2535 Wallace Street Open House

Oakland,CA 94606

$ 1250000

- Bed

- Bath

2400 SqFt


OPEN HOUSE

Fri Mar 21, 11:30am - 1:00pm  Sat Mar 22, 11:30am - 1:00pm 

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

Year Built 1918

Lot Size 5,798 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

Cooling No Air Conditioning

Flooring Engineered Wood

Building

Lot Description Sloped Down

Water Public

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