1345 145th Ave duplex exterior at golden hour
New Listing · East Bay

A dual-stream
income asset
in San Leandro.

1345 145th Ave — a turnkey duplex on a 6,250 sq ft lot, purpose-built for portfolio builders and armchair investors chasing predictable East Bay yield.

Asking Price
$838,000
Units
2
Lot
6,250 sf
Meters
Separate
Address
1345 145th Ave
San Leandro, CA 94578
Configuration
2 + 1
Duplex · Sep. addresses
Utilities
Sub-metered
PG&E + Water
Delivery
Turnkey
Empty or occupied
01 — The Opportunity

Attention investors: immediate rental upside.

Turnkey duplex in a high-demand San Leandro rental pocket, completely optimized for the armchair investor or portfolio builder. Strategically configured as two distinct, separately addressed units on a spacious 6,250 sq ft lot — maximizing rental yield per square foot.

Situated blocks from Halcyon Park with exceptionally fast access to BART, Highway 880, major retail centers, and local employment hubs. Deliverable empty or ready for immediate market-rate stabilization. Skip the volatile single-family market and plug a predictable, dual-stream revenue generator right into your portfolio.

02 — Who It's For

Three buyers. One versatile asset.

1345 145th Ave flexes across investor, owner-occupant, and value-add profiles — buy it for the yield, live in it with income support, or unlock the next layer of upside.

The Investor
A

Pure dual-stream yield.

Keep both units leased at market. Sub-metered utilities, separate addresses, and a proven rental pocket mean predictable cash flow from day one — an ideal 1031 target or IRA-held hard asset.

  • Two independent leases
  • Sub-metered PG&E + water
  • Historically fast turns
Single-Family Buyer
B

Live in one, monetize the other.

Owner-occupy the 2-bed primary unit and use the 1-bed as in-law quarters for family, or lease it out to materially offset your monthly mortgage payment. House hacking, done right.

  • In-law quarters for family
  • Rental income offsets mortgage
  • Separate address + meters
Value-Add
C

Easy expansion upside.

A 6,250 sq ft lot and detached garage open real value-add paths — from a full garage-to-ADU conversion for a third income stream, to lower-cost lifestyle upgrades that boost owner enjoyment or rent.

  • Convert 2-car garage into an ADU
  • Or convert the garage into a game room
  • Add a sunroom / California room out back
03 — Investor Advantage

Operating expenses,
engineered down.

Fully separate meters for BOTH PG&E and water shift utility burdens directly to the tenants — keeping your OpEx ratio remarkably low from day one.

01

Sub-metered PG&E

Tenants billed directly. Owner reserves stay clean quarter over quarter.

02

Sub-metered water

Rare for East Bay duplexes at this price. Kills the fixed-cost overhang.

03

Microscopic vacancy

Historically fast turns in this rental pocket. Deliverable stabilized or vacant.

04

Detached garage

Unit 1 includes a 1-car garage — a premium rent lever in the East Bay.

05

Two addresses

Separately addressed units simplify leasing, financing, and tenant screening.

06

Dual revenue

Two independent leases hedge single-tenant vacancy risk.

04 — Portfolio Fit

A hard-asset complement to paper wealth.

01

Diversify from AI/tech stocks

Heavy exposure to tech and AI equities? This cash-flowing duplex adds non-correlated, hard-asset balance to your portfolio.

02

IRA-friendly holding

Capital sitting in an IRA? Real estate can be held inside self-directed retirement accounts with no RMD pressure while it cash-flows.

03

1031 exchange target

Exiting a single-family rental? This duplex is an ideal 1031 exchange replacement property to defer capital-gains taxes.

05 — The Units

Two units. Two revenue lines.

2 Bed · 1 Bath
Unit 1 · Primary

2 Bed · 1 Bath

Spacious layout with laminate flooring throughout, stone countertops, generous cabinet space, an in-unit laundry area, and a detached 1-car garage.

Bedrooms
2
Bathrooms
1
Flooring
Laminate
Counters
Stone
Laundry
In-unit
Garage
1-car detached
1 Bed · 1 Bath
Unit 2 · Efficient

1 Bed · 1 Bath

Highly rentable, low-maintenance layout designed for fast vacancy turns and consistent tenant demand — the perfect complement to Unit 1.

Bedrooms
1
Bathrooms
1
Turn Time
Minimal
Demand
High
Address
Separate
Meters
Sub-metered
Aerial view of the 145th Ave neighborhood
06 — Location

A rental pocket with a microscopic vacancy rate.

Blocks from Halcyon Park with fast access to BART, Highway 880, and every major East Bay employment corridor. The neighborhood profile is the reason this asset stabilizes so predictably.

  • Halcyon Park3 min walk
  • Bay Fair BART8 min drive
  • Highway 8805 min drive
  • Downtown Oakland20 min drive
  • Oakland Airport (OAK)15 min drive
  • Bayfair Center retail6 min drive
07 — Next Step

Request the
offer package.

Rent roll, expense summary, comparable sales, and disclosure package available upon request. Private tours scheduled Thursday–Sunday.

© 2026 Dalton Wade Real Estate Group · CA DRE #01364836
1345 145th Ave · San Leandro, CA 94578
Disclaimer: All information provided is deemed reliable but not guaranteed. Buyer and buyer’s agent are advised to independently verify all property details, including square footage, permits, rents, expenses, zoning, and any other material facts, prior to making an offer.