2464 Palmetto Street
Oakland, CA 94602
- 9 beds
- – baths
- 3,186 sqft
- 10,380 sqft lot
- $235 per sqft
- 1940 build
- – on site
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)
Last checked:
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Last updated Mar 7, 2025
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MLS# ML81990544 —
This property is listed in more than one place. See it here, and here.
The Building
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Year Built:1940
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Building Area Units:Square Feet
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Other Equipment:Other
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Building Area Total:3186
Room Dimensions
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Living Area:3186
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Living Area Units:Square Feet
The Property
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Property Type:Residential Income
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Property Subtype:Triplex
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Parcel Number:0280906006
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Zoning:RM-3
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Lot Size Area:0.24
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Lot Size Acres:0.24
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Lot Size SqFt:10380
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Lot Size Units:Acres
Listing Agent
- Contact info:
- Agent phone:
- (650) 405-0743
Beds
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Bedrooms Total:9
Heating & Cooling
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Heating:Forced Air
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Heating:true
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Cooling:Other
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Cooling:true
Schools
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High School District:Oakland (510) 879-8111
The Community
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Association:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
2/21/25
Feb 21, 2025
|
Price Changed | BRIDGE | $750,000 | -16.2% |
|
1/15/25
Jan 15, 2025
|
Listed / Active | BRIDGE | $895,000 |
