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  1. Commercial Properties
  2. CA
  3. East Bay
  4. San Leandro

955 Karol Way

For Sale

955 Karol Way, San Leandro, CA 94577

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.The Mitchell Warren Team is 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.

Key features

  • 16 of 19 units renovated, minimizing near-term capital expenditures
  • 19-unit multifamily property on a 37,200 SF lot with 30+ on-site parking spaces
  • Additional income from on-site laundry with long-term upside through continued market rent growth
  • Attractive unit mix of sixteen (16) 2BD/1BA units and three (3) 2BD/1.5BA townhome units
  • Extensive capital improvements, including a new TPO roof, copper plumbing, updated electrical, seismic upgrades, and vinyl dual-pane windows
  • Walking distance to Downtown San Leandro and the San Leandro BART Station with convenient access to I-580 and I-880

Building Details

  • For Sale $5,695,000
  • Property Type Multi-Family
  • Property Size 15,268 SF
  • Units 19
  • Lot Size 0.85 Acre
  • Additional Rent Price on request
  • Building Class B
  • Year Built 1961
  • Date Updated Oct 6, 2026
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Contacts

broker
Kent Mitchell

NAI Northern California

Location

  • City San Leandro, CA
  • Neighborhood North San Leandro
  • Zip Code 94577
  • Market Bay Area
  • Map
  • Street
  • Walk score 92/100 Walker's Paradise
  • Transit score 63/100 Good Transit
  • Bike score 66/100 Bikeable
Powered by Walk Score ®

Points of Interest

San Leandro

0.57 miles

Bay Fair

2.68 miles

Coliseum

2.91 miles

Oakland International Airport

3.32 miles

Fruitvale

4.96 miles

Castro Valley

5.04 miles

Hayward

5.49 miles

Lake Merritt

7.67 miles

Oakland-Jack London Square

7.81 miles

Oakland City Center - 12th Street

8.23 miles

Shell

0.37 miles

Chevron

0.46 miles

Union Center

0.66 miles

Arco

1.01 miles

Marina

1.07 miles

Valero

1.16 miles

Western States Oil

1.51 miles

Speedway

1.59 miles

Tesla Supercharger

4.64 miles

ChargePoint

4.65 miles

Creative Energy Foods Employee Parking

1.40 miles

Halcyon Park Parking Lot

1.79 miles

FastTrack Airport Parking

2.12 miles

Enterprise Rent-A-Car

2.22 miles

Courtyard by Marriott parking

2.32 miles

Park 'N Fly

2.33 miles

Fly N Save Airport Parking

2.33 miles

VIP Airport Parking

2.39 miles

Clyde Woolridge Staging Area

2.67 miles

Malibu Lot

2.70 miles

Road Bear RV Rentals

0.67 miles

San Leandro Car Wash

0.93 miles

Sprinter Vans 4 Rent

1.78 miles

Quick & Shine

1.79 miles

Enterprise

2.22 miles

A Eastbay Truck Wash

2.46 miles

Hertz

3.32 miles

Dollar

3.32 miles

Thrifty

3.33 miles

Fox

3.33 miles

IHOP

0.24 miles

Hong Kong Chef

0.27 miles

McDonald's

0.27 miles

Bonchon Chicken

0.28 miles

Rocky's Charcoal Grill

0.31 miles

Asia Delight

0.32 miles

Sons of Liberty

0.33 miles

Wing Fiesta

0.33 miles

Dave's Hot Chicken

0.34 miles

Chipotle

0.36 miles

Safeway

0.37 miles

Pelton Plaza

0.39 miles

FoodMaxx

0.76 miles

Grocery Outlet

0.81 miles

Ross

1.01 miles

Foods Co

1.07 miles

Marshalls

1.28 miles

Santos Spices

1.38 miles

Super Mercado Mi Tierra

1.54 miles

Walmart

1.57 miles

Alameda County Fire Department Station 9

0.26 miles

CVS Pharmacy

0.34 miles

Rite Aid

0.85 miles

DaVita Dialysis

1.12 miles

Walgreens

1.18 miles

San Leandro Hospital

1.23 miles

Hanbang Health Center

1.36 miles

Oakland Fire Station 20

1.41 miles

Alameda County Fire Department Station 12

1.54 miles

Kindred Hospital - San Francisco Bay Area

1.58 miles

Listing Summary

  • Property Financials

    955 Karol Way is currently listed for sale at $5,695,000 for a price per square foot of $373.

  • Property Details

    955 Karol Way totals 15,268 square feet of Multi-Family space on a lot spanning 0.85 acres. The property was initially built in 1961.

    Based on its location, amenities, and finishes, the property is listed as class B.

  • Area Characteristics

    955 Karol Way is located in the North San Leandro neighborhood.

    In terms of ease of commuting, the area has a walk score of 92, indicating that it is perfect for walking.

Contact Kent Mitchell
broker
Kent Mitchell

NAI Northern California

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