Welcome to 1335 147th Avenue, a rare and versatile multi-family property located in the heart of San Leandro's Halcyon Foothill neighborhood. This expansive 6,472 sq ft complex comprises four separate units, totaling 11 bedrooms and 7 bathrooms, all situated on a generous 0.79-acre lot (approximately 34,250 sq ft). Currently generating $8,300 per month in rental income, this property offers a solid return on investment with a gross rent multiplier (GRM) of approximately 19.26. With its substantial lot size, there's significant potential for redevelopment or expansion, subject to city and county approvals. Each unit is thoughtfully designed to provide comfortable living spaces, and the property's location ensures easy access to shopping centers, dining options, parks, schools, and major freeways, enhancing its appeal to tenants and future buyers alike. Whether you're an investor seeking a stable income-producing asset or looking for a property with development potential, 1335 147th Avenue presents an exceptional buy-and-hold opportunity in a thriving community.
MLS #
BE41098028
MLS Source
Bay East
Days on Site
6
Flooring
Carpet - Wall to Wall, Laminate, Linoleum, Tile
Cooling
Air Conditioning - None
Heating
Other
Roof
Other
Garage/Parking
Other, Garage: Car(s)
Sewer
Public Sewer
Water
Public
Complex Amenities
Other
Listing Agent
Lennart Persson
Compass
License #: 02075210
Phone: (510) 760-3804
Co-Listing Agent
Thomas Lane
Compass
License #: 02213659
Phone: (510) 328-9254
# Buildings | # Leased Units | # Total Units |
---|---|---|
– | – | 4 |
Unit # | Sq Ft | Beds | Baths | Rent |
---|---|---|---|---|
1 | – | 3 | 0/0 | – |
2 | – | 3 | 0/0 | – |
3 | – | 2 | 0/0 | – |
4 | – | 2 | 0/0 | – |
1335 147th Ave is a Residential Income in San Leandro, CA 94578. This 6,472 square foot property sits on a 0.79 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,800,000 and was built in 1945.
This address can also be written as 1335 147th Ave, San Leandro, CA 94578.©2025 Bay East. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from Bay East.
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This listing information is up-to-date as of May 18, 2025. For the most current information, please contact Lennart Persson, (510) 760-3804