Home | Alameda County | San Leandro | 94577 | 243 Chumalia St
MLS: SF426114848 | Status: | Price: $1,492,500
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Acres Lot | Yr Built |
|---|---|---|---|---|
| – | – | 0 | 0.34 | 0 |
Sold together or separately, 225 & 243 Chumalia Street, two individually parceled, contiguous 7-unit buildings totaling 14 units in the heart of the Old San Leandro neighborhood. The property offers exceptional commuter connectivity, with immediate access to multiple bus lines, major transportation corridors, and the San Leandro BART station less than half a mile away - all providing residents seamless access to the greater Bay Area. The properties are further supported by their position within a dense concentration of high-growth industries, including healthcare, innovation infrastructure, and life sciences, among the fastest growing employment clusters in the broader regional ecosystem, complemented by San Leandro's robust and diversified local economy. Underpinned by strong in-place cash flow and over 19% in potential rental upside through natural unit turnover, 225 & 243Chumalia Street represent a compelling value-add opportunity with durable, long-term demand fundamentals. Though San Leandro has recently adopted Ordinance No. 2026- 001, capping annual increases at the lesser of 3% or 65% of CPI effective January 1, 2027, the property offers a rare combination of stable day-one cash flow with a clearly defined path to long-term appreciation, reinforced by robust market fundam
| Field | Value |
|---|---|
| MLS # | SF426114848 |
| MLS Source | San Francisco Association of Realtors® MLS |
| Days on Site | 8 |
| Feature | Details |
|---|---|
| Garage/Parking | Garage: 0 Car(s) |
| HOA Fee | $0 |
Matthew Flaherty
Colliers International
License #: 02075798
Phone: (415) 288-7811
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 17 | 0 | 17 |
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Bancroft Middle School | public | 6-8 | 0.38 mi | 3 |
| Washington Elementary School | public | K-5 | 0.42 mi | 7 |
| McKinley Elementary School | public | K-5 | 0.68 mi | 5 |
| Roosevelt Elementary School | public | K-5 | 0.74 mi | 7 |
| Wilson Elementary School | public | K-5 | 0.96 mi | 4 |
| San Leandro High School | public | 9-12 | 1.02 mi | 4 |
| John Muir Middle School | public | 6-8 | 1.14 mi | 5 |
| Madison Park Academy Tk-5 | public | K-5 | 1.19 mi | 6 |
| Esperanza Elementary School | public | K-5 | 1.28 mi | 2 |
| Fred T. Korematsu Discovery Academy | public | K-5 | 1.28 mi | 1 |
| Madison Park Academy 6-12 | public | 6-12 | 1.33 mi | 2 |
| Lincoln High (Continuation) School | public | 9-12 | 1.36 mi | 2 |
| Jefferson Elementary School | public | K-5 | 1.37 mi | 5 |
| Elmhurst United Middle | public | 6-8 | 1.44 mi | 3 |
| Reach Academy Elementary | public | K-5 | 1.45 mi | 3 |
| Brookfield Elementary School | public | K-5 | 1.98 mi | 2 |
| Monroe Elementary School | public | K-5 | 1.98 mi | 4 |
| Corvallis Elementary School | public | K-5 | 2.05 mi | 4 |
| New Highland Academy | public | K-5 | 2.16 mi | 4 |
| Madison Elementary School | public | K-5 | 2.22 mi | 8 |
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 350 Lafayette Ave | $1,750,000 | – | – | 4,613 | |
| 185 Belleview Dr | $1,650,000 | – | – | 4,613 | |
| 2609 W Avenue 133rd | $1,249,000 | – | – | 2,874 | Active |
| 1617 Pacific Ave | $1,599,950 | – | – | 4,596 |
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This listing information is up-to-date as of March 25, 2026. For the most current information, please contact Matthew Flaherty, (415) 288-7811.