1190 Davis St, San Leandro, CA 94577

$4,200,000

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Listed by Phillip Diep, (415) 286-8857 from ERS Premier
(If provided) CoList: from

List Price
$4,200,000
MLS#
EB41140857
Status
ACTIVE
Lot Size
30,188
Listing Area
San Leandro
Year Built
1947

Property Description

The property features an approximately 5,000 sq. ft. front building that was previously used as a church and is currently vacant, offering an excellent opportunity for an owner-user, religious organization, investor, or future redevelopment. The remaining approximately 3,325 sq. ft. consists of four residential units. Three units are currently tenant-occupied, providing immediate rental income, while one vacant 2-bedroom, 1-bath unit offers the flexibility for owner occupancy or additional rental income. Landlord pays for all utilities. In addition, the property includes a large storage/workshop building, providing added value and versatility for storage, workspace, maintenance operations, or other potential uses Combining a large lot, stable rental income, a vacant church building, and significant redevelopment potential, this property presents a rare value-add opportunity for investors, developers, religious organizations, and owner-users alike. Buyers are encouraged to verify zoning, permitted uses, and redevelopment possibilities with the appropriate local agencies.

Additional Information

Acres
0.69
Amenities
Storage Area(s)
Cooling System
Other, Central -1 Zone
Exterior Features
Composition Shingles, Stucco, Siding - Wood, Wood Frame
Floor Covering
Laminate, Hardwood
Garage Parking
Guest / Visitor Parking, Off-Site Parking, Parking Area
Heating System
Gas
Laundry Facilities
Laundry Area - In Unit
Lot Description
Other
Lot Size
30,188
Neighborhood
San Leandro
Numberof Units
5
Roof
Composition
Unincorporated Yn
Yes

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