2535 Wallace Street
Oakland, CA 94606
- – beds
- – baths
- – sqft
- 5,798 sqft lot
- 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 29, 2025
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MLS# 41089731 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1918
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Construction Materials:Wood Siding
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Total Number Of Units:3
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Roof:Shingle
Interior
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Laundry:1
Location
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Directions:Make a right from 14th Avenue Cross Street: E-24th Street.
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Latitude:37.79557100
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Longitude:-122.23446400
The Property
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Property Type:Residential Income
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Subtype:Triplex
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Lot Features:Sloped Down, Back Yard
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Lot Size Area:5798.0000
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Lot Size Acres:0.1331
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Lot Size SqFt:5798.00
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Parcel Number:223478
Heating & Cooling
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Heating:1
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Heating:Forced Air
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Cooling:Yes
Appliances
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Appliances:Electric Water Heater
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Included:Yes
Parking
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Parking:Yes
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Parking:Street
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Parking Spaces:2.00
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).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/17/25
Mar 17, 2025
|
Listed / Active | CRMLS_CA | $1,250,000 |