The Mitchell Warren Team is pleased to present 16118 Mateo Street, a 6-unit multi-family property located in the desirable city of San Leandro. This building presents a fantastic investment opportunity, offering spacious and private units, each separated by a garage— ensuring no shared walls and enhanced tenant privacy. Features include in-unit washers and dryers, individual direct-access garages, and vinyl windows. Three units have been recently remodeled. Tenants pay for ALL utilities including electricity, gas, water, AND garbage minimizing operational expenses. This is a rare opportunity to acquire a well-located turnkey asset with excellent day-1 cash flow. 16118 Mateo Street others easy access to I-580 and I-880, providing seamless commutes throughout the Bay Area. The property is just 0.6 miles from the Bayfair BART station, ensuring quick connections to Oakland and San Francisco. Tenants enjoy convenient shopping and dining with Bayfair Center, San Leandro Plaza, and downtown San Leandro all nearby. This well-connected location enhances rental demand and long-term investment potential.
Property Details
Price:
$1,695,000
MLS #:
41086007
Status:
Active
Baths:
0
Address:
16118 Mateo St
Type:
Residential Income
City:
San Leandro
Listed Date:
Feb 14, 2025
State:
CA
ZIP:
94578
Lot Size:
14,328 sqft / 0.33 acres (approx)
Year Built:
1957
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Schools
Interior
Cooling
None
Heating
Wall Furnace
Exterior
Parking Spots
8.00
Financial
Association Fee
0.00
Tenant Pays
Gas
Map
Community
- Address16118 Mateo St San Leandro CA
- CitySan Leandro
- CountyAlameda
- Zip Code94578
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16118 Mateo St
San Leandro, CA
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