357 Investments is pleased to offer for sale 1993 Quebec Avenue, a well-maintained residential fourplex conveniently located off Lewelling Boulevard in San Leandro, California. The property provides an excellent opportunity for a risk-averse buyer to obtain a fully occupied, turn-key asset with numerous upgrades and enjoy immediate upside, as all the leases are significantly below market and on a month-to-month basis. Constructed in 1963, the property is situated on a 6,200 square foot lot with 3,576 rentable square feet. The unit mix includes three (3) two-bedroom/one-bathrooms (2+1) and one (1) three-bedroom/two-bathroom (3+2). All of the units feature electric stoves and gas wall heaters. The 3+2 unit was recently completely remodeled and features new wood laminate floors, a new stove, granite countertops, and new tubs/showers. The remaining units feature several similar upgrades. The units are separately metered with the tenants paying PG&E (except common fees totaling $50/month) and the landlord paying water, while trash is split with the other fourplex on the lot. Four covered parking spaces and an abundance of free street parking along Quebec Avenue offer peace of mind for residents. The property also features spacious patios in the front of the building and above the carport, as well as a coin laundry room currently charging $2.00 for both the washer and dryer. Residents enjoy the convenience of the propertyâ??s excellent, quiet location, which is within close proximity to numerous retail shops, restaurants and grocery stores, as well as parks and hiking trails featuring specacular views of the San Francisco Bay.
Off market
Zestimate®
$1,307,400
1993 Quebec Ave, San Leandro, CA 94579
9beds
5baths
3,576sqft
MultiFamily
Built in 1963
-- sqft lot
$1,307,400 Zestimate®
$366/sqft
$2,805 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 5
Features
- Has fireplace: No
Interior area
- Total interior livable area: 3,576 sqft
Property
Parking
- Parking features: Carport
Lot
- Size: 6,185 sqft
Details
- Parcel number: 80G10994
Construction
Type & style
- Home type: MultiFamily
Materials
- wood frame
Condition
- Year built: 1963
Community & neighborhood
Location
- Region: San Leandro
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Estimated market value
$1,307,400