955 Karol Way

For Sale

955 Karol Way, San Leandro, CA 94577

This San Leandro property for sale is located at 955 Karol Way. The general use of 955 Karol Way is multi-family and it incorporates 15,268 square feet of class B multi-family space. The current listed sale price for 955 Karol Way is $5,695,000. 955 Karol Way is situated on a lot that is 0.85 acre in size.

Contacts

Kent Mitchell

NAI Northern California

Property Details

  • Property Type Multi-Family
  • Property Size 15,268 SF
  • Units 19
  • Lot Size 0.85 Acre
  • Building Class B
  • Year Built 1961
  • Date Updated Sep 23, 2026
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.
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Highlights

  • 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

Getting around

  • 92/100

    Walk Score ®

  • 63/100

    Transit Score ®

  • 66/100

    Bike Score ®

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Location

  • City San Leandro, CA
  • Neighborhood North San Leandro
  • Zip Code 94577
  • Market Bay Area

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

  • Harris Motel

    1.07 miles

  • Commodore Motel

    1.17 miles

  • Premier Inn & Suites

    1.22 miles

  • Welcome Inn

    1.30 miles

  • Crown Lodge Motel Oakland

    1.30 miles

  • Crown Lodge Motel

    1.30 miles

  • Best Western Plus Airport Inn & Suites

    2.24 miles

  • Motel 6

    2.28 miles

  • Quality Inn

    2.30 miles

  • Comfort Inn & Suites

    2.31 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

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