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392-398 MacArthur Blvd 4,046 SF Retail Building San Leandro, CA 94577 $1,188,000 ($293.62/SF)
Investment Highlights
- Diverse Five-Unit Mix
- Premium Owner-User Flexibility
- Strategic High-Traffic Location
- Delivered Fully Vacant
- Value-Add & Density Play
- Separately metered for gas and electricity
Executive Summary
Introducing 398 MacArthur Blvd, a high-potential mixed-use asset in San Leandro featuring 3 retail storefronts and 2 residential units. Perfect for an owner-user to live in the spacious 2BR/2BA while operating a business on-site, with the remaining 1BR/1BA unit and retail spaces helping subsidize the mortgage.
With strong street visibility, separate gas and electricity metering for efficient expense management, and vacant space for immediate lease-up or repositioning, this property offers both income and flexibility. Additional upside includes ADU potential and a 2-car detached garage, making it a compelling opportunity in a high-demand location.
With strong street visibility, separate gas and electricity metering for efficient expense management, and vacant space for immediate lease-up or repositioning, this property offers both income and flexibility. Additional upside includes ADU potential and a 2-car detached garage, making it a compelling opportunity in a high-demand location.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
4,046 SF
Building Class
C
Year Built/Renovated
1935/2026
Price
$1,188,000
Price Per SF
$293.62
Building Height
1 Story
Building FAR
0.53
Lot Size
0.18 AC
Zoning
CC(H)
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 076-0318-008-02 | Improvements Assessment | $312,470 |
| Land Assessment | $276,416 | Total Assessment | $588,886 |
Property Taxes
Parcel Number
076-0318-008-02
Land Assessment
$276,416
Improvements Assessment
$312,470
Total Assessment
$588,886
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392-398 MacArthur Blvd
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