Price Reduced Listing
$978,888
 $5,255 est/mo Sourced by Back At You

16640 Los Banos Street,San Leandro, CA 94578

San Leandro, CA 94578

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Description

RARE OPPORTUNITY WITH FLEXIBLE LIVING, OUTDOOR SPACE & A 2.5% ASSUMABLE VA LOAN! This move-in-ready property offers much more than the numbers suggest. The 1,425-SF main residence features 3 bedrooms and 1.5 baths, PLUS two separate finished studio spaces (approx. 365 SF and 216 SF 2006 SF Total), each with a full bath, kitchenette and mini-split HVAC ideal for guests, extended family, offices or flexible uses. The larger studio has a successful history of short-term rental use; the smaller has been used as a long-term rental. Buyer to investigate permitted uses. Even more exceptional: a FULLY ASSUMABLE VA LOAN with an approximate $497,000 balance at just 2.5% offering a qualified buyer potential savings of approximately $1,150 per month compared with current financing. The main home blends mid-century character with updates, including PPA solar, LED lighting, tankless water heater and EV hookup. The dine-in kitchen features quartz counters, updated cabinetry, stainless appliances and a walk-in pantry. Upstairs, the loft bedroom with half bath opens to a rooftop balcony overlooking the gardens and East Bay. The 7,500-sf property offers drought-tolerant landscaping, mature fruit trees, parking and entertaining areas, plus a 1,400+ sf vista terrace with sweeping views.

Details

MLS #ML82055371
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1947
Days On Site94
Listing Provided ByeXp Realty of California Inc | Phil Roza

Features

Bed(s)5
Bath(s) 4 Total
SQ Feet1,425
Story(s)2
ZoningR-1
Acreage0.17
Property ViewYes

Interior

CoolingWall Window Units
Heating Yes / NoYes
Cooling Yes / NoYes
Interior FeaturesLoft
AppliancesDishwasher, Disposal, Ice Maker, Microwave, Refrigerator, Range Hood
Fireplace Yes / NoNo

Exterior

RoofComposition
Foundation DetailsConcrete Perimeter
FencingWood

Parking

Attached Garage Yes / NoNo
Parking FeaturesOff Street
Garage Yes / NoNo

Utilities

UtilitiesNatural Gas Available
SewerPublic Sewer

Area Information

StateCA
CountyAlameda
CitySan Leandro
Zip Code94578
Area699 Not Defined
Listing VS Median (in 94578)
Price:
$978,888
low | high
Med:
$799,000
68.376770376182% of Average
sqft:
1,425
low | high
Med:
1,603
37.508771929825% of Average
$ / sqft:
$687
low | high
Med:
$498
77.440360440461% of Average
On site:
94
low | high
Med:
598
15.719063545151% of Average
Sourced by Back At You

Market Activity 94578

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Learn More About This Property

StateCA
CountyAlameda
CitySan Leandro
Zip Code94578
Area699 Not Defined
Listing VS Median (in 94578)
Price:
$978,888
low | high
Med:
$799,000
68.376770376182% of Average
sqft:
1,425
low | high
Med:
1,603
37.508771929825% of Average
$ / sqft:
$687
low | high
Med:
$498
77.440360440461% of Average
On site:
94
low | high
Med:
598
15.719063545151% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $734K - $1.223M
sqft: 1,000 - 1,500
Nearby Listings Property ImageNearby Listings Details
17112 Los Banos St Property Photo 1
$749,900
17112 Los Banos St
Hayward, CA 94541
16605 Rolando Ave Property Photo 1
$860,000
16605 Rolando Ave
Castro Valley, CA 94578
Listing Updated: October 22, 2026 at 12:22:41 PM PDT