






$978,888
5 bd · 3.5 ba · 1,425 sqft · 7,500 sqft lot
16640 Los Banos St, San Leandro, CA 94578
Single family · Built 1947 · $687/sqft ·
$5,995/mo est. payment
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.
Edendale Middle School
middle · 6-8 · 0.6 mi
San Lorenzo High School
high · 9-12 · 1.0 mi
Dayton Elementary School
elementary · K-5 · 2.8 mi
Camelot School
elementary · K · 0.5 mi
International Bible Baptist Academy
elementary · 2-7 · 0.7 mi
Lighthouse Christian Academy
elementary · K-3 · 0.7 mi
$952,388
Listed by Phil Roza · eXp Realty of California Inc. · MLSListings




















