$ 1,495,000
-
$1,495,000
Price -
9
Bed -
8
Bath -
0
SqFt
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Open House Times
- Wed. May. 20 at 11:00am to 1:00pm
About the Listing BMLS-OBVP 03 - BMLS-R01882355,BMLS-R01012751
Welcome to 76 Oakes Boulevard in San Leandro, a fully occupied and well-maintained fourplex ideally situated near Downtown San Leandro, less than one mile from BART, local dining, shopping, and the city’s popular weekly Farmers Market. Located on a picturesque tree-lined street surrounded primarily by single-family homes, the property offers an appealing blend of neighborhood charm and urban convenience. Built in 1975, this substantial 4,999 SqFt building sits on a spacious 8,000 SqFt lot and features an excellent unit mix consisting of (1) 3BD/2BA unit and (3) 2BD/2BA units. Effective June 1, 2026, the property will generate gross scheduled revenue of $10,276 per month, creating strong in-place income with future upside potential. The property has been carefully maintained over the years as part of a long-held family portfolio and includes desirable tenant amenities such as a shared coin-operated laundry room, four covered carports with adjacent storage closets for the three 2BD units, and a private two-car garage serving the 3BD/2BA unit. Utility configuration is efficient, with one shared gas meter serving the building’s common water heater, while each unit features separately metered electric-only interiors. 76 Oakes Boulevard is being offered concurrently with its sister fourplex next door at 68 Oakes Boulevard (also listed at $1,495,000), presenting a rare opportunity for investors seeking adjacent multifamily assets with operational scale and long-term upside. A third fourplex from the same family portfolio located at 1475 166th Avenue in Ashland is also available. Ideal for either an owner-occupant seeking a more sustainable long-term living arrangement through supplemental rental income or an investor looking for immediate cash flow, the property offers an attractive projected 5.15% cap rate in a highly desirable East Bay location. With strong occupancy history, large unit sizes, and a charming residential setting, 76 Oakes Boulevard represents an exceptional multifamily investment opportunity.
Listing Highlights
Status
Active
Days on Site
9
Property Type
Multi-Family
MLS ®
41134219
Year Built
1975
Total Square Footage
0
Lot/Acreage
0.18
County
Alameda
Neighborhood
Downtown San Lea
Interior Details
- Bedrooms: 9
- Bathrooms: 8 Full
- Appliances: Gas Water Heater
- Air Cond:
- Heating: Electric
- Fireplaces:
- Floor: Carpet
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: Back Yard,Sprinklers In Front,Yard,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 6
- Roof: Shingle
- Others: Wood Siding,2+ Total Units
- Sewer:
- Parking Features: Assigned,Covered,Carport,Garage,Garage Door Opener
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 7642042
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Questions About..
76 Oakes Blvd. San Leandro, CA 94577
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