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Property profile

16549 E 14Th St San Leandro, CA 94578

Investment properties
Property ID
US09-8225301
View Sample
5,604 SF 0.06 ac lot Built 1940
Individually Owned 17-yr Hold ~ Est. High Equity

Property summary

AI-generated overview

This exceptional investment opportunity in San Leandro, CA, presents a rare chance to acquire a thriving business alongside a substantial real estate portfolio. The offering encompasses two parcels totaling 8,666 square feet, featuring three buildings. The main asset is a 5,604-square-foot, two-story commercial storefront built in 1940, currently operating a successful leather and rug cleaning business, included in the sale price of $1,800,000 ($321.20/sq ft). This Class C building is situated on a 2,816-square-foot lot (APN: 80B-0300-6). The second property, on a 5,850-square-foot lot, includes two 2-bedroom, 1-bathroom residential units, each with existing tenants. One unit commands $1,300 per month on a one-year lease, while the other rents for $1,600 per month on a month-to-month basis. The commercial property owners utilize a garage and exterior parking space from the front residential unit for storage. Note that some utilities and access are shared between the properties. This represents a unique opportunity for owner-users or investors seeking a diversified portfolio with immediate income generation. The property is located at 16549 E 14th St, San Leandro, CA 94578.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1940
Construction TILT-UP CONCRETE
Total area 5,604 SF
Lot 0.06 ac (2,816 SF)
APN 80B-300-6
UPID US09-8225301

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$822k
Blend (final) Blend
$350k

Owner & transaction history

since 2008
5 recorded transactions
2008
$750,000
2008
Price N/A
2000
Price N/A
2000
$420,000
1996
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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