Home | Alameda County | San Leandro | 94578 | 16118 Mateo St
MLS: EB41104875 | Status: | Price: $1,490,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Acres Lot | Yr Built |
|---|---|---|---|---|
| – | – | 3,736 | 0.33 | 1957 |
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. This well-connected location enhances rental demand and long-term investment potential.
| Field | Value |
|---|---|
| MLS # | EB41104875 |
| MLS Source | Bridge MLS |
| Feature | Details |
|---|---|
| Flooring | Hardwood, Tile |
| Cooling | None |
| Heating | Wall Furnace |
| Feature | Details |
|---|---|
| Garage/Parking | Attached Garage, Enclosed, Gate/Door Opener, Guest / Visitor Parking, Garage: Car(s) |
| Sewer | Public Sewer |
| Water | Public |
| Complex Amenities | None |
Timothy Warren
NAI Northern California
License #: 02008347
Phone: (510) 336-4719
School data provided by GreatSchools.org
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This listing information is up-to-date as of November 14, 2025. For the most current information, please contact Timothy Warren, (510) 336-4719.