2535 Wallace Street

Oakland, CA 94606

  • 4 Bed(s)
  • 4 Bath(s)
  • 0 Sqft
  • 5798
    Sqft(Lot)
$1,250,000

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 Type

    Residential Income

  • County

    Alameda

  • Style

    Residential Income

  • AD ID

    48997553

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Property Details

  • Bathroom Information

    • Total Baths: 0

    Interior Features

    • Roof : Shingle
    • Property Appliances: Electric Water Heater

    Cooling Features

    • Air Conditioning

    Heating Source

    • Forced Air
    • Has Heating

  • Building Information

    • Year Built: 1918
    • Construction: Wood Siding
    • Roof: Shingle

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1331
    • Lot Size Source: Vendor Enhanced
    • Lot Size Square Feet: 5798

  • Listing Price Information

    • Original List Price: 1,250,000
    • Listing Contract Date: 2025-03-17

    Lease Information

  • Tax Information

    • Parcel Number: 223478

  • Garage and Parking

    • Garage Description: On Street

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Gas

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood:
    • Directions: Make a right from 14th Avenue Cross Street: E-24th Street.
    • Source Property Type: Residential Income
    • Property SubType: Triplex

    Building and Construction

    • Property Age: 107
    • Structure Type: Triplex
    • Year Built Source: Vendor Enhanced
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BuyOwner last updated this listing 03/30/2025 @ 22:15

  • MLS: 41089731
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 4 bedrooms which is for sale, it has 0 sqft, 5,798 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Oakland , in zip code 94606, this Alameda County Home are nearby neighborhoods.