16118 Mateo St, San Leandro, CA 94578

Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
16118 Mateo St,San Leandro, CA 94578
$1,530,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:timothy warren
Office:nai northern california
MLS#:41104875
Source:CRMLS

Price summary

  • Price:$1,530,000

About this home

7.03% Cap Rate! 16118 Mateo Street is a 6-unit multi-family property located in the desirable city of San Leandro. This building presents a fantastic investment opportunity, offering spacious and private units, each separated by a garage—ensuring no shared walls and enhanced tenant privacy. Features include in-unit washers and dryers, individual direct-access garages, and vinyl windows. Three units have been recently remodeled. Tenants pay for ALL utilities, including electricity, gas, water, AND garbage, minimizing operational expenses. This is a rare opportunity to acquire a well-located turnkey asset with excellent day-1 cash flow. 16118 Mateo Street offers easy access to I-580 and I-880, providing seamless commutes throughout the Bay Area. The property is just 0.6 miles from the Bayfair BART station, ensuring quick connections to Oakland and San Francisco. Tenants enjoy convenient shopping and dining with Bayfair Center, San Leandro Plaza, and downtown San Leandro all nearby.

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Home facts

  • Year built:1957
  • Listing ID #:41104875
  • Added:72 day(s) ago
  • Updated:September 26, 2025 at 10:31 AM

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1957
  • Lot area:0.33 Acres

Finances and disclosures

  • Price:$1,530,000
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