1940 Placer Drive, San Leandro, CA 94578

• 3 beds |
• 2 baths |
• 1,618 sqft

Property Description

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.

Listing Status:

Active

Date Added:

August 24, 2026

Data Last Updated:

August 27, 2026 at 3:07AM

Listing Office:

Kapowich Real Estate : 408-245-7700

Listing Agent:

Pat Kapowich : 408-245-7700

MLS ID:

ML82058819

Interior

• Basement: Crawl Space
• Flooring: LaminateTile
• A/C: None
• Heating: Natural GasWall Furnace

Exterior

• Parking: Off StreetGuestParking Lot

Construction

• Roofing: ShingleComposition
• General: 1

Location

• School District: San Leandro (510) 667-3500
• County: Alameda

Lot

• Zoning: R1-0790008016
• View: BayCity LightsView

Utilities

• Water: Public
• Sewer: Public Sewer