2462-2464 Palmetto St is an exceptional investment opportunity in the Dimond District in Oakland. This vibrant, triplex is located in the North East part of Oakland, offering a great location for both investors and tenants alike. This property features a versatile unit mix of (1) 4-bedroom, one-bath, (1) 3-bedroom, one-bath, and (1) 2-bedroom, one and a half-bath units. With approximately 3,186 square feet of living space (buyer to verify) on a 0.24-acre lot, the complex provides an attractive blend of spacious units and some extra space to develop, offering substantial rental income potential for investors. The 2-bedroom, one-bath unit has forced heating, while the other two units have multiple wall furnaces. What truly sets this property apart is its location and potential to add additional dwelling units (ADU). Its proximity to Downtown Oakland makes it an ideal housing option for locals and people who commute to San Francisco, ensuring consistent high demand and low vacancy rates. The 4-bedroom 1-bath and the 2-bedroom 1.5-bath units are located in the front building and the other 3-bedroom 1-bath unit is located in a separate cottage in the back of the property. With enough space to build an additional unit. (buyer to conduct their own due diligence)
MLS #
ML81990544
MLS Source
MLSListings, Inc.
Days on Site
66
Cooling
Other
Heating
Central Forced Air - Gas, Wall Furnace
Roof
Flat, Shingle
Foundation
Crawl Space, Brick, Masonry Perimeter
Style
Other
Garage/Parking
Assigned Spaces, On Street, Garage: 0 Car(s)
Elementary District
Oakland Unified
High School District
Oakland Unified
Sewer
Private Sewer
Zoning
RM-3, S-13
Listing Agent
Ray Rodriguez
Compass
License #: 01999734
Phone: (650) 405-0743
Co-Listing Agent
Tony Zizzo
Compass
License #: 01962093
Phone: (650) 770-8356
# Buildings | # Leased Units | # Total Units |
---|---|---|
2 | 3 | 3 |
Unit # | Sq Ft | Beds | Baths | Rent |
---|---|---|---|---|
1 | – | 4 | 1/0 | $2,575 |
2 | – | 2 | 1/1 | $1,492 |
3 | – | 3 | 1/0 | $902 |
Schools | Type | Grades | Distance | Rating |
---|---|---|---|---|
Fruitvale Elementary School | public | K-5 | 0.19 mi | |
Sequoia Elementary School | public | K-5 | 0.25 mi | |
Bret Harte Middle School | public | 6,7,8,9 | 0.37 mi | |
Glenview Elementary School | public | K-5 | 0.58 mi | |
Manzanita Community | public | K-5 | 0.76 mi | |
Manzanita Seed | public | K-5 | 0.76 mi | |
Allendale Elementary School | public | K-5 | 0.90 mi | |
Edna Brewer Middle School | public | 6-8 | 0.91 mi | |
United For Success Academy | public | 6-8 | 0.98 mi | |
Life Academy | public | 6-12 | 0.98 mi | |
Laurel Elementary School | public | K-5 | 1.01 mi | |
Crocker Highlands Elementary School | public | K-5 | 1.12 mi | |
Global Family School | public | K-5 | 1.29 mi | |
Bella Vista Elementary School | public | K-5 | 1.30 mi | |
Urban Promise Academy | public | 6-8 | 1.32 mi | |
Oakland High School | public | 9-12 | 1.33 mi | |
Roosevelt Middle School | public | 6-8 | 1.43 mi | |
Garfield Elementary School | public | K-5 | 1.47 mi | |
Redwood Heights Elementary School | public | K-5 | 1.49 mi | |
Joaquin Miller Elementary School | public | K-5 | 1.52 mi |
2464 Palmetto St is a Triplex in Oakland, CA 94602. This 3,186 square foot property sits on a 10,380 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $750,000 and was built in 1940.
This address can also be written as 2464 Palmetto St, Oakland, CA 94602.©2025 MLSListings Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.
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This listing information is up-to-date as of March 07, 2025. For the most current information, please contact Ray Rodriguez, (650) 405-0743