For Sale, USD 699,000
1592 Oriole Avenue, San Leandro CA 94578, San Leandro, California, United States
Property Type : Multi-Family Home
Property Style : Contemporary
Build Size : 1,646 ft² / 153 m²
Land Size : N/A
Bedroom : 3
Bathroom : 3
Half Bathroom : 0
MLS#: N/A
Property Description
1592 Oriole Ave represents a compelling East Bay opportunity to acquire a well-located 3-unit residential income property in San Leandro's Ashland neighborhood, suitable for long-term investment, an owner-occupied hybrid, or small family compound. Per public tax records, the property consists of a 1951-built triplex featuring three separate 1BD/1BA units totaling approx. 1,646 SF, all within a single building on a 4,800 Sq Ft lot. The side-by-side, single-level configuration offers efficient, practical floor plans that have historically supported consistent rental demand. All 3 units are tenant occupied and generate approx. $64,260 gross annual income, providing possible cash flow with potential longer-term upside through future repositioning or rent optimization, subject to local rent regs. The property is set back on a level parcel and benefits from a wide concrete driveway, multiple private unit entries, and covered carport parking for 2 units, along with additional storage and possible parking areas to the rear, an uncommon convenience for comparable East Bay multifamily properties of this era. Centrally located, 1592 Oriole Ave offers convenient access to everyday retail, services, and regional transit. Nearby amenities include Bayfair Center w/ Target, Starbucks, and national retailers; local grocers such as FoodMaxx and Safeway; and neighborhood-serving shops and restaurants along E 14th St and Washington Ave. Commuter access via nearby BART, I-580, and I-238 provides efficient connectivity to San Leandro, Oakland, and the broader East Bay employment corridors. Do not disturb tenants.
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1592 Oriole Avenue, San Leandro CA 94578, United States,California,San Leandro is a 1,646ft² San Leandro luxury Multi-Family Home listed for sale USD 699,000. This high end San Leandro Multi-Family Home is comprised of 3 bedrooms and 3 baths. Find more luxury properties in San Leandro or search for luxury properties for sale in San Leandro.