CA > Oakland
Oakland, CA 94606,2535 Wallace Street
Oakland, CA 94606,2535 Wallace Street
Oakland, CA 94606,2535 Wallace Street
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Listed by Nolan Jones • KELLER WILLIAMS TRI VALLEY REALTY
$1,250,000
Est. payment /mo
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2,400 SqFt
Active

2535 Wallace Street Oakland, CA 94606

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Peter Cheung

Peter Cheung

+1(510) 387-3876

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,400 sqft

Price per Sqft $520

MLS Listing ID 41089731

HOA Y/N No

Year Built 1918

Lot Size 5,798 Sqft

Property Sub-Type Triplex

Source Bridge AOR

Property Description

Unlock the full potential of this three-unit property with a separate buildable lot—a rare value-add opportunity for investors and contractors. The existing building features one two-bedroom, two-bathroom unit, one two-bedroom, one-bathroom unit, and a studio, offering a versatile unit mix for strong rental income. The adjacent lot provides a blank canvas for expansion, allowing for the development of an additional structure to maximize returns. The current units are in excellent condition and with the ability to capitalize on the development potential, this property presents endless possibilities. Situated in a prime location, close to transit, retail, and major employment hubs, this is a must-see opportunity for investors looking to create significant value.

Location

State CA

County Alameda

Interior

Heating Forced Air

Cooling Central Air

Flooring Engineered Wood

Fireplace No

Appliance Electric Water Heater, Tankless Water Heater

Building

Lot Description Sloped Down

Water Public

Bay East AOR and Contra Costa AOR
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agent

Peter Cheung

Realtor | CA BRE#: 02070039

+1(510) 387-3876

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