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    1290 141st Ave San Leandro, CA 94578-2745
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    Property profile & analytics

    1290 141st Ave San Leandro, CA 94578-2745


    • Apartment buildings
    • 3,196 SF
    • 0.15 lot acres
    Off-Market
    Last Sale Mar 5, 2025
    $1,365,000
    Property ID
    US09-7755744
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,285,000
    Show details
    Cap Rate Potential
    3.7%
    Apartment buildings
    Location Intelligence

    Current Use by Public Records

    • Apartment buildings

    Property Details for 1290 141st Ave

    Year built
    1959
    Construction
    WOOD
    Lot size
    0.15 lot acres
    Property size
    3,196 SF
    Property type
    Apartment buildings
    APN
    77D-1432-43
    APU
    77D143243

    Description

    This exceptional investment opportunity presents a meticulously updated five-unit apartment building nestled in San Leandro's Halcyon neighborhood at 1290 141st Ave, CA 94578. Built in 1959 and extensively renovated in 2022, this 3,196 square foot building sits on a 0.15-acre lot and boasts a remarkable 100% occupancy rate. The property comprises four spacious one-bedroom units and one two-bedroom unit, each individually metered for gas and electricity, with tenants responsible for their own garbage disposal. Conveniently located near shopping, San Leandro Hospital, and public transportation, this property enjoys a Walk Score of 86, ensuring high tenant desirability. The building offers significant upside potential for revenue generation through rent increases and the addition of ancillary income streams such as parking, storage, and laundry facilities. This is a prime opportunity for investors seeking a well-maintained, high-performing asset in a desirable location. The asking price is $1,475,000, translating to $295,000 per unit and $461.51 per square foot. The property is a Class C, two-story building. Detailed financial reports and offering memoranda are available upon request.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,260,000
      ML approach
      $1,285,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,156,000
      Market price range: $316k - $1.16M
    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $795,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $1,360,000
      Change: +71% Conversion: Difficult
      MEDICAL BUILDING
      $1,265,000
      Change: +59% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $1,055,000
      Change: +33% Conversion: Difficult
      OFFICE BUILDING
      $985,000
      Change: +24% Conversion: Moderate
      COMMERCIAL (GENERAL)
      $965,000
      Change: +22% Conversion: Moderate
      RETAIL STORES
      $775,000
      Change: -3% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    San Leandro
    County
    Alameda
    State
    California
    Longitude
    -122.14
    Latitude
    37.7116
    CBSA code
    41860
    CBSA name
    SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $21,128
    $504,070
    $872,518
    $1,376,588
    -
    $0.00
    $0.00
    $0.00
    More about this property
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