$1,250,000
For Sale

2535 Wallace Street

Oakland, CA 94606
Listing OfficeKELLER WILLIAMS TRI VALLEY REALTY
Browse 15 photos
Type:Multi-Family
Structure:3 Family
Zone:Residential

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.

  • Property Details
      • Lot DescriptionBackYard, SlopedDown
      • Property TypeMulti-Family
      • Original List Price$1,250,000
      • MLS #41089731
      • MLS #41089731
      • CountyAlameda
      • Cost1250000
      • Property SubtypeTriplex
      • Acres0.1331
      • Year Built1918

Location

King Realty GroupReal Estate Group
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6.0%

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2.6%
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