400 Joaquin Ave - Medical FOR SALE


San Leandro, CA 94577- Estudillo Estates-Glen
$1,198,000 USD
510-398-1027
400 Joaquin Ave, San Leandro, CA for Sale
$1,198,000 USD
Medical - FOR SALE
1/50
null | 5.81% Cap Rate

NEW


400 Joaquin Ave
San Leandro, CA 94577
Estudillo Estates-Glen


HIGHLIGHTS

  • Mixed Use | (3) 1 bed/1 bath Spacious + (1) Office (Dental - 3 Chairs)
  • Prominent Corner near Downtown San Leandro
  • 1/2 Mile to BART & 3/4 Mile to I-580 - a walkscore of 94
  • 5.8% Cap and 11.9 GRM when fully occupied
  • Owner User Option with Vacant Office - Other Viable Office Uses

OVERVIEW

400 Joaquin Ave is a well-located 4-unit mixed-use property on a prominent corner lot in the heart of San Leandro; features three spacious one-bedroom residential apartments plus a long-standing dental office (now vacant), providing both steady rental income and commercial opportunity. The property’s desirable corner location offers excellent visibility for the commercial tenant, while the residential units benefit from a quiet neighborhood feel with easy access to local amenities. Tenants enjoy proximity to downtown San Leandro shops, restaurants, public transportation (BART ±0.7 miles), and major commuter routes, including I-580 and I-880. Whether you’re an investor seeking stable, diversified income or an owner-user looking to occupy the commercial space, 400 Joaquin Ave represents a rare chance to own a relatively turn-key mixed-use building in downtown San Leandro. The property benefits from a detached 4 car garage, plus additional storage for tenant convenience. Built in 1951, the property has a classic appeal with each of the residences offering spacious kitchen and living areas and front and rear entrances plus individual washer/dryer hookups. The dental office comes equipped or check with City for allowable office uses.

FOR SALE DETAILS

PRICE

$1,198,000 USD

PRICE/SF

$428 USD /SF

CAP RATE

5.81%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Mixed Used | Office (Dental) + Residential

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1951

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,175 SF

ZONING

P, San Leandro

APN/PARCEL ID

077-0539-011-01

ASK ABOUT THIS PROPERTY

David WeglarzThe Prescott CompanyMore Info
510-398-1027

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David WeglarzThe Prescott CompanyMore Info
510-398-1027

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.