955 Karol Way San Leandro, CA $ 5,695,000
955 Karol Way
$ 5,695,000
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955 Karol Way

San Leandro, CA, 94577
$ 5,695,000
Bedrooms-- Baths-- Sq 15,628

Monthly Estimate*

$ 35,959

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Commercial Property for sale in San Leandro, CA

for $5,695,000. This 15,628 square foot building was built in 1961 on a lot size of 0.85.

Pleased to present 955 Karol Way, a well-maintained 19-unit multifamily property situated on a large 37,200 square foot lot in San Leandro. The property features an attractive unit mix of sixteen (16) 2-bedroom/1-bathroom units and three (3) 2-bedroom/1.5-bathroom townhome units, 16 of which have been renovated. A true turnkey asset, the property has benefited from extensive capital improvements, including a new TPO roof, copper plumbing, updated electrical, seismic upgrades, and vinyl dual-pane windows. The oversized lot provides 30+ on-site parking spaces, including three garages, and additional income is generated through on-site laundry. The property represents an exceptional investment opportunity in one of the East Bay's most established rental markets. 955 Karol Way is ideally located less than one mile from Downtown San Leandro and the San Leandro BART Station, providing residents with convenient access to Downtown Oakland, San Francisco, and Silicon Valley. The property also offers immediate access to Interstate 580, Interstate 880, and State Route 185, making commuting throughout the Bay Area seamless. Residents enjoy proximity to a growing collection of restaurants and retail, including Fieldwork Brewing Company, Paradiso Restaurant, Zocalo Coffeehouse, and the Safeway Shopping Center, along with neighborhood parks, schools, and everyday conveniences. Combining excellent transportation access with a vibrant downtown and strong rental demand, the property is well positioned in one of the East Bay's most established multifamily markets.

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Commercial Active

Price

$ 5,695,000

Property Type

Commercial

Taxes

$ 0

Style

Apt Complex

Lot Size

0.85

Year Built

1961

Town/City

San Leandro

County/Region

Alameda

MLS | Web ID

41143863

Features
General
Living Area 15628
Heating Wall Furnace
Cooling None
Utilities Individual Electric Meter Individual Gas Meter
Roof Rolled/Hot Mop
Appliances Dryer Washer
Construction Materials Stucco
Year Built 1961
Property Subtype Apt Complex
Community Features Play Area
County Alameda
Property Type Commercial Sale
HOA false
Subdivision Name Mulford
Garage Y/N false
Status New
Directions From I~880 take Davis St east right on Dutton Ave left on Karol Way...
City San Leandro
MLS Area Listing
Lot Size Square Feet 37200
Standard Status Active
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Interior
Interior Amenities Storage
Flooring Vinyl Carpet
Air Conditioning Y/N false
Heating Y/N true
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Exterior
Exterior Amenities Garden
Parking Features Space Per Unit - 2
Lot Features Cul-De-Sac
Water Source Public
Lot Size Area 37200
Building Area Total 15628
Lot Size Acres 0.85
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* Excluded Features
List By
Timothy Warren

Listing Agent

Nai Northern California

Broker

twarren@nainorcal.com

Email

Affordability Calculator

$35,959
Per Month
100%
0%
0%
Monthly Principal & Interest
$35,959
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
0 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/4/2026$5,695,000 Listed Price

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955 Karol Way, San Leandro, CA, 94577 is a Commercial Property for sale at $5,695,000 with 15,628 sqft and a lot size of 0.85. 955 Karol Way was built in 1961. The property's zip code is 94577 which is in San Leandro, CA