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$997,000$1,050,000$53K price cut

16640 Los Banos Street, San Leandro, CA 94578

$1.1M$997K$53K below original ask (5%)· reduced Aug 15
5beds
3.5baths
1,425sqft
$700/sqft

Open House

Sat, Sep 12·1:00 PM4:00 PM

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About this home

RARE OPPORTUNITY WITH FLEXIBLE LIVING, OUTDOOR SPACE & A 2.5% ASSUMABLE VA LOAN! This move-in-ready property offers much more than the numbers suggest. The 1,425-SF main residence features 3 bedrooms and 1.5 baths, PLUS two separate finished studio spaces (approx. 365 SF and 216 SF 2006 SF Total), each with a full bath, kitchenette and mini-split HVAC ideal for guests, extended family, offices or flexible uses. The larger studio has a successful history of short-term rental use; the smaller has been used as a long-term rental. Buyer to investigate permitted uses. Even more exceptional: a FULLY ASSUMABLE VA LOAN with an approximate $497,000 balance at just 2.5% offering a qualified buyer potential savings of approximately $1,150 per month compared with current financing. The main home blends mid-century character with updates, including PPA solar, LED lighting, tankless water heater and EV hookup. The dine-in kitchen features quartz counters, updated cabinetry, stainless appliances and a walk-in pantry. Upstairs, the loft bedroom with half bath opens to a rooftop balcony overlooking the gardens and East Bay. The 7,500-sf property offers drought-tolerant landscaping, mature fruit trees, parking and entertaining areas, plus a 1,400+ sf vista terrace with sweeping views.

Property details

Property type
Single Family
Year built
1947
Lot size
7,500 sqft
Parking spaces
3
Stories
2
View
Neighborhood,Other
County
Alameda
Listed
50 days ago
MLS #
82055371
Listed by
Phil Roza · eXp Realty of California Inc

Features

  • Off-Street Parking
  • Tandem Parking
  • Gas
  • Ceiling Fan
  • Multi-Zone
  • Window / Wall Unit
  • Flooring: Laminate
  • Roof: Composition
  • Construction: Wood
  • Security Gate
  • Walk-in Closet
  • Double Pane Windows
  • Energy Star Appliances
  • Energy Star Lighting
  • Low Flow Toilet
  • Solar Power On Grid
  • Tankless Water Heater
  • Walls Insulated
  • Lot: Grade - Gently Sloped
  • Lot: Regular
  • Utilities: Natural Gas
  • Utilities: Public Utilities
  • Utilities: Solar Panels - Lien
  • Sewer: Sewer - Public
  • Water: Public

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Location

Approximate location based on the listing address.

Copyright 2026 MLSListings Inc. Based on information from MLSListings MLS as of 9/13/2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. MLS Listing #82055371. Listing courtesy of eXp Realty of California Inc.