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In-PersonVirtual Tour

$ 1,795,000
Est. payment | /mo
6,011 Sqft Lot
$ 1,795,000
Est. payment | /mo
6,011 Sqft Lot
Open House
Tue Aug 18, 11:30am - 1:00pm
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82057220
HOA Y/N No
Year Built 1972
Annual Tax Amount $21,332
Lot Size 6,011 Sqft
Property Description
Free from local rent ordinances! 2536 Grove Way is a five-unit multifamily offering in unincorporated Alameda County: a single-family home fronting Grove Way plus a detached two-story four-unit apartment building behind it, giving investors a diversified, low-maintenance unit mix without the operational complexity of a larger asset. Unit interiors show real pride of ownership. Each apartment includes its own in-unit washer/dryer, a private yard or deck, and an assigned carport, with some kitchens and bathrooms already updated for modern living and lower near-term turnover costs. The single-family home at 2534 Grove Way adds its own attached garage, forced-air heat, and a distinct floor plan that broadens tenant appeal. Main electrical service at both structures has been upgraded to 100-amp panels, and roofs are reported at roughly 10-15 years old key capital items already addressed. Combined, the five units produce $13,423/month, or $161,076 annualized, in gross rent. Location is a strength: just off Castro Valley Boulevard, with easy access to Lake Chabot, Don Castro Regional Recreation Area, Castro Valley BART, and I-580. DO NOT DISTURB TENANTS
Location
State CA
County Alameda
Area 699 - Not Defined
Zoning R-S-D-20
Interior
Heating Wall Furnace
Cooling Central Air
Fireplace No
Exterior
Carport Spaces 4
Roof Type Flat,Shingle
Total Parking Spaces 6
Schools
School District Other
Others
Tax ID 416004004002
Special Listing Condition Standard

Listed by Tony Zizzo Compass #01962093
Nearby Locations

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