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Off market
  • $2,087,663

    392 Callan Ave, San Leandro, CA 94577

    3beds
    2baths
    5,214sqft
    Lowrise (1-3 Flrs)
    Built in 1912
    -- sqft lot
    $-- Zestimate®
    $400/sqft
    $6,218 Estimated rent

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    $6,218/mo

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    $6,218/mo

    Rent Zestimate®

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    What's special

    392 Callan Avenue is on a 7,300 square foot lot and has a total of six units. The unit mix is very desirable and includes Two 1 Bedroom and Four 2 Bedroom units. The units have been renovated with hardwood floors, new cabinets, and appliances. Some units have in unit laundry and plenty of storage space. Additional community amenities include covered parking and new landscaping. The subject property is located just two blocks from San Leandro Plaza and Pelton Shopping center San Leandro's finest dining destinations are all within walking distance. With San Leandro BART located just a half mile away, this is an ideal location for tenants commuting to Downtown Oakland and San Francisco via BART. In place rents are significantly under market while rent growth in the East Bay remains extremely strong 392 Callan Street is an opportunity for investors to acquire a renovated asset and increase rents upon turnover.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    Heating
    • Gas
    Cooling
    • Other
    Features
    • Flooring: Hardwood
    • Basement: Other
    Interior area
    • Total interior livable area: 5,214 sqft

    Property

    Parking
    • Total spaces: 5
    Features
    • Exterior features: Other, Stucco
    Lot
    • Size: 7,405 sqft
    • Features: Other
    Details
    • Parcel number: 774561
    • Other equipment: Other

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Lowrise (1-3 Flrs)
    Materials
    • Roof: Other
    Condition
    • Year built: 1912

    Community & neighborhood

    Location
    • Region: San Leandro

    HOA & financial

    Other financial information
    • Total actual rent: 3494

    Other

    Other facts
    • Roof: Other
    • Heating: Gas
    • HeatingYN: true
    • CoolingYN: true
    • Flooring: Hardwood
    • NumberOfUnitsTotal: 6
    • ConstructionMaterials: Stucco
    • ParkingFeatures: Covered
    • MaintenanceExpense: 3300
    • Cooling: Other
    • TenantPays: Electricity, Gas, Water
    • ExteriorFeatures: Other
    • Basement: Other
    • LotFeatures: Other
    • OtherEquipment: Other
    • CapRate: 4.22
    • ProfessionalManagementExpense: 0
    • VacancyAllowance: 0
    • MlsStatus: Pending
    • GrossIncome: 127140
    • GrossScheduledIncome: 123962
    • InsuranceExpense: 2760
    • NetOperatingIncome: 86035
    • OperatingExpense: 37927
    • TotalActualRent: 3494
    • PropertySubType: Lowrise (1-3 Flrs)