RARE OPPORTUNITY WITH FLEXIBLE LIVING, OUTDOOR SPACE & A 2.5% ASSUMABLE VA LOAN! This move-in-ready property offers much more than the numbers suggest. The 1,425-SF main residence features 3 bedrooms and 1.5 baths, PLUS two separate finished studio spaces (approx. 365 SF and 216 SF 2006 SF Total), each with a full bath, kitchenette and mini-split HVAC ideal for guests, extended family, offices or flexible uses. The larger studio has a successful history of short-term rental use; the smaller has been used as a long-term rental. Buyer to investigate permitted uses. Even more exceptional: a FULLY ASSUMABLE VA LOAN with an approximate $497,000 balance at just 2.5% offering a qualified buyer potential savings of approximately $1,150 per month compared with current financing. The main home blends mid-century character with updates, including PPA solar, LED lighting, tankless water heater and EV hookup. The dine-in kitchen features quartz counters, updated cabinetry, stainless appliances and a walk-in pantry. Upstairs, the loft bedroom with half bath opens to a rooftop balcony overlooking the gardens and East Bay. The 7,500-sf property offers drought-tolerant landscaping, mature fruit trees, parking and entertaining areas, plus a 1,400+ sf vista terrace with sweeping views.
Property Details
Price:
$997,000
MLS #:
ML82055371
Status:
Active
Beds:
5
Baths:
4
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
699notdefined
Listed Date:
Jul 24, 2026
Finished Sq Ft:
1,425
Lot Size:
7,500 sqft / 0.17 acres (approx)
Year Built:
1947
See this Listing
Schools
School District:
Other
High School:
Other
Interior
Appliances
DW, GD, IM, MW, RF, HOD
Bathrooms
3 Full Bathrooms, 1 Half Bathroom
Cooling
WW
Flooring
LAM
Exterior
Common Walls
NCW
Direction Faces
SW
Fencing
WD
Parking Spots
3
Parking Total
3
Roof
CMP
View
NE
Financial
Map
Community
- Address16640 Los Banos ST San Leandro CA
- CitySan Leandro
- CountyAlameda
- Zip Code94578
Subdivisions in San Leandro
Market Summary
Current real estate data for Single Family in San Leandro as of Sep 16, 2026
33
Single Family Listed
101
Avg DOM
484
Avg $ / SqFt
$1,029,060
Avg List Price
Property Summary
- 16640 Los Banos ST San Leandro CA is a Single Family for sale in San Leandro, CA, 94578. It is listed for $997,000 and features 5 beds, 4 baths, and has approximately 1,425 square feet of living space, and was originally constructed in 1947. The current price per square foot is $700. The average price per square foot for Single Family listings in San Leandro is $484. The average listing price for Single Family in San Leandro is $1,029,060.
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16640 Los Banos ST
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