BART, and major commuter routes including I-580 and I-880, supporting convenient access throughout the Bay Area.
The arrangement provides flexibility for owner-occupancy or tenant leasing, with two independent units under one property.
Key Highlights
- 1943‑built duplex on a 4,959 SF lot with two separate 1BD/1BA units
- Two 1‑bedroom, 1‑bath units with approx. 1,323 SF combined living space
- Each unit includes in‑home laundry and its own private garage for parking/storage
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 | $67.5k | $51.00 |
| − Vacancy | −$4.0k | −$3.05 |
| EGI | $63.4k | $47.95 |
| − OpEx | −$19.0k | −$14.39 |
| NOI | $44.4k | $33.57 |
1,323 SF · lease $51.00/SF/yr · vacancy 5.98% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$634.4K
$555.1K – $740.1K
NOI $44,407 @ 7.0% cap · market cap 6.45%
Second Best
Apartment 5plus
$273.8K
$239.6K – $319.4K
NOI $19,165 @ 7.0% cap · market cap 2.79%
Theoretical Best
Retail
$6.03M
$5.28M – $7.04M
NOI $422,204 @ 7.0% cap · market cap 61.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Duplex for sale with two separate 1-bedroom, 1-bath units, each with in-home laundry and a private garage.
Where is this duplex located?
The property is located at 226 Bristol BLVD San Leandro, CA.
What is the asking price?
The asking price for this property is $688,000.
What are key features of this property?
This property features: 1943‑built duplex on a 4,959 SF lot with two separate 1BD/1BA units; Two 1‑bedroom, 1‑bath units with approx. 1,323 SF combined living space; Each unit includes in‑home laundry and its own private garage for parking/storage
