2535 Wallace Street new

Oakland,CA 94606

$ 1250000

- Bed

0 Bath

- SqFt


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

View More
Favorite Go Tour