15 photos · MLS data verified October 9, 2026 · Updated every 15 min
$898,888
Active
3 Beds·2 Baths·1,618 sqft·6,038 sqft lot·Built 1947
1940 Placer Dr, San Leandro, CA 94578
Listed 46 days ago · | MLS# ML82058819
$555/sqft
1940 Placer Dr is a single-level, 3-bedroom, 2-bath single family home in San Leandro 94578 with 1,618 square feet of living space, built in 1947. It is listed at $898,888, or $555 per square foot. The most recent 3-bedroom sales in 94578 closed between $850,000 and $855,000 ($626 to $808 per square foot).
Est. $5,862/moP&I $4,664 · Tax $936 · Insurance $262 · HOA $0Assumes 20% down ($179,778) at 6.75% · Contact Timothy for a lender referralAegis Luxury Real Estate is a licensed California real estate brokerage (DRE# 01328224) and is not a mortgage lender, mortgage broker, or loan originator. The figures shown are estimates for general reference only and do not constitute a loan offer, pre-approval, pre-qualification, or commitment to lend. Estimates use a property tax rate of 1.25% of home price annually. Actual rates, payments, taxes, and insurance vary by lender and borrower qualifications. Contact Timothy for a referral to one of our preferred lending partners.
Single Family Price Position in San Leandro
$730K$1.2M
11Active in San Leandro
7Active Single Family Homes
3.7 moInventory
Why This Home Stands Out
🏠
Single Level, 3 Bed / 2 Bath, 1,618 sqft
Everything on one floor. Built in 1947.
Best fit forActive BuyersSan Leandro SearchersMove-Up / Move-In
About 1940 Placer Dr
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.
MLS ID #ML82058819, Pat Kapowich. Listing provided by Kapowich Real Estate · MLSListings Inc.
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Property Details for 1940 Placer Dr
Overview
- Property Type
- Single Family Residence
- Year Built
- 1947
- Stories
- 1
- Bedrooms
- 3
- Bathrooms
- 2 Full
- Living Area
- 1,618 sqft
- Lot Size
- 6,038 sqft (0.14 acres)
- Price/sqft
- $555
- Status
- Active
Interior
- Kitchen
- No formal dining room, No informal dining room
- Appliances
- Oven range gas, Refrigerator
- Heating
- Gas, Wall furnace
- Cooling
- None
- Flooring
- Carpet, Laminate, Tile, Vinyl linoleum
- Family Room
- None
- Interior Features
- Walkin closet
Exterior and Parking
- Guest Parking
- Yes
- Roof
- Composition, Rolled hot mop, Shingle
- Foundation
- Combination, Crawl space
- View
- Bay, City lights
- Zoning
- R1-
Community and HOA
- Utilities
- Natural gas available, Public, Water public
- County
- Alameda
- City
- San Leandro
Schools
- School District
- San Leandro Unified
- San Leandro Schools
- View San Leandro schools
Listing
- MLS Number
- ML82058819
- Listed
- August 24, 2026
- Days on Market
- 46
- Listing Agent
- Pat Kapowich
- Listing Brokerage
- Kapowich Real Estate
- Data Verified
- October 9, 2026
Source: MLSListings Inc. School attendance boundaries are set by the district and can change; verify directly with the district.
Free from Aegis · Updated for October 2026
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Location
1940 Placer Dr, San Leandro, CA 94578 · Alameda County
Market Context
Price Positioning
🏠 Inventory: 5 3-bedroom homes and 7 single family homes currently active in San Leandro.
Source: MLSListings Inc. Timothy Alston, Broker, DRE# 01328224.
Want to know what this home will actually sell for? Get a data-backed offer range based on recent comparable sales.
Get My Offer Range →Frequently Asked Questions
Listed at $898,888 ($555/sqft). The most recent 3-bedroom sales in 94578 closed at $626 to $808 per sqft.
Listed August 24, 2026. That is 46 days on market as of October 9, 2026.
Est. $5,862/mo with 20% down ($179,778) at 6.75%. That is principal and interest $4,664, property tax $936 and insurance $262. The assumptions and lender disclosure are with the payment estimate at the top of this page.
There are 11 active listings in San Leandro: 5 are 3-bedroom and 7 are single family homes.
The most recent 3-bedroom sales in San Leandro 94578 closed at $850,000 and $855,000, or $626 to $808 per sqft.
Yes. As of October 9, 2026, 1940 Placer Dr is an active listing at $898,888. It is a 3-bedroom, 2-bath single family home.
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Buyers
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Listed 46 days ago.
Questions
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Timothy Alston, Broker, DRE# 01328224. Over 23 years in Silicon Valley real estate.
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