Property photo 1
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0 Beds
0 Baths

$1,390,100

243 Chumalia Street, San Leandro CA, 94577

Price per sqftN/A
Property typeMulti-family

Overview

Active

Listed Mar 24, 2026

Updated Jul 30

Sold together or separately, 225 & 243 Chumalia Street, two individually parceled, contiguous 7-unit buildings totaling 14 units in the heart of the Old San Leandro neighborhood. The property offers exceptional commuter connectivity, with immediate access to multiple bus lines, major transportation corridors, and the San Leandro BART station less than half a mile away - all providing residents seamless access to the greater Bay Area. The properties are further supported by their position within a dense concentration of high-growth industries, including healthcare, innovation infrastructure, and life sciences, among the fastest growing employment clusters in the broader regional ecosystem, complemented by San Leandro's robust and diversified local economy. Underpinned by strong in-place cash flow and over 19% in potential rental upside through natural unit turnover, 225 & 243Chumalia Street represent a compelling value-add opportunity with durable, long-term demand fundamentals. Though San Leandro has recently adopted Ordinance No. 2026- 001, capping annual increases at the lesser of 3% or 65% of CPI effective January 1, 2027, the property offers a rare combination of stable day-one cash flow with a clearly defined path to long-term appreciation, reinforced by robust market fundamentals and durable tenant demand.

$9,248/mo

Est. mortgage payment based on a $1,390,100 home price.

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

Additional information

MLS® ID
426114848

Interior Features

Bedrooms
0
Bathrooms
0
Basement
No

Exterior Features

Lot Size
0.34 Acres
MLS provider logo

Listed by Matthew Flaherty with Colliers International

Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS, but is not warranted. Data last updated on 7/30/2026.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Kalok Law | CA DRE# 01880376 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 3:11 AM UTC, 7/30/2026

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