Property Details
About this Property
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.
MLS Listing Information
MLS #
MR41089731
MLS Source
Bridge MLS
Days on Site
10
Interior Features
Cooling
Air Conditioning - None
Heating
Forced Air
Exterior Features
Roof
Composition
Parking, School, and Other Information
Garage/Parking
Off-Street Parking, Garage: Car(s)
Water
Public
Complex Amenities
Other
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| – | – | 3 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | – | 2 | 0/0 | $2,600 |
| 2 | – | 2 | 0/0 | $2,400 |
School Ratings
Nearby Schools
| Schools | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Bella Vista Elementary School | public | K-5 | 0.36 mi | |
| Roosevelt Middle School | public | 6-8 | 0.41 mi | |
| Edna Brewer Middle School | public | 6-8 | 0.60 mi | |
| Manzanita Seed | public | K-5 | 0.61 mi | |
| Manzanita Community | public | K-5 | 0.61 mi | |
| Oakland High School | public | 9-12 | 0.63 mi | |
| Garfield Elementary School | public | K-5 | 0.63 mi | |
| Cleveland Elementary School | public | K-5 | 0.78 mi | |
| Franklin Elementary School | public | K-5 | 0.80 mi | |
| Neighborhood Centers Adult Education | public | UG | 0.93 mi | N/A |
| Glenview Elementary School | public | K-5 | 1.08 mi | |
| Urban Promise Academy | public | 6-8 | 1.10 mi | |
| Crocker Highlands Elementary School | public | K-5 | 1.12 mi | |
| International Community School | public | K-5 | 1.13 mi | |
| Think College Now School | public | K-5 | 1.13 mi | |
| Fruitvale Elementary School | public | K-5 | 1.13 mi | |
| Life Academy | public | 6-12 | 1.15 mi | |
| United For Success Academy | public | 6-8 | 1.15 mi | |
| La Escuelita Elementary School | public | K-5 | 1.22 mi | |
| Metwest High School | public | 9-12 | 1.28 mi |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
2535 Wallace Street is a Triplex in Oakland, CA 94606. This 2,400 square foot property sits on a 5,798 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,250,000 and was built in 1918. This address can also be written as 2535 Wallace Street, Oakland, CA 94606.
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This listing information is up-to-date as of March 24, 2025. For the most current information, please contact Nolan Jones, (510) 867-4806
