Active

16118 Mateo St

San Leandro CA, 94578

$1,695,000


$453.69 per sqft

Active

3,736 sqft

Residential

Built in 1957

The Mitchell Warren Team is pleased to present 16118 Mateo Street, 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 others 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.

41086007

MLS ID

February 15, 2025

Listed

February 21, 2025

Updated

Interior Features

Floor Description

Hardwood, Tile


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Lot Size

0.33 Acres


Exterior Features

Garden


Lot Features

Paved, Landscape Misc


Sewer

Public Sewer

Other Property Details

Area Name

San Leandro


Garage

Yes


Parking

Attached, Enclosed, Garage, Guest


Parking Total

6


View

No


County

Alameda


Water Source

Public


Pool

No


Utilities

Individual Electric Meter, Individual Gas Meter

Listed by Timothy Warren with NAI Northern California
Listing Contact: 510-336-4719 

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