1940 Placer DR, San Leandro, CA 94578

$898,888 Active

3 Beds·2 Baths·1,618 sqft·6,038 sqft lot·Built 1947

1940 Placer DR, San Leandro, CA 94578

Listed 7 days ago · August 24, 2026 | MLS# ML82058819

$555/sqft +12% vs San Leandro avg

What this means: Priced above the San Leandro per-sqft average. Compare to recent sales below for context.

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 the applicable county average 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

Average $903K

This Home $898K

$735K$1.3M

Why This Home Stands Out

📍

San Leandro Location

Active listing in San Leandro, Alameda County. Convenient access to schools, parks, and Bay Area employment centers.

⚡

Just Listed, 7 Days on Market

San Leandro avg is 10 days. Early showings often see the most competition.

🏠

3 Bed / 2 Bath / 1,618 sqft on 6,038 sqft Lot

Spec sheet at a glance. See full details below for interior, exterior, and lot features.

💰

Listed at $898K vs City Average $713K

$555/sqft compared to San Leandro avg $496/sqft (+12.0%).

Best fit forActive BuyersSan Leandro SearchersMove-Up / Move-In

About This Home

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.

Interested in 1940 Placer DR?

Get a personalized analysis with comp data, offer strategy, and neighborhood context.

Property Details

Property Type

Single Family Residence

Year Built

1947

Bedrooms

Bathrooms

2 Full

Living Area

1,618 sqft

Lot Size

6,038 sqft

Garage

N/A

Price/sqft

$555

County

Alameda

MLS Number

ML82058819

Status

Active

Stories

N/A

HOA

None

Interior Features

Gas, WallFurnace

Exterior & Lot

Composition, RolledHotMop, Shingle Roof0.14 Acres

Location

This HomeActive ListingNew (3 days or less)Price ReducedOpen HouseSold

1940 Placer DR, San Leandro, CA 94578 · Alameda County

Market Context

Price Positioning

$ Price context: Listed at $555/sqft vs San Leandro avg $496/sqft (+12.0% above).

$ Sale-to-list: San Leandro homes selling at 106.1% of asking.

⏲ Velocity: City avg 10 days. This home: 7 days.

🏠 Inventory: 3 3-bedroom homes currently available in San Leandro.

Source: MLSListings Inc. Timothy Alston, Broker, DRE# 01328224.

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Market Snapshot

$911,000Avg Sale Price+19.0% vs Last Year

10Avg DOM-71.4 days vs Last Year

8Active Listings-38.5% vs Last Year

106.1%Sale-to-List+5.3% vs Last Year

Full Market Snapshot →

Timothy Alston

Broker · DRE# 01328224

Aegis Luxury Real Estate

(408) 207-4593 [email protected]

For Homeowners

What would your San Leandro home sell for today?

Homes in San Leandro are selling at 106.1% of asking in 10 days.

106.1%Sale-to-List

10Avg Days

Get My Home's Value

Free. No obligation. Takes 30 seconds.

More in San Leandro

14447 Doolittle DR$565,0003bd/2ba/1,060sf

708 Raineer CT$1,120,0003bd/2.5ba/1,946sf

16640 Los Banos ST$997,0005bd/3.5ba/1,425sf

View All Listings →

This 1,618 square foot single-family home at 1940 Placer DR in San Leandro features 3 bedrooms and 2 bathrooms. Listed at $898,888, this CastroValley property reflects the current pricing trends for 3-bedroom homes in the 94578 zip code.

3-Bedroom Homes for Sale in San Leandro 94578

Browse 3-bedroom single-family home listings in the CastroValley area of San Leandro. Properties in 94578 are currently averaging $496 per square foot with 10 days on market.

What to Expect When Buying in CastroValley

The CastroValley market in San Leandro features a mix of single-family home properties ranging from starter homes to luxury estates. Current inventory levels suggest highly competitive conditions for buyers in this area.

Explore San Leandro real estate

Browse San Leandro properties San Leandro school information Home buyer resources Home seller resources San Leandro real estate market report

Recently Sold in San Leandro

Closed within 6 months · 3 bed / similar sqft · San Leandro 94578

317 Santa Paula 317

Sold $320,000

3 bd · 2 ba · 1,720 sqft
$186/sqft · +0.3% above list

Closed Aug 28, 2026 · 5 days on market

MLS ID #ML82053946, Alexander Ho. Listing provided by Intero Real Estate Services · MLSListings Inc.

14044 School ST

Sold $850,000

3 bd · 2 ba · 1,358 sqft
$625/sqft · +0.0% above list

Closed Aug 17, 2026 · 31 days on market

MLS ID #ML82051413, Larry Giang. Listing provided by KW Silicon City · MLSListings Inc.

