Water Views
Address
1940 Placer Drive, San Leandro, CA
Price
$ 898,888
Property Attributes
  • ID#ML82058819
  • TypeSingle Family
  • Listing Status Active
  • CountyAlameda
  • CitySan Leandro
  • Zip94578
  • StyleDetached
  • Year Built1947
  • Price$ 898,888
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1618
  • Lot Size0.1386 Acres
Data Source:
Bay East MLS, CCAR MLS, or bridgeMLS
Property Description

Rare duplex opportunity in San Leandro's heights of the Hillcrest Knolls neighborhood, with sweeping bay views from each unit, including views of the SF Peninsula. This income-producing property features two distinct units with separate postal addresses and individually metered gas and electricity, ideal for an owner-occupant looking to offset their mortgage with rental income, or a strong addition to any investment portfolio. Unit #1942 is a 1-bedroom, 1-bathroom with in-unit laundry, perfect for owner-occupancy or premium market-rate rental. Unit #1940 is a spacious 2-bedroom, 1-bathroom occupied by a long-term tenant providing immediate rental income. Dedicated off-street parking behind the duplex for 6 vehicles. Excellent commute location near major routes, shopping, and dining. Pre-sale inspections and disclosures available; see documentation link. A rare chance to own a versatile, view-rich duplex in one of San Leandro's hillside locations, just minutes from downtown Castro Valley.

Price History
8/24/2026 Listed $898,888

General Features

Living Area 1618
Sewer Public Sewer
Heating Natural Gas,Wall Furnace
Cooling None
Roof Composition Shingles,Rolled/Hot Mop
Zoning R1-
Year Built 1947
View Bay,City Lights
Stories Count 1
Levels One Story
Property Subtype Detached
County Alameda
Property Type Residential
HOA false
Garage Y/N false
Full Baths 2
Status Active
City San Leandro
High School District San Leandro (510) 667-3500
MLS Area Listing
Lot Size Square Feet 6038
Standard Status Active
Elementary School District San Leandro (510) 667-3500

Interior Features

Flooring Laminate,Tile
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N false
Total Bedrooms 3
Total Baths 2

Exterior Features

Parking Features Off Street,Guest,Parking Lot
Water Source Public
Lot Size Area 6038
Building Area Total 1618
Lot Size Acres 0.1386

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 94578

Price
AVG $840K
$900K
Year Built
AVG 1953
1947

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