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15540 Hesperian Blvd, San Lorenzo, CA, 94580

5beds
4baths
1,564sqft
$1,950,000
$1,247price/sqft
$12,947/moest. monthly cost
$517,880/yrincome needed

About This Home

Prime commercial investment opportunity featuring two adjoining parcels zoned District Commercial in a high-visibility location next to a shopping strip and directly across from Walmart. The first parcel (15540 & 15542) includes a 3/2 baths single-family home in front and a rear structure with two 1/1 baths units. The second parcel (15548) features offices/rooms, 2 baths office/retail building, currently used as a kitchen and bathroom showroom with storage. Excellent income potential with strong redevelopment upside. District Commercial zoning allows a wide range of uses including retail, office, coffee shop, art studio, medical services, personal services, daycare, and more. Potential to develop up to a 5-story (approx. 75 ft) building with Conditional Use Permit. Value primarily in the land. Opportunity for investors with huge options for development. Interested party to verify development possibilities with Alameda County Planning Department.

Getting Around

77
WalkingVery Walkable
59
TransitGood Transit
65
BikeBikeable

Schools

5/10
Grant Elementary SchoolGrades K-50.6 mi
5/10
Washington Manor Middle SchoolGrades 6-81.0 mi
3/10
San Lorenzo High SchoolGrades 9-120.4 mi

Construction

Condition

  • Year built: 1910

Materials

  • Construction materials: Stucco,Wood Siding,Other

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Interior

Appliances

  • Laundry features: Laundry Room,In Unit

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4

Features

  • Flooring: Laminate,Tile,Other

Heating & Cooling

  • Heating features: Other
  • Cooling features: No Air Conditioning

Interior Area

  • Total structure area: 1,564
  • Total interior livable area: 1,564 sqft

Property

Details

  • Parcel number: 4131113
  • Special condition: Standard
  • Other equipment: Other

Features

  • Exterior features: Back Yard,Dog Run,Front Yard,Side Yard,Other,Low Maintenance
  • Fencing: Fenced
  • Has view: Yes
  • View description: City Lights,Other

Lot

  • Lot size: 5,662 sqft
  • Features: 2 Houses / 1 Lot,Level,Premium Lot,Other,Back Yard

Parking

  • Total spaces: 2
  • Parking features: Detached,Guest,Off Street,Side Yard Access,Other,Garage Faces Side,On Street
  • Has garage: Yes
  • Has uncovered spaces: Yes