Listing is for both 1461 & 1475 150th Ave in San Leandro. 1461 & 1475 150th consists of 14 total units, comprised of two seven-unit buildings on separate parcels. The two-story structures were built in 1960 and offer tenants 12 covered parking spaces, 2 surface parking spaces as well as a community laundry room. The building has been well maintained during the current ownership’s hold period spanning more than three decades. A new owner can unlock significant upside by modernizing the already well-maintained building exterior and common areas as well as renovating units to a modern style finish on unit turnover. Cap Rate: 5.77% (8.21% Market) / GRM: 11.32 (8.77 Market). Cash on Cash estimated at 2.96% in Year 1 to grow to an estimated 17.00% over 10-year hold.
Property Details
Property Features
Property Information:
Year Built: 1960
Listing Office:
Office Name: Marcus & Millichap
Office Phone: (510) 379-1200
Listing Agent: Joseph Owens
Interior Features
Interior Information:
Appliances: Gas Water Heater
Lot Features
Lot Information:
Lot Size: 0.35 Acres
Utilities
Utilities Information:
Heating: Natural Gas, Wall Furnace
Other
Directions Information:
Directions: On 150th Ave, east of E 14th St Cross Street: E 14th St.
Price Information
Listing Price Info
Price Summary:
List Price: $3,200,000
Tax Information:
Annual Amount: $12,189
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in San Leandro, CA.
This property is $2.3M more than the Median Sold Price in San Leandro, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #41058446
Listing Office:
Office Name: Marcus & Millichap
Office Phone: (510) 379-1200
Listing Agent: Joseph Owens
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/17/2024, 6:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jun 29, 1989
Jun 29, 1989Home Sold
$451,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$12,189
$780,475
2020
$12,189
$772,474
2019
$11,546
$757,330
2018
$10,967
$742,483
2017
$10,967
$727,927
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Jefferson Elementary School
14300 Bancroft Ave
Distance between this listing and this school0.56 miles
Public District Grades KG-5
3
/10
Hillside Elementary School
15980 Marcella St
Distance between this listing and this school0.73 miles
Public District Grades KG-5
3
/10
Hesperian Elementary School
620 Drew St
Distance between this listing and this school0.94 miles
Public District Grades KG-5
Nearby Schools
2
/10
Edendale Middle School
16160 Ashland Ave
Distance between this listing and this school0.94 miles
Public District Grades 6-8
4
/10
Washington Manor Middle School
1170 Fargo Ave
Distance between this listing and this school1.69 miles
Public District Grades 6-8
3
/10
Bancroft Middle School
1150 Bancroft Ave
Distance between this listing and this school1.80 miles
Public District Grades 6-8
Nearby Schools
5
/10
San Leandro High School
2200 Bancroft Ave
Distance between this listing and this school1.03 miles
Public District Grades 9-12
4
/10
San Lorenzo High School
50 E Lewelling Blvd
Distance between this listing and this school1.41 miles
Public District Grades 9-12
3
/10
Lincoln High (Continuation)
2600 Teagarden St
Distance between this listing and this school1.85 miles
The neighbors living near this home have an average income of $69,093. Residents of San Leandro, CA typically earn between $35k-100k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1461 150th Ave
What is the listing price of this property?
The listing price of 1461 150th Ave property is $3,200,000.
What type of property is this?
The property 1461 150th Ave is a house located in San Leandro, California, 94578.
Is this property for sale now?
Active Listing: 1461 150th Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $12,189 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on June 29, 1989 for $451,000. (source: MLS/tax record).
Which year was this property built?
The year of construction for 1461 150th Ave is 1960.
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This home is located at 1461 150th Ave in San Leandro, CA and zip code 94578 in the Halcyon / Foothill neighborhood. This home, which was built in 1960, sits on a 0.35 acre lot. It has been listed on Rocket Homes since May 03, 2024 and is currently priced at $3,200,000.
Over 27 listings were sold over their listed price in October 2024 in San Leandro, CA. In the same period over 10 listings were sold below the listed price and 4 listings were sold for the listed price. The number of listings in San Leandro, CA decreased by 2% between September 2024 and October 2024. While the average time on the market in October 2024 was 31 days, the median list price was $837,000.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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