2535 Wallace Street, Oakland, CA 94606 - Berkshire Hathaway HomeServices California Properties

2535 Wallace Street, Oakland, CA 94606

$1,250,000 Approx. USD 0 beds, 0 baths

Listing Agent


Nolan Jones | nolan@theprescottcompany.com
Lic#: 01509417
Broker: Courtesy of KELLER WILLIAMS TRI VALLEY REALTY

Agent Remarks

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.

Listing Details

Property type: Triplex (Multi-Family)
Status: Active
MLS# 41089731
Price: $1,250,000
HOA Fee is $0.00
Beds: 0
Baths: 0
Built in 1918
0.13 acres
Lot size: 0.1331
County: Alameda
Construction: Wood Siding
Appliances: Electric Water Heater
Parking description: On Street
Lot description: Back Yard,Sloped Down
Heating description: Forced Air

Last Updated: 3/29/2025

 Days On Market (DOM): 102

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Lat/Long: 37.795571, -122.234464.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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