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16118-16152 Mateo St
San Leandro, CA 94578
7.03% Cap Rate | In-Unit Laundry, Garages · Multifamily Property For Sale
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6 Units
Investment Highlights
- Prime Investment Opportunity – 6-unit multi-family property in the desirable city of San Leandro.
- Modern Amenities – All units feature in-unit washers and dryers, individual direct-access garages, and vinyl windows.
- Low Operating Expenses – Tenants pay for ALL utilities, including electricity, gas, water, and garbage, keeping costs minimal for the owner.
- Unique Layout for Privacy – Each unit is separated by a garage, ensuring no shared walls and enhanced tenant privacy.
- Recent Upgrades – Three units have been recently remodeled, adding to the property’s long-term value.
- Turnkey Asset with Immediate Cash Flow – A well-maintained property offering strong rental appeal and excellent day-1 cash flow.
Property Facts
Amenities
- Smoke Detector
Unit Amenities
- Storage Space
- Washer/Dryer
- Heating
- Tile Floors
- Kitchen
- Hardwood Floors
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Yard
- Breakfast Nook
- Dining Room
- Double Pane Windows
- Porch
- Large Bedrooms
- Quartz Countertops
Site Amenities
- 24 Hour Access
- Controlled Access
- Car Wash Area
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | $1,925 | 600 |
| 2+1 | 2 | $2,036 | 738 |
Property Taxes
| Parcel Number | 080-0054-039-04 | Improvements Assessment | $1,016,940 |
| Land Assessment | $663,000 | Total Assessment | $1,679,940 |
Property Taxes
Parcel Number
080-0054-039-04
Land Assessment
$663,000
Improvements Assessment
$1,016,940
Total Assessment
$1,679,940
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