Don’t miss this rare opportunity to own a high cash flow property with 2 legal units on a spacious corner lot. Each unit has its own PG&E meter and private entrance from a different street, offering excellent privacy and flexibility. The front unit features 2 beds 1 bath, along with a dedicated laundry area. With a bit of vision, it can easily be converted into a 3 beds 2 baths home with an open-concept layout. Adding a large deck would make it the perfect space for outdoor entertaining, from weekend BBQs to gatherings with friends and family. The back unit offers 1 bed 1 bath, along with a cozy living room filled with natural light from a skylight and a charming, functional kitchen. This layout is ideal for extended family, rental income, or even a private home office setup. The generous corner lot provides unique advantages. You could divide the yard so that each unit has its own private outdoor space or open the side gate to create RV access. This setup is ideal for living in one unit while renting out the other, or renting both for outstanding income potential. Located in a friendly, established neighborhood with convenient access to BART and major freeways. While similar homes in the area are listed for much more, this hidden gem just needs a bit TLC to shine again.
MLS #
BE41102838
MLS Source
Bay East
Days on Site
25
Kitchen
Countertop - Solid Surface / Corian
Appliances
Other
Dining Room
Other
Fireplace
Other
Flooring
Carpet - Wall to Wall, Tile, Wood
Laundry
Laundry Area - In Unit, Other
Cooling
Other
Heating
Forced Air
Roof
Composition
Pool
None, Pool - No
Style
Other
Garage/Parking
No Garage, Off-Street Parking, Parking Space(s), Garage: 0 Car(s)
Sewer
Public Sewer
Water
Public
494 Lewis Ave is a Single Family Residence in San Leandro, CA 94577. This 1,297 square foot property sits on a 5,412 Sq Ft Lot and features 3 bedrooms & 2 full bathrooms. It is currently priced at $698,000 and was built in 1926.
This address can also be written as 494 Lewis Ave, San Leandro, CA 94577.©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 July 14, 2025. For the most current information, please contact Roy Zheng, (408) 464-4491