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Listed by Amit Urban • Magnify Real Estate
$1,880,000
Est. payment /mo
30,028 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Comm Lots and Land
Listing Status Active
Purchase Type For Sale
Square Footage 30,028 sqft
Price per Sqft $62
MLS Listing ID ML82043949
HOA Y/N No
Lot Size 0.689 Acres
Property Sub-Type Comm Lots and Land
Source Datashare MLSListings
Property Description
Seize a rare, shovel-ready redevelopment opportunity in the heart of San Leandro. This fully entitled mixed-use project delivers 36 residential units across a well-balanced unit mix (11 studios, 15 one-bedroom, and 10 two-bedroom homes) paired with 5,017 SF of street-level retail space designed to drive foot traffic and long-term income stability. With entitlements already secured and plans finalized, the heavy lifting is done. Investors can bypass the lengthy and uncertain approval process and move directly into development, significantly reducing both timeline risk and carrying costs. This dual-parcel assemblage presents an exceptional value-add proposition for build-and-hold investors seeking strong residential demand, diversified income streams, and meaningful upside in one of the East Bay's most accessible and transit-connected corridors.
Location
State CA
County Alameda
Interior
Fireplace No
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