San Leandro, CA 94578,16118 Mateo St
San Leandro, CA 94578,16118 Mateo St
San Leandro, CA 94578,16118 Mateo St
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Listed by Timothy Warren • NAI Northern California
$1,625,000
Est. payment /mo
3,736 SqFt
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Key Details

Property Type Commercial

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 3,736 sqft

Price per Sqft $434

MLS Listing ID 41104875

HOA Y/N No

Year Built 1957

Lot Size 0.329 Acres

Property Sub-Type 5 or More Units

Source Bridge AOR

Property Description

16118 Mateo Street is a 6-unit multi-family property located in the desirable city of San Leandro. This building presents a fantastic investment opportunity, offering spacious and private units, each separated by a garage—ensuring no shared walls and enhanced tenant privacy. Features include in-unit washers and dryers, individual direct-access garages, and vinyl windows. Three units have been recently remodeled. Tenants pay for ALL utilities, including electricity, gas, water, AND garbage, minimizing operational expenses. This is a rare opportunity to acquire a well-located turnkey asset with excellent day-1 cash flow. 16118 Mateo Street offers easy access to I-580 and I-880, providing seamless commutes throughout the Bay Area. The property is just 0.6 miles from the Bayfair BART station, ensuring quick connections to Oakland and San Francisco. Tenants enjoy convenient shopping and dining with Bayfair Center, San Leandro Plaza, and downtown San Leandro all nearby. This well-connected location enhances rental demand and long-term investment potential.

Location

State CA

County Alameda

Interior

Heating Wall Furnace

Cooling None

Flooring Hardwood, Tile

Fireplace No

Building

Lot Description Rectangular Lot


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Bay East AOR and Contra Costa AOR

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agent

Deeana Owens

+1(678) 250-3471

Broker | Owner | CA BRE#CA: 02015510, GA: 295613

Broker | Owner CA BRE#CA: 02015510, GA: 295613

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