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1940 Placer Drive, San Leandro CA 94578
1940 Placer Drive, San Leandro CA 94578
California>Alameda County>Hillcrest Knolls

1940 Placer DriveSan Leandro, CA 94578

For Sale

$898,888

Smart Buyer Rebate $8,989

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.

Listed by Pat Kapowich

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Kapowich Real Estate

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4082457700

Last updated September 05, 2026

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Source: MLSL #ML82058819

Listing Facts

  • TypeSingle-family
  • NeighborhoodHillcrest Knolls
  • Bedrooms3
  • Bathrooms2
  • Days on Prevu68
  • Size1,618 sqft
  • Price per sqft$556

Amenities

  • Private Outdoor Space
  • Parking

Location

Mortgage Calculator

Listing History

08/24/2026
Listed by Kapowich Real Estate
$898,888
  1. 08/24/2026$898,888
    Listed by Kapowich Real Estate

Property Details for 1940 Placer Drive

Exterior

Construction

  • Roof: Composition, Shingle, Rolled/Hot Mop
  • Stories: 1
  • Stories Total: 1
  • Year Built: 1947
  • Exterior Features: Balcony

Features

  • Patio And Porch Features: Patio
  • View: Bay, City Lights

Measurements

  • Building Area Total: 1,618
  • Lot Features: Views
  • Lot Size Area: 6,038
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 079-0008-016

Interior

Features

  • Appliances: Refrigerator, Gas Range
  • Flooring: Vinyl, Carpet, Laminate, Tile
  • Interior Features: Walk-In Closet(s)

Measurements

  • Living Area: 1,618

Rooms

  • Basement: Crawl Space
  • Bathrooms Full: 2
  • Bedrooms Total: 3

Other

Location

  • City Region: Castro Valley

Parking

Parking

  • Parking Features: Off Street, On Street, Assigned, Common, Guest, Unassigned
  • Parking Total: 6

Schools

Elementary School

  • Elementary School District: San Leandro Unified

High School

  • High School District: San Leandro Unified

Utilities

Equipment

  • Heating: Natural Gas, Wall Furnace
  • Has Heating: Yes
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this single-family home have?

There are 3 bedrooms and 2 bathrooms in this single-family home at 1940 Placer Drive.

Does this single-family home have parking?

Yes, there are 6 parking spaces available for 1940 Placer Drive.

How does 1940 Placer Drive compare to other single-family homes in Hillcrest Knolls?

This single-family home is listed 26% above the average price for single-family homes in Hillcrest Knolls and has been on the market for 17 less days than the typical home in this area.

What is the square footage on this single-family home?

According to the MLS, this listing is 1,618 sqft.

1940 Placer Drive is a 3-bedroom, 2-bath single-family home for sale in SAN LEANDRO CA 94578. Available on Prevu for 68 days at $898,888. This residence features 1,618 square feet of living space, located in Alameda County. The median listing price for single-family homes in this area is $898,888. Property amenities include private outdoor space and parking. Browse more single-family home listings in Alameda County.

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListings™️ MLS system. Real estate listings held by brokerage firms other than Prevu Real Estate are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents. Based on information from the MLSListings MLS as of 10/06/2026. 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. Properties may or may not be listed by the office/agent presenting the information. Data Services by Constellation Data Labs. IDX display powered by Prevu Real Estate. Copyright 2026 MLSListings Inc. All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.