1. California
2. Oakland
3. 2535 Wallace Street

2535 Wallace Street, Oakland, CA 94606

• 4 beds
• 2,400 sqft

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.

Listing Status:

Active

Date Added:

March 17, 2025 at 05:00AM

Listing Office:

KELLER WILLIAMS TRI VALLEY REALTY : 925-397-4200

Listing Agent:

Nolan Jones : 510-867-4806

MLS ID:

41089731

Interior

• Appliances: Tankless Water Heater
• Basement: Separate Entry
• Flooring: Engineered Wood
• A/C:
• Heating: Forced Air

Exterior

Construction

Location

Lot

This listing courtesy of Nolan Jones, KELLER WILLIAMS TRI VALLEY REALTY