Duplex With Two 2BR
995 Karol Way San Leandro, CA 94577
995 Karol Way, San Leandro, CA, 94577
$1,295,000
For Sale
$1,295,000
Two 2-bedroom, 1.5-bath units make up a 2,792 SF duplex built in 1991.
Property Size2,792 SF
Price / SF$463.83
Days on Market27
Property Features for 995 Karol Way
General Information
- Standard status
- Active
- Size
- 2,792 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1991
Listing agency
BellStreet Inc.
(650) 282-0477
Listed by
Amit Urban · License #01998926
(650) 282-0477
Source
Exitrealty
Added: Jun 25 Updated: Jul 20 at 5:43PM Checked: Jul 21 at 5:42AM
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 BellStreet Inc.
Investment Insights
Based on property information with market context.
995 Karol Way is a duplex investment featuring two separate residential units. Each unit includes 2 bedrooms and 1.5 bathrooms, totaling 2,792 SF across the property. Built in 1991, the duplex offers a straightforward owner-user or rental configuration, with room to add modern upgrades.
The property is located near downtown San Leandro, with convenient access to shopping, dining, transit, and major employment centers across the Bay Area.
As a residential income property, it provides a flexible setup with two distinct units in one building, supported by the property’s near-downtown placement.
The property is located near downtown San Leandro, with convenient access to shopping, dining, transit, and major employment centers across the Bay Area.
As a residential income property, it provides a flexible setup with two distinct units in one building, supported by the property’s near-downtown placement.
Key Highlights
- Duplex built in 1991 offering 2,792 SF total building size
- Two units total, each with 2 bedrooms and 1.5 bathrooms
- Flexible layout for a high‑rental setup or an owner‑user configuration
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 | $142.4k | $51.00 |
| − Vacancy | −$8.5k | −$3.05 |
| EGI | $133.9k | $47.95 |
| − OpEx | −$40.2k | −$14.39 |
| NOI | $93.7k | $33.57 |
2,792 SF · lease $51.00/SF/yr · vacancy 5.98% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.34M
$1.17M – $1.56M
NOI $93,714 @ 7.0% cap · market cap 7.24%
Second Best
Apartment 5plus
$577.8K
$505.6K – $674.1K
NOI $40,445 @ 7.0% cap · market cap 3.12%
Theoretical Best
Retail
$12.73M
$11.14M – $14.85M
NOI $891,001 @ 7.0% cap · market cap 68.80%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two 2-bedroom, 1.5-bath units make up a 2,792 SF duplex built in 1991.
Where is this duplex located?
The property is located at 995 Karol Way San Leandro, CA.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: Duplex built in 1991 offering 2,792 SF total building size; Two units total, each with 2 bedrooms and 1.5 bathrooms; Flexible layout for a high‑rental setup or an owner‑user configuration
