325 Joaquin Ave, San Leandro, CA 94577
- Office buildings
- 13,622 SF
- 0.36 lot acres
Current Use by Public Records
- ForeverRadiance Hormone Replacement Therapy Clinic / Medical Clinic
- Verronica Cox Mechanics / Auto Repair Shop
Property Details for 325 Joaquin Ave
- Year built
- 1986
- Construction
- WOOD
- Lot size
- 0.36 lot acres
- Property type
- Office buildings
- APN
- 75-14-15-1
- APU
- 7514151
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Apr 17, 2025 | $3,502,000 | Prasad Nepal Yagya | Ancheta Properties Joaquin LLC | Grant Deed | — |
| May 4, 2020 | — | Junell C Ancheta | Ancheta J & N Residual Trust | Quit Claim Deed · related | — |
| Jul 9, 2018 | $2,450,000 | Ancheta,j & N Residual Trust | Burke Gail Trust | Grant Deed | $2M · Burke Gail Trust (pt) |
| May 3, 2010 | — | Gail Burke | Bullio,michael E | Affidavit Of Death · related | — |
| Feb 26, 2007 | — | Burke Gail Trust | Bullio Michael E Trust | Grant Deed · related | — |
| Dec 28, 2006 | — | Bullio Michael E Trust | Bullio Michael E Trust | Quit Claim Deed · related | $300k · Bullio Michael E Trust |
| Mar 8, 2001 | $1,475,000 | Burke Trust | Ipi Properties LLC | Grant Deed | — |
| Jan 11, 1983 | $80,000 | — | — | Grant Deed · related | — |
| — | — | Joaquin Developm | — | Deed Of Trust · related | $975k · Wells Fargo Bank |
Description
This exceptional investment opportunity presents a fully occupied, 13,622 square foot Class B office building located at 325 W Joaquin Ave, San Leandro, CA 94577. The property boasts a 5.00% cap rate and a strong net operating income (NOI) of $179,177. Built in 1986, this two-story building comprises 16 units within a single structure, offering convenient elevator access and ample private parking. Currently operating at 100% occupancy, with the lease expiring August 31st, 2024, this stabilized investment provides immediate cash flow. The property is zoned DA-1 and is ideally suited for a 1031 exchange. The well-maintained building reflects the pride of ownership and presents a compelling opportunity for investors seeking a stable, high-return asset in the desirable San Leandro market within Alameda County. Detailed financial statements are available upon request. This is a turnkey investment ready for immediate ownership.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $3,375,000
- ML approach
- $3,275,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $4,895,000
- 6.5%
- $4,520,000
- 7%
- $4,195,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,339,000
Market price range: $3.12M - $6.13M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $4,525,000 Current use
- MEDICAL BUILDING
- $5,385,000 Change: +19% Conversion: Easy
- AUTO REPAIR, GARAGE
- $4,500,000 Change: -0% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $3,980,000 Change: -12% Conversion: Easy
- COMMERCIAL (GENERAL)
- $3,950,000 Change: -13% Conversion: Easy
- RETAIL STORES
- $3,670,000 Change: -19% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- San Leandro
- County
- Alameda
- State
- California
- Longitude
- -122.157
- Latitude
- 37.7231
- CBSA code
- 41860
- CBSA name
- SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
