10
See all 10 photos
$1,250,000
Est. payment /mo
Open Fri 11:30AM-1PM
2535 Wallace Street Oakland, CA 94606
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OPEN HOUSE
Fri Mar 21, 11:30am - 1:00pm
Sat Mar 22, 11:30am - 1:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 41089731
HOA Y/N No
Year Built 1918
Lot Size 5,797 Sqft
Property Sub-Type Triplex
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
Fireplace No
Appliance Electric Water Heater
Exterior
Parking Features On Street
Roof Type Shingle
Total Parking Spaces 2
Building
Lot Description Back Yard, Sloped Down
Others
Tax ID 223478
Listed by Nolan Jones • KELLER WILLIAMS TRI VALLEY REALTY