1940 Placer Drive San Leandro, CA $ 898,888
1940 Placer Drive
$ 898,888
Recently Listed
Open House 8/29 1:30pm - 4:30pm
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1940 Placer Drive

San Leandro, CA, 94578
$ 898,888
Bedrooms3 Baths2.0 Sq 1,618

Monthly Estimate*

$ 5,676

1940 Placer Drive, San Leandro, CA 94578 - Image 1
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Single Family Home for sale in San Leandro, CA

for $898,888 with 3 bedrooms and 2 full baths. This 1,618 square foot home was built in 1947 on a lot size of 0.1386.

Rare duplex opportunity in San Leandro's heights of the Hillcrest Knolls neighborhood, with sweeping bay views from each unit, including views of the SF Peninsula. This income-producing property features two distinct units with separate postal addresses and individually metered gas and electricity, ideal for an owner-occupant looking to offset their mortgage with rental income, or a strong addition to any investment portfolio. Unit #1942 is a 1-bedroom, 1-bathroom with in-unit laundry, perfect for owner-occupancy or premium market-rate rental. Unit #1940 is a spacious 2-bedroom, 1-bathroom occupied by a long-term tenant providing immediate rental income. Dedicated off-street parking behind the duplex for 6 vehicles. Excellent commute location near major routes, shopping, and dining. Pre-sale inspections and disclosures available; see documentation link. A rare chance to own a versatile, view-rich duplex in one of San Leandro's hillside locations, just minutes from downtown Castro Valley.

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Open House

8/29/2026 1:30 PM - 4:30 PM
8/30/2026 1:30 PM - 4:30 PM
1940 Placer Drive San Leandro, CA
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Single Family Active

Price

$ 898,888

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 0

Style

Detached

Lot Size

0.1386

Year Built

1947

Town/City

San Leandro

County/Region

Alameda

MLS | Web ID

ML82058819

Features
General
Living Area 1618
Sewer Public Sewer
Heating Natural Gas Wall Furnace
Cooling None
Roof Composition Shingles Rolled/Hot Mop
Zoning R1-
Garage Spaces 0
Year Built 1947
View Bay City Lights
Stories Count 1
Levels One Story
Property Subtype Detached
County Alameda
Property Type Residential
HOA false
Garage Y/N false
Full Baths 2
Status Active
City San Leandro
High School District San Leandro (510) 667-3500
MLS Area Listing
Lot Size Square Feet 6038
Standard Status Active
Elementary School District San Leandro (510) 667-3500
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Interior
Flooring Laminate Tile
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N false
Total Bedrooms 3
Total Baths 2
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Exterior
Parking Features Off Street Guest Parking Lot
Water Source Public
Lot Size Area 6038
Building Area Total 1618
Lot Size Acres 0.1386
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* Excluded Features
List By
Pat Kapowich

Listing Agent

Kapowich Real Estate

Broker

pat@siliconvalleybroker.com

Email

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$5,676
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Monthly Principal & Interest
$5,676
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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
2773277 Elementary School
0 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/24/2026$898,888 Listed Price

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1940 Placer Drive, San Leandro, CA, 94578 is a Single Family Home for sale at $898,888 with 1,618 sqft and a lot size of 0.1386. 1940 Placer Drive has 3 bedrooms, 2.0 baths, and was built in 1947. The property's zip code is 94578 which is in San Leandro, CA