1252 Margery AVE

Sold $855,000

3 bd · 2 ba · 1,058 sqft
$808/sqft · +7.5% above list

Closed Aug 06, 2026 · 4 days on market

MLS ID #ML82054162, Louis Montalvo. Listing provided by Premier Century Real Estate Services · MLSListings Inc.

Source: MLSListings Inc. Closed sales data.

For Homeowners

Your neighbors are selling. Should you?

In July 2026, 5 homes sold in San Leandro at an average of $911,000. The average sale closed at 106.1% of asking price.

5Sold (July 2026)

$911,000Average Sale Price

106.1%Sale-to-List

What is my home worth?Talk to Timothy

What happens when the right home lists and nobody knows you are looking for it?

In San Leandro, 1 new listings hit the MLS this week. By the time most search sites update, the window has already narrowed.

Get Alerts for San Leandro Homes Like This →

Nearby San Leandro Homes for Sale View All 5 →

New

$565,000

14447 Doolittle DR, San Leandro

3 bed2 bath1,060 sqft

MLS ID #ML82057605, Dave Parks. Listing provided by Gateway Properties · MLSListings Inc.

New

$1,120,000

708 Raineer CT, San Leandro

3 bed2.5 bath1,946 sqft

MLS ID #ML82037493, Sunnie Li. Listing provided by SALA Homes Realty & Development · MLSListings Inc.

New

$997,000

16640 Los Banos ST, San Leandro

5 bed3.5 bath1,425 sqft

MLS ID #ML82055371, Phil Roza. Listing provided by eXp Realty of California Inc · MLSListings Inc.

Similar 3-Bedroom Homes in San Leandro View All 3 →

3 bed · $674K-$1.1M · Active in San Leandro

New This Week

$1,120,000

708 Raineer CT, San Leandro

3 bed2.5 bath1,946 sqft

MLS ID #ML82037493, Sunnie Li. Listing provided by SALA Homes Realty & Development · MLSListings Inc.

New This Week

$949,888

2227 Gadwall CT, San Leandro

3 bed2.5 bath1,321 sqft

MLS ID #ML82053986, Lisa Liu. Listing provided by Compass · MLSListings Inc.

San Leandro Market Overview Full Stats →

$911,000Avg Sale Price+19.0% vs Last Year

10Avg DOM-71.4% vs Last Year

8Active Listings

106.1%Sale-to-List

$496Price/sqft

1.6Months Inventory

5Closed (Last Mo)

4New Listings/Mo

Source: MLSListings Inc. · August 2026

Frequently Asked Questions

Listed at $898,888 ($555/sqft). San Leandro avg is $496/sqft, placing this +12.0% above. Comparable recent sales help frame the value.

Listed 7 days (as of August 24, 2026). San Leandro average is 10 days.

Est. $5,862/mo with 20% down ($179,778) at 6.75%. Includes principal & interest ($4,664), property tax ($936), and insurance ($262). HOA: None. Aegis 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 the applicable county average 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.

There are 8 active listings in San Leandro (3 are 3-bedroom). At $898,888 this is positioned against the city average of $713,397. Similar homes have sold at 106.1% of asking.

3-bedroom homes in San Leandro (94578) are currently averaging $496 per square foot. Market activity shows homes spending an average of 10 days on market in this area.

1940 Placer DR in San Leandro is currently listed at $898,888. This 3-bedroom, 2-bathroom single-family home is located in the CastroValley area.

Property Information © 2026 MLSListings Inc. All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc.

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 Aegis Luxury Real Estate are marked with the Internet Data Exchange icon (a stylized house) and detailed information about them includes the names of the listing brokers and listing agents.

Based on information from the MLSListings MLS as of Aug 31, 2026 3:30 AM PT. 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.

These statistics are generated using information from the MLSListings Inc. multiple listing service, but have not been verified and are not guaranteed. MLSListings Inc. disclaims any responsibility for the accuracy and reliability of these statistics. This information should not be relied upon for real estate transaction decisions.

Data updated every 15 minutes. Visit www.MLSListings.com for more information.

Information provided is for general informational purposes only. Equal Housing Opportunity. If you are currently working with a real estate agent, this is not intended as a solicitation.

Timothy Alston, Broker, DRE# 01328224, Aegis Luxury Real Estate, 10080 N. Wolfe Rd Ste SW3-200, Cupertino CA 95014. (408) 207-4593.

Last updated: Aug 31, 2026 3:30 AM PT | Source: MLSListings Inc.

All content on this page is the property of Aegis Luxury Real Estate (DRE# 01328224). Automated scraping, downloading, or republication is strictly prohibited.

Why This Home Stands Out

About This Home

Property Details

Interior Features

Exterior & Lot

Location

Market Context