Pleased to present 955 Karol Way, a well-maintained 19-unit multifamily property situated on a large 37,200 square foot lot in San Leandro. The property features an attractive unit mix of sixteen (16) 2-bedroom/1-bathroom units and three (3) 2-bedroom/1.5-bathroom townhome units, 16 of which have been renovated. A true turnkey asset, the property has benefited from extensive capital improvements, including a new TPO roof, copper plumbing, updated electrical, seismic upgrades, and vinyl dual-pane windows. The oversized lot provides 30+ on-site parking spaces, including three garages, and additional income is generated through on-site laundry. The property represents an exceptional investment opportunity in one of the East Bay’s most established rental markets. 955 Karol Way is ideally located less than one mile from Downtown San Leandro and the San Leandro BART Station, providing residents with convenient access to Downtown Oakland, San Francisco, and Silicon Valley. The property also offers immediate access to Interstate 580, Interstate 880, and State Route 185, making commuting throughout the Bay Area seamless. Residents enjoy proximity to a growing collection of restaurants and retail, including Fieldwork Brewing Company, Paradiso Restaurant, Zocalo Coffeehouse, and the Safeway Shopping Center, along with neighborhood parks, schools, and everyday conveniences. Combining excellent transportation access with a vibrant downtown and strong rental demand, the property is well positioned in one of the East Bay’s most established multifamily markets.
Property Details
Price:
$5,695,000
MLS #:
41143863
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Subdivision:
MULFORD
Listed Date:
Aug 4, 2026
Lot Size:
37,200 sqft / 0.85 acres (approx)
Year Built:
1961
See this Listing
Schools
Interior
Cooling
NO
Heating
WL
Laundry Features
DINC, WINC
Exterior
Construction Materials
STC
Parking Spots
30
Parking Total
30
Roof
CMP
Financial
Map
Community
- Address955 Karol Way San Leandro CA
- SubdivisionMULFORD
- CitySan Leandro
- CountyAlameda
- Zip Code94577
Subdivisions in San Leandro
Market Summary
Current real estate data for Single Family in San Leandro as of Aug 15, 2026
31
Single Family Listed
88
Avg DOM
481
Avg $ / SqFt
$1,018,319
Avg List Price
Property Summary
- Located in the MULFORD subdivision, 955 Karol Way San Leandro CA is a Single Family for sale in San Leandro, CA, 94577. It is listed for $5,695,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1961. The average price per square foot for Single Family listings in San Leandro is $481. The average listing price for Single Family in San Leandro is $1,018,319.
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955 Karol Way
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