Property Detail

16640 Los Banos

San Leandro CA 94578

$997,000

Status: Active

Property Details

Description

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.

Map Location

Listing provided courtesy of Phil Roza of eXp Realty of California Inc. Last updated 2026-09-18 08:09:20.000000. Listing information © 2026 CRMLS.

john Doe

Pacific Rim Property Management & Maintenance Solutions

CA DRE# 01426440
CSLB# 958218
Inquire Now
admin Real estate 8:00 AM - 4:00 PM 8:00 AM - 4:00 PM 8:00 AM - 4:00 PM 8:00 AM - 4:00 PM 8:00 AM - 4:00 PM By appointment only By appointment only https://static.royacdn.com/Site-2ae3b58d-18ba-4c3a-bdf5-4b88261f9805/InnerAssets/dummy_imag.jpg realtor https://www.google.com/search?q=pacific+rim+property+management&oq=pacific+rim+property+management&aqs=chrome..69i57j46i175i199l3j0j69i61l3.6806j0j7&sourceid=chrome&ie=UTF-8#lrd=0x54906fdf5e56edbb:0xed4c3c5b9b321f21,3,,, https://www.facebook.com/pacificrimsd/reviews/?ref=page_internal https://static.royacdn.com/Site-2ae3b58d-18ba-4c3a-bdf5-4b88261f9805/InnerAssets/dummy_imag.jpg https://goo.gl/maps/m1qzfsBxhgiMvnry7 01426762 958218