2535 Wallace Street, Oakland, CA 94606 - Berkshire Hathaway HomeServices California Properties

Photo of Jesse Hlubik

Jesse Hlubik REALTOR® - Sales Associate 310-890-6928 m
310-890-6928 o
Lic#: 01801928
NRDS ID: 207054480
Jesse@HomeSearchLA.com Sherman Oaks Office
14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
Phone: 818-528-3200
Fax: 818-386-9007

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Agent Remarks

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 Details

Property type: Triplex (Multi-Family)

Status: Active

MLS# 41089731

List price is $1,250,000

HOA Fee is $0.00

Beds: 0

Baths: 0

Built in 1918

0.13 acres

Lot size: 0.1331

County: Alameda

Construction: Wood Siding

Appliances: Electric Water Heater

Parking description: On Street

Lot description: Back Yard,Sloped Down

Heating description: Forced Air

Last Updated: 3/29/2025

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Lat/Long: 37.795571, -122.234464.
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Listing Agent: Nolan Jones
Lic#: 01801928
Office Name: Sherman Oaks

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