2535 Wallace Street
Oakland, CA 94606
- 4 beds
- – baths
- 2,400 sqft
- 5,798 sqft lot
- $520 per sqft
- 1918 build
- – on site
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.
Last checked:
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Last updated Mar 20, 2025
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MLS# 41089731 —
This property is listed in more than one place. See it here.
Upcoming Open Houses
-
Friday, 3/21
11:30am-1pm -
Saturday, 3/22
11:30am-1pm
The Building
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Year Built:1918
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Building Area Units:Square Feet
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Construction Materials:Wood Siding
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Basement:Separate Entry
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Building Area Total:2400
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Building Area Source:Owner
Interior
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Flooring:Engineered Wood
Room Dimensions
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Living Area:2400
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Living Area Units:Square Feet
Location
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Directions:Make a right from 14th Avenue
The Property
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Property Type:Residential Income
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Property Subtype:Triplex
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Exterior Features:Back Yard
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Lot Features:Sloped Down
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Lot Size Area:0.13
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Lot Size Acres:0.13
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Lot Size SqFt:5798
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Lot Size Units:Acres
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Fencing:Fenced
Listing Agent
- Contact info:
- Agent phone:
- (510) 867-4806
Beds
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Bedrooms Total:4
The Listing
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Listing Terms:Price As Is
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Special Listing Conditions:Offer As Is
Heating & Cooling
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Heating:Forced Air
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Heating:true
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Cooling:No Air Conditioning
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Cooling:true
Appliances
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Appliances:Electric Water Heater
The Community
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Association:false
Parking
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Garage:false
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Attached Garage:false
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Carport:false
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Parking Features:Off Street
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 |
|---|---|---|---|---|
|
3/17/25
Mar 17, 2025
|
Listed / Active | BRIDGE | $1,250,000 |
