Tour
More
1 / 17
2 / 17
3 / 17
14950 Zelma St, San Leandro, CA 94579
--
bed
--
bath
· 30251
ft2 lot
$8,950,000
Listing provided courtesy of LOUIS KWOK, MARCUS & MILLICHAP.
Source CRMLS.
14950 Zelma Street is a unique opportunity to acquire a well-maintained property located in the sought after San Leandro rental market. The 31-unit (28 units and 3 non-conforming units), 24,690 square foot property consists of twenty seven (27) two bedroom/one bathroom units, two (2) three bedroom/ one bathroom units, one (1) one-bedroom/one bathroom unit, and one (1) studio. Constructed in 1964, 14950 Zelma is a three story structure with approximately 24,690 gross living space and set on a 30,056 square foot lot. The property recently underwent capital improvements including a new seismic retrofit and a new roof installed. The exterior paint was recently completed in 2020. In addition, tenants enjoy 31 gated parking spaces with seven stalls used for guests.
HOA
$—/month
On market
8 months
Year built
1964
Property type
Condo
Parking
MLS
40919006
Price / Sq.Ft.
ft2
Status
Active
price-analysis-v2
Price analysis
prepare-offer
Prepare an offer
Tour this home
Request a free tour of this home
Wednesday
21
April
Thursday
22
April
Friday
23
April
Saturday
24
April
Sunday
25
April
Monday
26
April
Tuesday
27
April
Wednesday
28
April
Thursday
29
April
Friday
30
April
Saturday
1
May
Sunday
2
May
Monday
3
May
Tuesday
4
May
Tour type :
In person
Need a Lyft ride to and from your tour?
Flyhomes Cash Offer
Based on a price of $8,950,000
Rebate:
Cash Offer Costs:
Net Rebate:
Negotiating Power:
Flyhomes Cash Offer
$0
$0
+$1,740/day
$0
Best
Flyhomes Guaranteed Offer
$44,750
- -
$44,750
Better
Discount Brokerage
$36,195
not offered
$36,195
Average
Traditional Brokerage
$0
not offered
$0
Variable
Legal Disclaimer: The Savings Calculator is intended for planning and educational purposes only, and should not be solely relied upon in your decision to participate in Flyhomes’ Cash Offer or other programs.Read more
Property Details
Interior Features & Layout
Heating & Cooling
•   
Has Heating
•   
Heating Details: See Remarks
•   
Cooling Details: See Remarks
Property, Lot, Community & Exterior Features
Lot Info
•   
Lot Size Acres: 0.6900
•   
Lot Size Area: 30251.0000
•   
Lot Size Units: Square Feet
Community Info
•   
Total Units: 31
Building Info
•   
Construction Materials: Other
Listing Details, Costs & Financing Information
Financial Info
•   
Tax Annual Amount: 111089.00
•   
Other Expense: 40000.00
•   
Cap Rate: 4.99
•   
Professional Management Expense: 28970.00
•   
Gross Scheduled Income: 724257.00
Lease Info
•   
Net Operating Income: 464175.00
Tax/Assessment Info
•   
Tax Year: 2020
•   
Taxes: 55320.0
Listing Info
•   
Status: Active
School Neighborhood & Directions
Location
•   
Directions: 880 Washington Cross Street: Manor Blvd..
Other
Calculation
•   
Dom: 48
•   
Cdom: 48
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: Apr 20, 2021 10:52pm
Neighborhood snapshot
13
Properties for sale
7
Median days on market
$585.11
Median sold price/sqft
107.79%
Sold/List %
walk-icon}
walk score® :
transit-icon}
transit score® :
bike-icon}
bike score® :
Property History
10/12/2020
10/12/2020
CRMLS #40919006
active
CRMLS #40919006
$8,950,000
--3.76%
09/01/2020
09/01/2020
CRMLS #40919006
active
CRMLS #40919006
$9,300,000
+236.35%
12/18/2001
12/18/2001
Public Record
sold
Public Record
$2,765,000
+470.69%
08/14/1980
08/14/1980
Public Record
sold
Public Record
$484,500
Nearby Similar Homes
street view
$9,500,000
77 New Place Road
HILLSBOROUGH, CA 94010
0 bed
0 bath
1
 ft²
 · 
78844
 ft²  lot
Recently Sold Nearby
Products
BrokerageMortgageToursTitle & Escrow
Download the Flyhomes App
Equal Housing Opportunity
By searching, you agree to the Terms of Use and Privacy Policy.
California DRE #02012110

1 Homes are subject to our approval and must be listed within an MLS in the areas that Flyhomes operates. Homes are subject to inspections and other limitations.
Flyhomes © 2021