16118 Mateo St, San Leandro, CA 94578
- $1,490,000
Listed by Timothy Warren, (510) 336-4719 from NAI Northern California
(If provided) CoList: from
Sold listing courtesy of Andres Lopez from M&MKW
- Sold Price
- $1,490,000
- List Price
- $1,530,000
- Closing Date
- Nov 14, 2025
- MLS#
- EB41104875
- Status
- SOLD
- Lot Size
- 14,328
- Listing Area
- Hayward
- Year Built
- 1957
Property Description
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.
/u.realgeeks.media/sanjoserealestatepro/Header_Logo-min.png){kind=logo}
Additional Information
- Acres
- 0.33
- Age
- 68
- Amenities
- None
- Cooling System
- None
- Days On Market
- Unknown
- Exterior Features
- Stucco
- Floor Covering
- Tile, Hardwood
- Garage Parking
- Attached Garage, Enclosed, Gate / Door Opener, Guest / Visitor Parking
- Heating System
- Wall Furnace
- Lot Description
- Regular
- Lot Size
- 14,328
- Neighborhood
- Hayward
- Numberof Units
- 6
- Sewer
- Sewer - Public
- Unincorporated Yn
- Yes
Mortgage Calculator
The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than Real Estate Company are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents.
Based on information from MLSListings MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Copyright 2026 MLSListings Inc. All rights reserved