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