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1461-1475 150th Ave
San Leandro, CA 94578

$3,200,000 USD

Apartments For Sale  •  9,492 SF

Property Details

• Property Type Apartments
• Total Building Size 9,492 SF
• Lot Size 0.35 AC
• Building Class C
• Year Built 1960
• Zoning C2, San Leandro

56 Transit Score

85 Walk Score

Highlights

Located within the Bay Fair TOD Specific Plan Area (targeted infrastructure spending to increase walkability & vibrancy)

Well maintained asset with long term tenancy on the market for the first time in three decades

Strong unit mix with 8 two bedroom units and 6 one bedroom units

Market Cap Rate: 7.66% / Market GRM: 9.32. Cash on Cash (estimate): 2.60% in Year 1, 9.80% in Year 5, 15.03% in Year 10

Separately metered for gas and electricity and tenants pay their own garbage

Walkable to grocery, Bay Fair BART, Target, CVS and BAYFAIR Center

Amenities

• 24 Hour Access
• Air Conditioning
• Laundry Facilities
• Kitchen
• Refrigerator
• Oven
• Tub/Shower
• Walk-Up

Public Transportation

Commuter Rail	Drive	Walk	Distance
Hayward Amtrak (Capitol Corridor - Amtrak)	8 min	-	4.3 mi
Hayward (Capitol Corridor - Capitol Corridor Joint Powers Authority)	8 min	-	4.3 mi
Transit/Subway	Drive	Walk	Distance
Bay Fair Station (Dublin/Pleasanton - Millbrae - Bay Area Rapid Transit (BART), Fremont - Daly City - Bay Area Rapid Transit (BART), Fremont - Richmond - Bay Area Rapid Transit (BART))	3 min	16 min	0.8 mi
Airport	Drive	Walk	Distance
Metro Oakland International	12 min	-	6.9 mi
San Francisco International	33 min	-	26.0 mi
Norman Y Mineta San Jose International	38 min	-	30.5 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	2
Type:	Surface
Included in Rent:	Yes