1190 Davis St, San Leandro, CA 94577

$4,200,000
8,325
SqFt

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List Price
$4,200,000
MLS#
41140857
Property Type
Multifamily
Sqft. of Residence
8,325
Lot Size
30,188
Region
San Leandro
Status
ACTIVE
County
Alameda
Acres
0.69
Year Built
1947
Parking Spaces
20

Property Description

The property features an approximately 5,000 sq. ft. front building that was previously used as a church, 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 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 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

Basement
Other
Living Area
8,325
Lot Size
30,188
Possession
Close Of Escrow
Region
San Leandro
Roof
Composition, Shingle
Subdivision
Alameda

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Listing courtesy of ERS Premier.

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