Skip to content

$898,888

1940 Placer Drive, San Leandro, CA 94578

3beds
2baths
1,618sqft
$556/sqft

About this home

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.

Property details

Property type
Single Family
Year built
1947
Lot size
6,038 sqft
Parking spaces
6
Stories
1
View
Bay,City Lights
County
Alameda
Listed
1 day ago
MLS #
82058819
Listed by
Pat Kapowich · Kapowich Real Estate

Features

  • Assigned Spaces
  • Common Parking Area
  • Guest / Visitor Parking
  • Off-Street Parking
  • On Street
  • Parking Area
  • Unassigned Spaces
  • Gas
  • Wall Furnace
  • Flooring: Carpet
  • Flooring: Laminate
  • Flooring: Tile
  • Flooring: Vinyl / Linoleum
  • Roof: Composition
  • Roof: Rolled Composition
  • Roof: Shingle
  • Walk-in Closet
  • Lot: Views
  • Utilities: Individual Electric Meters
  • Utilities: Individual Gas Meters
  • Utilities: Natural Gas
  • Utilities: Public Utilities
  • Sewer: Sewer - Public
  • Sewer: Sewer Connected
  • Sewer: Sewer in Street
  • Water: Public

Questions about 1940 Placer Drive?

Talk to a GoReal advisor. Not a chatbot — a real person who knows this neighborhood.

Fast, human replies$5,000 flat fee

Location

Approximate location based on the listing address.

Copyright 2026 MLSListings Inc. Based on information from MLSListings MLS as of 8/24/2026. 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 #82058819. Listing courtesy of Kapowich Real Estate.