SAN LEANDRO PROPERTY WITH LOTS OF POTENTIAL
Offering Price: $480,000 “as-is”
All-cash offers ONLY. Thank you.
To download the 2-page Brochure with Floor Plan,…………….. click here.
For some local Market Trends and Market Attributes, scroll down.
Built in 1922, this San Leandro Single-Family Home is located on a large lot on Foothill Boulevard with convenient access to I-580 freeway. The approximately 6,720 square foot lot is almost 112’ deep, and has an approximately 61’ street frontage on Foothill Boulevard. 311 Foothill Boulevard is a “contractor special,” and will most likely require a fair amount of demolition. Nonetheless, it has lots of potential. According to the Country Records, it features a single-story, 2-bedroom, 1-bathroom home.
Located within the RM-1800 zoning boundary, 311 Foothill Boulevard, when developed, can be both a gem of a home and a gem of an investment at the same time!
Other desirable attributes:
Close proximity to I-580, San Leandro BART Station, AC Transit busline, San Leandro Hospital, schools, and local amenities on Foothill Boulevard and MacArthur Boulevard.
Approximately 949 sq.ft. living area on an approximately 6,720 sq.ft. lot.
MARKET TRENDS AND ATTRIBUTES
The top section of the chart below displays the aggregate number of New 2-to-4 Unit Property listings that have come on the market in San Leandro during the first 7 months of each year from 2010 to 2018, while the lower section displays the number of such listings during each month.
The top section of the chart below displays the median number of days the 2-to-4 Unit Property Listings have stayed on the market before going “pending” in San Leandro, while the bottom section displays the number of such listings that went pending during each month.
The pie chart below indicates that Duplexes represent approximately 64% of the $volume of 2-to-4 Unit Property sales in San Leandro since the start of 2018. Triplexes and Fourplexes make up 21% and 15% of the $volume respectively.
The pie chart below displays the size of the 2-to-4 Unit Property market in each of the cities/towns across the East Bay over the first 7 months of 2018. Note that San Leandro amounts to 4% of the East Bay market based on $volume of this market segment.