Log In/Sign Up
Your email has been sent.
350 Lafayette Ave 5 Unit Apartment Building $2,524,687 CAD ($504,937 CAD/Unit) 5.02% Cap Rate San Leandro, CA 94577
INVESTMENT HIGHLIGHTS
- Can be sold separately as a 5-unit property or combined with 185 Belleview as a 10-unit property
- Walking distance to BART, Old San Leandro and Estudillo Estates (Safeway, Zocalo Coffee, Paradiso)
- Updated kitchens include: quartz counters, stainless steel appliances, new cabinets, undermount sinks
- 185 Belleview is an adjacent 5-unit property with a separate parcel ID
- Fully renovated in 2016 with updated kitchens and baths
- Units include: wood style floors, in-unit washer/dryer, electric thermostat
EXECUTIVE SUMMARY
350 Lafayette is offered for sale along with 185 Belleview. The properties can be purchased separately as 5-unit buildings or together as a combined 10-unit property.
185 Belleview and 350 Lafayette consist of 10 units across two separate five-unit buildings. Originally built in 1943, both properties underwent a full renovation in 2016,
when they were stripped to the studs and completely remodeled. Each unit features modern finishes including quartz counter tops, stainless steel appliances, updated
kitchens and bathrooms, and in-unit washer/dryers. Both buildings also provide garage parking, with two garages available per property for select tenants, and each
building received a new roof as part of the renovation, ensuring long-term durability and reduced maintenance costs.
185 Belleview and 350 Lafayette consist of 10 units across two separate five-unit buildings. Originally built in 1943, both properties underwent a full renovation in 2016,
when they were stripped to the studs and completely remodeled. Each unit features modern finishes including quartz counter tops, stainless steel appliances, updated
kitchens and bathrooms, and in-unit washer/dryers. Both buildings also provide garage parking, with two garages available per property for select tenants, and each
building received a new roof as part of the renovation, ensuring long-term durability and reduced maintenance costs.
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $2,524,687 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $504,937 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.09 AC |
| Cap Rate | 5.02% | Building Size | 4,613 SF |
| Gross Rent Multiplier | 12.99 | Average Occupancy | 80% |
| No. Units | 5 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1943 |
| Property Subtype | Apartment | Parking Ratio | 0.43/1,000 SF |
| Price | $2,524,687 CAD |
| Price Per Unit | $504,937 CAD |
| Sale Type | Investment |
| Cap Rate | 5.02% |
| Gross Rent Multiplier | 12.99 |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 4,613 SF |
| Average Occupancy | 80% |
| No. Stories | 3 |
| Year Built | 1943 |
| Parking Ratio | 0.43/1,000 SF |
AMENITIES
UNIT AMENITIES
- Dishwasher
- Washer/Dryer
- Hardwood Floors
- Stainless Steel Appliances
- Quartz Countertops
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Courtyard
- Tenant Controlled HVAC
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 5 | $3,452 CAD | 922 |
1 1
Walk Score®
Very Walkable (85)
Bike Score®
Very Bikeable (73)
PROPERTY TAXES
| Parcel Number | 075-0188-049-00 | Total Assessment | $1,938,515 CAD |
| Land Assessment | $580,859 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $1,357,656 CAD | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
075-0188-049-00
Land Assessment
$580,859 CAD
Improvements Assessment
$1,357,656 CAD
Total Assessment
$1,938,515 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
1 of 14
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
350 Lafayette Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.