955 Karol Way, San Leandro

$5,695,000

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0.85

Acres

About 955 Karol Way

Pleased to present 955 Karol Way, a well-maintained 19-unit multifamily property situated on a large 37,200 square foot lot in San Leandro. The property features an attractive unit mix of sixteen (16) 2-bedroom/1-bathroom units and three (3) 2-bedroom/1.5-bathroom townhome units, 16 of which have been renovated. A true turnkey asset, the property has benefited from extensive capital improvements, including a new TPO roof, copper plumbing, updated electrical, seismic upgrades, and vinyl dual-pane windows. The oversized lot provides 30+ on-site parking spaces, including three garages, and additional income is generated through on-site laundry. The property represents an exceptional investment opportunity in one of the East Bay's most established rental markets. 955 Karol Way is ideally located less than one mile from Downtown San Leandro and the San Leandro BART Station, providing residents with convenient access to Downtown Oakland, San Francisco, and Silicon Valley. The property also offers immediate access to Interstate 580, Interstate 880, and State Route 185, making commuting throughout the Bay Area seamless. Residents enjoy proximity to a growing collection of restaurants and retail, including Fieldwork Brewing Company, Paradiso Restaurant, Zocalo Coffeehouse, and the Safeway Shopping Center, along with neighborhood parks, schools, and everyday conveniences. Combining excellent transportation access with a vibrant downtown and strong rental demand, the property is well positioned in one of the East Bay's most established multifamily markets.

Features of 955 Karol Way

MLS® # 41143863
Price $5,695,000
Bathrooms 0.00
Acres 0.85
Year Built 1961
Type Residential Income
Sub-Type Apartment
Status Active

Community Information

Address 955 Karol Way
Subdivision MULFORD
City San Leandro
County Alameda
Zip Code 94577

Amenities

Parking Spaces 30
Is Waterfront No
Has Pool No

Interior

Appliances Dryer, Washer
Heating Wall Furnace
Cooling None
Has Basement No
Fireplace No

Exterior

Exterior Stucco
Lot Description Cul-De-Sac
Roof Composition
Construction Stucco

Additional Information

Date Listed August 4th, 2026
Days on Market 38
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentTimothy Warren
OfficeNAI Northern California

Listing Map

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