Rare duplex opportunity in San Leandro’s heights of the Hillcrest Knolls neighborhood, with sweeping bay views from each unit, including views of the SF Peninsula. This income-producing property features two distinct units with separate postal addresses and individually metered gas and electricity, ideal for an owner-occupant looking to offset their mortgage with rental income, or a strong addition to any investment portfolio. Unit #1942 is a 1-bedroom, 1-bathroom with in-unit laundry, perfect for owner-occupancy or premium market-rate rental. Unit #1940 is a spacious 2-bedroom, 1-bathroom occupied by a long-term tenant providing immediate rental income. Dedicated off-street parking behind the duplex for 6 vehicles. Excellent commute location near major routes, shopping, and dining. Pre-sale inspections and disclosures available; see documentation link. A rare chance to own a versatile, view-rich duplex in one of San Leandro’s hillside locations, just minutes from downtown Castro Valley.
Property Details
Price:
$898,888
MLS #:
ML82058503
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Duplex
Neighborhood:
699notdefined
Listed Date:
Aug 23, 2026
Finished Sq Ft:
1,618
Total Sq Ft:
1,618
Lot Size:
6,038 sqft / 0.14 acres (approx)
Year Built:
1947
See this Listing
Schools
School District:
Other
Interior
Appliances
RF
Cooling
NO
Flooring
TILE, LAM, CARP
Heating
WL
Exterior
Accessibility Features
NO
Parking Spots
6
Parking Total
6
Roof
CMP, SHN
View
BA, CI, PA
Financial
Maintenance Fee
$108
Taxes
$14,490
Map
Community
- Address1940 Placer DR 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 Aug 25, 2026
33
Single Family Listed
88
Avg DOM
473
Avg $ / SqFt
$982,152
Avg List Price
Property Summary
- 1940 Placer DR San Leandro CA is a Single Family for sale in San Leandro, CA, 94578. It is listed for $898,888 and features 0 beds, 0 baths, and has approximately 1,618 square feet of living space, and was originally constructed in 1947. The current price per square foot is $556. The average price per square foot for Single Family listings in San Leandro is $473. The average listing price for Single Family in San Leandro is $982,152.
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1940 Placer DR
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