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
Baths0.0

Monthly Estimate*

$ 35,959

Listed by NAI Northern California
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Studio

Multi-Family Home for sale in San Leandro, CA

for $5,695,000. This home was built in 1961 on a lot size of 0.854.

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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Multi-Family Active

Price

$ 5,695,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.854

Year Built

1961

Town/City

San Leandro

County/Region

Alameda

MLS | Web ID

41143863

Days on Market

2

Features
General
Heating Wall Furnace
Cooling None
Roof Composition
Appliances Dryer Washer
HOA Fee 0
Construction Materials Stucco
Year Built 1961
Tenant Pays Gas
Property Subtype Apartment
County Alameda
Property Type Residential Income
Subdivision Name MULFORD
Status Active
Directions Cross Street: Dutton Ave.
City San Leandro
Number Of Units Total 19
Lot Size Units Square Feet
Lot Size Square Feet 37200
Standard Status Active
Property Sub Type Additional Apartment
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Interior
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Lot Features Cul-De-Sac
Total Parking 30
Lot Size Area 37200
Lot Size Acres 0.854
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* Excluded Features
List By
Nai Northern California

Broker

twarren@nainorcal.com

Email

Affordability Calculator

$35,959
Per Month
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Monthly Principal & Interest
$35,959
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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
4827338 Elementary School
4827337 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 Multi-Family Home for sale at $5,695,000 with a lot size of 0.854. 955 Karol Way is a studio with 0.0 baths and was built in 1961. The property's zip code is 94577 which is in San Leandro, CA