2535 Wallace Street, OAKLAND, CA 94606

Local realty services provided by:ERA Excel Realty
#1#2#3
2535 Wallace Street,OAKLAND, CA 94606
$1,250,000
  • - Beds
  • - Baths
  • 2,400 sq. ft.
  • Multi-family
  • Active
Listed by:nolan jones(510) 867-4806
Office:keller williams tri valley realty
MLS#:41089731
Source:CAREIL

Price summary

  • Price:$1,250,000
  • Price per sq. ft.:$520.83

About this home

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.

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Home facts

  • Year built:1918
  • Listing Id #:41089731
  • Added:66 day(s) ago
  • Updated:July 16, 2025 at 04:18 PM

Rooms and interior

  • Living area:2,400 sq. ft.

Heating and cooling

  • Cooling:Central -1 Zone
  • Heating:Central Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:1918
  • Building area:2,400 sq. ft.
  • Lot area:0.13 Acres

Utilities

  • Water:City/Public, Electric Water Heater

Finances and disclosures

  • Price:$1,250,000
  • Price per sq. ft.:$520.83
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