Prime commercial investment opportunity featuring two adjoining parcels zoned District Commercial in a high-visibility location next to a shopping strip and directly across from Walmart. The first parcel (15540 & 15542) includes a 3/2 baths single-family home in front and a rear structure with two 1/1 baths units. The second parcel (15548) features offices/rooms, 2 baths office/retail building, currently used as a kitchen and bathroom showroom with storage. Excellent income potential with strong redevelopment upside. District Commercial zoning allows a wide range of uses including retail, office, coffee shop, art studio, medical services, personal services, daycare, and more. Potential to develop up to a 5-story (approx. 75 ft) building with Conditional Use Permit. Value primarily in the land. Opportunity for investors with huge options for development. Interested party to verify development possibilities with Alameda County Planning Department.
Property Details
Price:
$2,100,000
MLS #:
41125984
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Duplex
Subdivision:
ASHLAND
Listed Date:
Mar 6, 2026
Lot Size:
5,625 sqft / 0.13 acres (approx)
Year Built:
1910
See this Listing
Schools
Interior
Flooring
TILE, LAM
Heating
SEE
Exterior
Construction Materials
SEE, STC, WOD
Parking Spots
2
Roof
TARGRV, SHN
Financial
Map
Community
- Address15540 Hesperian Blvd San Lorenzo CA
- SubdivisionASHLAND
- CitySan Lorenzo
- CountyAlameda
- Zip Code94580
Subdivisions in San Lorenzo
Market Summary
Current real estate data for Single Family in San Lorenzo as of Mar 16, 2026
4
Single Family Listed
23
Avg DOM
667
Avg $ / SqFt
$1,147,750
Avg List Price
Property Summary
- Located in the ASHLAND subdivision, 15540 Hesperian Blvd San Lorenzo CA is a Single Family for sale in San Lorenzo, CA, 94580. It is listed for $2,100,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1910. The average price per square foot for Single Family listings in San Lorenzo is $667. The average listing price for Single Family in San Lorenzo is $1,147,750.
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