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15540 Hesperian Blvd, 
San Lorenzo, CA 94580

$2,100,000

—

Bed

—

Bath

1,564

Sq Ft

Multi-Family

Active

Listed by

Darron Tang

Golden West Real Estate

Last updated:

March 14, 2026, 04:33 PM

MLS#

41125984

Source:

CAREIL

About This Home

15540 Hesperian Blvd

Prime commercial investment opportunity featuring two adjoining parcels zoned District Commercial in a high-visibility location next to a shopping strip and directly across from Walmart. The first parcel (15540 & 15542) includes a 3/2 baths single-family home in front and a rear structure with two 1/1 baths units. The second parcel (15548) features offices/rooms, 2 baths office/retail building, currently used as a kitchen and bathroom showroom with storage. Excellent income potential with strong redevelopment upside. District Commercial zoning allows a wide range of uses including retail, office, coffee shop, art studio, medical services, personal services, daycare, and more. Potential to develop up to a 5-story (approx. 75 ft) building with Conditional Use Permit. Value primarily in the land. Opportunity for investors with huge options for development. Interested party to verify development possibilities with Alameda County Planning Department.

Home Facts

Multi-Family

Built in 1910

Price Summary

2,100,000

$1,342 per Sq. Ft.

MLS #:

41125984

Last Updated:

March 14, 2026, 04:33 PM

Added:

11 day(s) ago

Rooms & Interior

Interior

Living Area:

1,564 Sq. Ft.

Structure

Structure

Building Area:

1,564 Sq. Ft.

Year Built:

1910

Lot

Lot Size (Sq. Ft):

5,625

Finances & Disclosures

Finances

Price:

$2,100,000

Price per Sq. Ft:

$1,342 per Sq. Ft.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.