16640 Los Banos Street

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.

Days on Market

55 days

Current Status

Active

Original Price

$1,050,000

List Price

$978,888

On Market Date

Jul 24, 2026

Property Type

Single Family Home

Area

3400 - Hayward

Zip Code

94578

MLS ID

ML82055371

APN

080-0080-018-02

Year Built

1947

Stories in Building

2

Possession

COE

Data Source

MLSL

Origin MLS System

MLSListings, Inc.

Bed

5

Bath

4 (3/1)

Full on Ground Floor, Shower over Tub - 1

Parking

3

Off-Street Parking, Tandem Parking

SQ FT

1,425

SQ FT Source

Unavailable

Lot SQ FT

7,500.0

Lot Acres

0.172176 Acres

Kitchen

Countertop - Quartz, Dishwasher, Garbage Disposal, Hood Over Range, Ice Maker, Microwave, Oven Range - Gas, Refrigerator

Cooling

Ceiling Fan, Multi-Zone, Window / Wall Unit

Dining Room

Dining Area, Eat in Kitchen

Disclosures

Natural Hazard Disclosure

Family Room

Separate Family Room

Flooring

Laminate

Foundation

Concrete Perimeter

Heating

Gas

Laundry

Washer / Dryer

Views

Neighborhood, Other

Possession

COE

Architectural Style

Tract

Fee

Unavailable

MLS and other Information regarding properties for sale as shown in Theo have been obtained from various sources such as sellers, public records, agents and other third parties. This information may relate to the condition of the property, permitted or unpermitted uses, zoning, square footage, lot size/acreage or other matters affecting value or desirability. Unless otherwise indicated in writing, neither brokers, agents nor Theo have verified, or will verify, such information. If any such information is important to buyer in determining whether to buy, the price to pay or intended use of the property, buyer is urged to conduct their own investigation with qualified professionals, satisfy themselves with respect to that information, and to rely solely on the results of that investigation.

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