$1,695,000
0.33 Acre Lot

16118 Mateo St, San Leandro, California 94578

  • Residential Income Property Type
  • 1957 Year Built
Property Description

The Mitchell Warren Team is pleased to present 16118 Mateo Street, a 6-unit multi-family property located in the desirable city of San Leandro. This building presents a fantastic investment opportunity, offering spacious and private units, each separated by a garage— ensuring no shared walls and enhanced tenant privacy. Features include in-unit washers and dryers, individual direct-access garages, and vinyl windows. Three units have been recently remodeled. Tenants pay for ALL utilities including electricity, gas, water, AND garbage minimizing operational expenses. This is a rare opportunity to acquire a well-located turnkey asset with excellent day-1 cash flow. 16118 Mateo Street others easy access to I-580 and I-880, providing seamless commutes throughout the Bay Area. The property is just 0.6 miles from the Bayfair BART station, ensuring quick connections to Oakland and San Francisco. Tenants enjoy convenient shopping and dining with Bayfair Center, San Leandro Plaza, and downtown San Leandro all nearby. This well-connected location enhances rental demand and long-term investment potential.

Basic Details
Residential Income
For Sale
41086007
$1,695,000
1957
0.33 Acre
Active
Features
: Wall Furnace
: None
$0
Address Map
CA
Alameda
San Leandro
94578
Mateo St
16118
W123° 53' 4''
N37° 41' 57.6''
right of 162nd Cross Street: 162nd.
Additional Information
$0
$0
$0
$0
$0
: Stucco
6
2025-02-14
1695000
Broker/Agent Information
NAI Northern California
Timothy Warren
Listing Information
BMLS-R02008347
BMLS-OBOJMTB
Active
2025-02-21T13:52:57Z
CRMLS
2025-02-20T16:00:00Z
Agent info
Ray Millman
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Contact Agent
Contact Us
ray@millmanteam.com 310.375.1069