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3 Beds
2 Baths
1,618 sqft

$898,888

1940 Placer Drive, San Leandro CA, 94578

Price per sqft$555.56
Built in1947
Property size1,618 sqft
Property typeResidential

Overview

Active

Listed Aug 24, 2026

Updated 4 weeks ago

Rare duplex opportunity in San Leandro's heights of the Hillcrest Knolls neighborhood, with sweeping bay views from each unit, including views of the SF Peninsula. This income-producing property features two distinct units with separate postal addresses and individually metered gas and electricity, ideal for an owner-occupant looking to offset their mortgage with rental income, or a strong addition to any investment portfolio. Unit #1942 is a 1-bedroom, 1-bathroom with in-unit laundry, perfect for owner-occupancy or premium market-rate rental. Unit #1940 is a spacious 2-bedroom, 1-bathroom occupied by a long-term tenant providing immediate rental income. Dedicated off-street parking behind the duplex for 6 vehicles. Excellent commute location near major routes, shopping, and dining. Pre-sale inspections and disclosures available; see documentation link. A rare chance to own a versatile, view-rich duplex in one of San Leandro's hillside locations, just minutes from downtown Castro Valley.

$5,980/mo

Est. mortgage payment based on a $898,888 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
ML82058819

Interior Features

Bedrooms
3
Bathrooms
2
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.14 Acres

Other Property Details

View
Yes
MLS provider logo

Listed by Pat Kapowich, with Kapowich Real Estate
Listing Contact: 408-245-7700 

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