Christopher Danesi at RE/MAX Accord - 925.998.7426
East Bay Condo ManiaMLS: 41086007 $1,695,000
Bedrooms with Baths16118 MATEO ST
SAN LEANDRO CA 94578MLS: 41086007
Status: ACTIVE
List Price: $1,695,000
Price per SQFT: $454
Square Footage: 3736Bedrooms
Baths
Year Built: 1957
Zip Code: 94578
Listing Remarks
The Mitchell Warren Team is pleased to present 16118 Mateo Street, 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 others 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. This well-connected location enhances rental demand and long-term investment potential.
Address: 16118 MATEO ST SAN LEANDRO CA 94578
Listing Courtesy of TIMOTHY WARREN of NAI NORTHERN CALIFORNIA
Condo Mania Agent
Chris Danesi
RE/MAX Accord
DRE #01777489
Phone: 925.998.7426
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Listing Details
STATUS: Active SPECIAL LISTING CONDITIONS: Standard LISTING CONTRACT DATE: 2025-02-14 LIVING AREA SQ FT: 3736 BUILDING AREA TOTAL: 3736 YEAR BUILT: 1957 CONSTRUCTION: Stucco EXTERIOR FEATURES: Garden FLOORING: Hardwood, Tile HEATING: Wall Furnace COOLING: None LOT FEATURES: Paved, Landscape Misc PARKING FEATURES: Attached, Enclosed, Garage, Guest PROPERTY TYPE: COMM RI MULTI-UNITS 5+ PROPERTY SUB TYPE: Lowrise (1-3 Flrs) LISTING AGENT: TIMOTHY WARREN LISTING OFFICE: NAI NORTHERN CALIFORNIA
Estimated Monthly Payments
List Price: $1,695,000 20% Down Payment: $339,000 Loan Amount: $1,356,000 Loan Type: 30 Year Fixed Interest Rate: 6.5 % Monthly Payment: $8,571 Estimate does not include taxes, fees, insurance.
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Property Location: 16118 MATEO ST SAN LEANDRO CA 94578
This Listing
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Condo Mania Agent
Chris Danesi
RE/MAX Accord
DRE #01777489
Phone: 925.998.7426
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Last Updated: 2025-02-21
