955 Karol Way
San Leandro, CA, 94577 $ 5,695,000
Bedrooms-- Baths-- Sq 15,628 Monthly Estimate*
$ 35,959
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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FeaturesGeneralLiving 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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InteriorInterior Amenities Storage
Flooring Vinyl Carpet
Air Conditioning Y/N false
Heating Y/N true
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ExteriorExterior 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 FeaturesList ByTimothy WarrenListing Agent
Nai Northern CaliforniaBroker
twarren@nainorcal.comEmail
Affordability Calculator
- 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.
Learn more about how to save NearbyCommerical listings in San Leandro, CA
Average List Price $2,279,447
Percent of Sale Price 60%
About San Leandro, CA 88,104 Population
11% Since 2002
$ 67,371 Median Income
40.74 Median Age
30% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
0 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/4/2026 | $5,695,000 | | Listed Price |