243 Chumalia St, San Leandro, CA

Name: 243 Chumalia St, For Sale in San Leandro - Zoocasa
Brand: Colliers International
SKU: 426114848
Price: 1492500 USD

House

For Sale

Listed price in listed location currency (USD).

$1,492,500

000

MLS® 426114848

Overview

Key Facts

Type Multi Family

Levels Residential Income

Size -

Garage

Taxes

Days Active 18

Lot Size

Approx. Age 0

MLS® Number 426114848

Property Address: 243 Chumalia St, San Leandro, CA, 94577-3755

Average square foot calculated using Size range provided by listing agent.

Description

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.

MLS® Number426114848

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age0

Basement

Driveway

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Mar 24, 2026List Date

$1,492,500List Price

Map

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