68 Oakes Blvd., San Leandro, CA 94577
Local realty services provided by:CENTURY 21 Classic Estates
68 Oakes Blvd.,San Leandro, CA 94577
$1,495,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Upcoming open houses
- Wed, May 2011:00 am - 01:00 pm
Listed by: joshua silverman, michelle miller
Office: vanguard properties510-590-4290
MLS#:41134218
Source:CRMLS
Price summary
- Price:$1,495,000
About this home
Welcome to 68 Oakes Boulevard in San Leandro, a fully occupied and well-maintained fourplex ideally situated near Downtown San Leandro, less than one mile from BART, local dining, shopping, and the city’s popular weekly Farmers Market. Located on a picturesque tree-lined street surrounded primarily by single-family homes, the property offers an appealing blend of neighborhood charm and urban convenience. Built in 1975, this substantial 4,999 SqFt building sits on a spacious 7,991 SqFt lot and features an excellent unit mix consisting of (1) 3BD/2BA unit and (3) 2BD/2BA units. Effective June 1, 2026, the property will generate gross scheduled revenue of $10,369 per month, creating strong in-place income with future upside potential. The property has been carefully maintained over the years as part of a long-held family portfolio and includes desirable tenant amenities such as a shared coin-operated laundry room, four covered carports with adjacent storage closets for the three 2BD units, and a private two-car garage serving the 3BD/2BA unit. Utility configuration is efficient, with one shared gas meter serving the building’s common water heater, while each unit features separately metered electric-only interiors. 68 Oakes Boulevard is being offered concurrently with its sister fourplex next door at 76 Oakes Boulevard (also listed at $1,495,000), presenting a rare opportunity for investors seeking adjacent multifamily assets with operational scale and long-term upside. A third fourplex from the same family portfolio located at 1475 166th Avenue in Ashland is also available. Ideal for either an owner-occupant seeking a more sustainable long-term living arrangement through supplemental rental income or an investor looking for immediate cash flow, the property offers an attractive projected 5.33% cap rate in a highly desirable East Bay location. With strong occupancy history, large unit sizes, and a charming residential setting, 68 Oakes Boulevard represents an exceptional multifamily investment opportunity....
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Home facts
- Year built:1975
- Listing ID #:41134218
- Added:7 day(s) ago
- Updated:May 19, 2026 at 10:34 AM
Rooms and interior
- Flooring:Carpet
Heating and cooling
- Heating:Electric
Structure and exterior
- Roof:Shingle
- Year built:1975
- Lot area:0.18 Acres
- Lot Features:Back Yard, Front Yard, Yard
- Construction Materials:Wood Siding
Finances and disclosures
- Price:$1,495,000
Features and amenities
- Appliances:Dryer, Washer
- Laundry features:Dryer, Washer
- Amenities:Gas Water Heater
Parking
- Total parking spaces:6
- Parking description:Assigned, Carport, Covered, Garage, Garage Door Opener
- Garage:Yes
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