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1888 Bancroft Ave, San Leandro, CA 94577

List Price: $2,000,000On Market FlagOn market
Jun 11, 20254,902 sqft10 beds0 baths
Listed by: Janet Cheung
License #: 02106218
Phone #: 510-418-9752
eXp Realty of California
Source:
CRMLS Logo
MLS #: 41101019

Property Description

An attractive opportunity to own a five (5) updated units located in the sought-after Assumption Parish neighborhood in San Leandro. It is located in the corner of Bancroft and Sybil. This 5-unit complex is NOT a soft story building with carports located adjacent to the building. Building is well maintained with updated electrical and plumbing systems. Highly desirable unit mix comprised of one (1) 3BR/2BA, three (3) 2BR/1BA and one (1) 1BR/1BA. One unit is being used by owner and will be delivered vacant with new appliances (all electric), making it available immediately for rent at market rate. Tremendously low expenses as tenants pay for all utilities. Coined laundry facility onsite provides extra income. Walking distance to schools, groceries, dining and coffee shops. Multiple public transportation options available. Ideal for new, 1031 or seasoned investors.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$30,783

TurboHome Estimated Value

$2,026,100

$413 sqft

High Valuation
$2,127,405
$434/sqft
Normal Valuation
$2,026,100
$413/sqft
Low Valuation
$1,924,795
$393/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$413/sqft$2,026,100

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