Welcome to 76 Oakes Boulevard in San Leandro, a fully occupied and well-maintained fourplex ideally situated near Downtown San Leandro, less than one mile from BART, local dining, shopping, and the city’s popular weekly Farmers Market. Located on a picturesque tree-lined street surrounded primarily by single-family homes, the property offers an appealing blend of neighborhood charm and urban convenience. Built in 1975, this substantial 4,999 SqFt building sits on a spacious 8,000 SqFt lot and features an excellent unit mix consisting of (1) 3BD/2BA unit and (3) 2BD/2BA units. Effective June 1, 2026, the property will generate gross scheduled revenue of $10,276 per month, creating strong in-place income with future upside potential. The property has been carefully maintained over the years as part of a long-held family portfolio and includes desirable tenant amenities such as a shared coin-operated laundry room, four covered carports with adjacent storage closets for the three 2BD units, and a private two-car garage serving the 3BD/2BA unit. Utility configuration is efficient, with one shared gas meter serving the building’s common water heater, while each unit features separately metered electric-only interiors. 76 Oakes Boulevard is being offered concurrently with its sister fourplex next door at 68 Oakes Boulevard (also listed at $1,495,000), presenting a rare opportunity for investors seeking adjacent multifamily assets with operational scale and long-term upside. A third fourplex from the same family portfolio located at 1475 166th Avenue in Ashland is also available. Ideal for either an owner-occupant seeking a more sustainable long-term living arrangement through supplemental rental income or an investor looking for immediate cash flow, the property offers an attractive projected 5.15% cap rate in a highly desirable East Bay location. With strong occupancy history, large unit sizes, and a charming residential setting, 76 Oakes Boulevard represents an exceptional multifamily investment opportunity.
Property Details
Price:
$1,495,000
MLS #:
41134219
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Quadruplex
Subdivision:
DOWNTOWN SAN LEA
Listed Date:
May 11, 2026
Lot Size:
8,000 sqft / 0.18 acres (approx)
Year Built:
1975
See this Listing
Schools
Interior
Appliances
GWH
Flooring
CARP
Heating
ELC
Exterior
Construction Materials
WOD
Parking Spots
6
Parking Total
6
Roof
SHN
Financial
Map
Community
- Address76 Oakes Blvd. San Leandro CA
- SubdivisionDOWNTOWN SAN LEA
- CitySan Leandro
- CountyAlameda
- Zip Code94577
Subdivisions in San Leandro
Market Summary
Current real estate data for Single Family in San Leandro as of May 21, 2026
38
Single Family Listed
60
Avg DOM
446
Avg $ / SqFt
$836,911
Avg List Price
Property Summary
- Located in the DOWNTOWN SAN LEA subdivision, 76 Oakes Blvd. San Leandro CA is a Single Family for sale in San Leandro, CA, 94577. It is listed for $1,495,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1975. The average price per square foot for Single Family listings in San Leandro is $446. The average listing price for Single Family in San Leandro is $836,911.
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76 Oakes Blvd.
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