Don’t miss this rare opportunity to own a high cash flow property with 2 legal units on a spacious corner lot. Each unit has its own PG&'E meter and private entrance from a different street, offering excellent privacy and flexibility. The front unit features 2 beds 1 bath, along with a dedicated laundry area. With a bit of vision, it can easily be converted into a 3 beds 2 baths home with an open-concept layout. Adding a large deck would make it the perfect space for outdoor entertaining, from weekend BBQs to gatherings with friends and family. The back unit offers 1 bed 1 bath, along with a cozy living room filled with natural light from a skylight and a charming, functional kitchen. This layout is ideal for extended family, rental income, or even a private home office setup. The generous corner lot provides unique advantages. You could divide the yard so that each unit has its own private outdoor space or open the side gate to create RV access. This setup is ideal for living in one unit while renting out the other, or renting both for outstanding income potential. Located in a friendly, established neighborhood with convenient access to BART and major freeways. While similar homes in the area are listed for much more, this hidden gem just needs a bit TLC to shine again.
Property Details
Price:
$698,000
MLS #:
41102838
Status:
Active
Beds:
3
Baths:
2
Address:
494 Lewis Ave
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
SAN LEANDRO BRDR
City:
San Leandro
Listed Date:
Jun 26, 2025
State:
CA
Finished Sq Ft:
1,297
ZIP:
94577
Lot Size:
5,412 sqft / 0.12 acres (approx)
Year Built:
1926
See this Listing
Mortgage Calculator
Schools
Interior
Cooling
See Remarks
Flooring
Carpet, Tile, Wood
Heating
Forced Air
Exterior
Garage Spaces
0.00
Lot Features
Corner Lot, Back Yard
Parking Features
Off Street, Parking Space
Parking Spots
0.00
Pool Features
None
Roof
Shingle
Sewer
Public Sewer
Financial
Map
Community
- Address494 Lewis Ave San Leandro CA
- SubdivisionSAN LEANDRO BRDR
- CitySan Leandro
- CountyAlameda
- Zip Code94577
Similar Listings Nearby
- 21428 Lake Chabot Road
Castro Valley, CA$900,000
4.75 miles away
- 6401 Leona St
Oakland, CA$900,000
3.42 miles away
- 6336 Buena Ventura Ave
Oakland, CA$900,000
3.29 miles away
- 822 Lasuen Drive
San Leandro, CA$900,000
2.69 miles away
- 1183 Belleau St
San Leandro, CA$899,950
3.75 miles away
- 1325 148th Avenue
San Leandro, CA$899,950
2.02 miles away
- 1291 Linton Street
San Leandro, CA$899,900
1.97 miles away
- 14272 Santiago Rd
San Leandro, CA$899,888
3.38 miles away
- 4248 Mabel Avenue
Castro Valley, CA$899,000
4.62 miles away
- 2707 Monticello Avenue
Oakland, CA$899,000
4.20 miles away

494 Lewis Ave
San Leandro, CA
LIGHTBOX-IMAGES