1190 Davis St, San Leandro, CA 94577

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List Price
$4,200,000
Status
ACTIVE
Days on Market
73
MLS#
41140857
Subtype
Residential Income
Year Built
1947
Lot Size
30,188
Acres
0.69
Subdivision
Alameda
Neighborhood
Alameda

Property Description

The property features an approximately 5,000 sq. ft. front building that was previously used as a church, offering an excellent opportunity for an owner-user, religious organization, investor, or future redevelopment. The remaining approximately 3,325 sq. ft. consists of four residential units. Three units are currently tenant-occupied, providing immediate rental income, while one 2-bedroom, 1-bath unit offers the flexibility for owner occupancy or additional rental income. Landlord pays for all utilities. In addition, the property includes a large storage/workshop building, providing added value and versatility for storage, workspace, maintenance operations, or other potential uses Combining a large lot, stable rental income, a church building, and significant redevelopment potential, this property presents a rare value-add opportunity for investors, developers, religious organizations, and owner-users alike. Buyers are encouraged to verify zoning, permitted uses, and redevelopment possibilities with the appropriate local agencies.

Additional Information

Heating
Natural Gas
Air Conditioning
Yes
Exterior Construction
Stucco, Wood Siding
Roof
Shingle

Listing courtesy of Listing Agent: Phillip Diep (phillipdiep@gmail.com) from Listing Office: ERS Premier.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.