San LeandroDowntown San Leandro1639 Washington Avenue

San Leandro, California, Alameda County, 94577

$2,750,000
 Obtener indicaciones
 
Open House
Size
.5212 acres
Exterior
Financial
Details
Land
Tipo de inmueble
San Leandro Unified
Distrito escolar
425068187
ID web
425068187
ID de MLS

1639 Washington Avenue

We are excited to present a rare opportunity to acquire a 0.52-acre development site in downtown San Leandro. Located at 1659 & 1693 Washington Ave, the property features a level 22,702 SF lot with full utility access, offering immediate development potential. Situated in a vibrant and expanding East Bay submarket, the site is zoned and ideally suited for high-density residential projects. It was previously entitled for a 60-unit multifamily development, giving developers the chance to revive those entitlements or pursue a new plan aligned with current market demand and planning goals. This prime downtown San Leandro location is walkable, lively, and transit-connected with direct access to the Greater Bay Area. Both parcels are currently on month-to-month rental agreements and can be delivered vacant. The commercial property is leased to an auto repair business, while the residential property includes a modest single-family home built in 1926. If the buyer prefers to assume the rental agreements while securing entitlements, the auto repair building generates $5,500 monthly, and the house brings in $2,200, totaling $7,700 in monthly rental income. APNs: 75661 & 75651

Listing Courtesy of Haili Wu , Kidder Mathews
Contact Agent