1672 162nd Ave, San Leandro, CA 94578

Property Description

Prime development opportunity in a highly desirable San Leandro location. This offering includes two adjacent parcels sold together as one package, comprising a combined ±15,066 sq ft lot per preliminary title. The property consists of: • APN 80-63-29-3: Improved with an existing 2-bedroom single-family residence on an approximately 11,500 sq ft lot (home is in poor condition and not considered livable). • APN 80-63-29-4: Adjacent vacant parcel of approximately 3,566 sq ft. According to the preliminary report, there is one legal description, and the parcels are conveyed together as a single combined site. Zoned RSD-15 with a Medium Density Residential (MDR) land use designation, offering strong redevelopment potential. Prior planning guidance indicates the site may support approximately 3–7 units, with townhomes or small multifamily development likely appropriate (buyer to verify with City/County Planning). Excellent opportunity for investors or developers seeking to build condos, townhomes, or income-producing units. Outstanding location near I-580 freeway access, East 14th Street, shopping, transit, and everyday amenities. Surrounded by a mix of residential housing types, including nearby multifamily developments. Sale is AS-IS. Buyer to conduct all due diligence regarding zoning, unit count, development feasibility, and permitting.