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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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955 Karol Way, San Leandro – $5,695,000

  • $5.7M Price
  • .85 Acres
  • 16 DOM
  • $5.7M Price
  • .85 Acres
  • 16 DOM

955 Karol Way

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. 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.

Essential Information

  • MLS® #41143863
  • Price$5,695,000
  • Bathrooms0.00
  • Acres0.85
  • Year Built1961
  • TypeResidential Income
  • Sub-TypeApartment
  • StatusActive

Community Information

  • Address955 Karol Way
  • SubdivisionMULFORD
  • CitySan Leandro
  • CountyAlameda
  • Zip Code94577

Amenities

  • Parking Spaces30

Interior

  • AppliancesDryer, Washer
  • HeatingWall Furnace
  • CoolingNone

Exterior

  • ExteriorStucco
  • Lot DescriptionCul-De-Sac
  • RoofComposition
  • ConstructionStucco

Additional Information

  • Date ListedAugust 4th, 2026
  • Days on Market16

Listing Details

  • AgentTimothy Warren
  • OfficeNAI Northern California
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Timothy Warren, NAI Northern California.

Based on information from California Regional Multiple Listing Service, Inc. as of August 20th, 2026 at 2:37pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.