16118 Mateo St Active

San Leandro,CA 94578

$ 1625000

- Bed

- Bath

3736 SqFt


Key Details

Property Type Multi-Family, Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 3,736 sqft

Price per Sqft $434

MLS Listing ID EB41104875

Year Built 1957

Lot Size 0.329 Acres

Property Sub-Type Five or More Units

Source Bridge MLS

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

Area Hayward

Interior

Heating Wall Furnace

Cooling None

Flooring Tile,Hardwood

Exterior

Exterior Feature Stucco

Parking Features Attached Garage,Enclosed,Gate / Door Opener,Guest / Visitor Parking

Garage Spaces 14.0

Building

Lot Description Regular

Sewer Sewer - Public

Water Public

Others

Tax ID 80-54-39-4

Special Listing Condition Not Applicable

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