243 Chumalia Street, San Leandro, CA 94577
Local realty services provided by:CENTURY 21 Masters
243 Chumalia Street,San Leandro, CA 94577
$1,492,500
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: matthew flaherty
Office: colliers international
MLS#:426114848
Source:CABCREIS
Price summary
- Price:$1,492,500
About this home
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 fundamentals and durable tenant demand....
Contact an agent
Home facts
- Listing ID #:426114848
- Added:99 day(s) ago
- Updated:July 02, 2026 at 02:58 PM
Structure and exterior
- Lot area:0.34 Acres
Finances and disclosures
- Price:$1,492,500
New listings near 243 Chumalia Street
- New
$945,000Active4 beds 2 baths1,965 sq. ft.14631 Rollins St, San Leandro, CA 94579
MLS# 41140281Listed by: PEGASUS REALTY - New
$650,000Active-- beds 1 baths1,696 sq. ft.2275 Washington Ave, San Leandro, CA 94577
MLS# 41140214Listed by: MASON MA, BROKER - Open Sun, 2 to 4pmNew
$998,000Active3 beds 3 baths2,522 sq. ft.2164 Lakeview Dr, San Leandro, CA 94577
MLS# 41140035Listed by: RINETTI & CO., REALTORS - New
$199,000Active2 beds 1 baths747 Lewelling Blvd., San Leandro, CA 94578
MLS# 41140006Listed by: ADVANTAGE HOMES - Open Sun, 2 to 4pmNew
$479,000Active2 beds 2 baths1,123 sq. ft.1563 Carpentier, San Leandro, CA 94577
MLS# 41139904Listed by: VANGUARD PROPERTIES - New
$59,000Active1 beds 1 baths220 sq. ft.1468 Grand Avenue #14, San Leandro, CA 94577
MLS# 226082247Listed by: EXP REALTY OF CALIFORNIA INC. - New
$728,888Active2 beds 1 baths805 sq. ft.428 W Broadmoor Blvd, San Leandro, CA 94577
MLS# 41139898Listed by: REAL ESTATE EBROKER INC - New
$415,000Active2 beds 2 baths947 sq. ft.16363 Saratoga St #202E, San Leandro, CA 94578
MLS# 41139714Listed by: EXP REALTY OF CALIFORNIA - New
$748,000Active3 beds 1 baths1,315 sq. ft.1637 Lake Chabot Terrace, San Leandro, CA 94577
MLS# ML82052198Listed by: GOLDEN GATE SOTHEBY'S INTERNATIONAL REALTY - New
$788,888Active3 beds 1 baths1,307 sq. ft.1987 San Rafael St, San Leandro, CA 94577
MLS# 41139546Listed by: KENNETH A. KREMER, BROKER