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Wilson Leung

wilson@theownteam.com +1(650) 280-8888

Listed by Tony Zizzo • Compass, DRE#01962093

$ 1,795,000

Est. payment | -/mo

4 Beds

3 Baths

5,718 SqFt

Save

$ 1,795,000

Est. payment | -/mo

Save

4 Beds

3 Baths

5,718 SqFt

Key Details

Property Type Commercial Multi-Residential (5 units)

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 5,718 sqft

Price per Sqft $313

MLS Listing ID ML82057220

Style Flat

Bedrooms 4

Full Baths 3

Year Built 1972

Lot Size 6,012 Sqft

Property Sub-Type Five or More Units

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 Castro Valley

Zoning R-S-D-20

Rooms

Kitchen Oven Range - Electric

Interior

Heating Wall Furnace

Cooling Ceiling Fan, Central AC

Flooring Carpet, Laminate

Laundry Washer / Dryer

Exterior

Parking Features Assigned Spaces, Attached Garage, Carport , Uncovered Parking

Garage Spaces 1.0

Utilities Available Individual Electric Meters, Individual Gas Meters

Roof Type Flat / Low Pitch,Rolled Composition,Shingle

Building

Foundation Concrete Perimeter, Crawl Space, Raised

Sewer Sewer - Public

Water Private / Mutual

Others

Restrictions None

Tax ID 416-0040-040-02

Security Features Other

Special Listing Condition Not Applicable

Nearby School & Business

+1(650) 280-8888

wilson@theownteam.com

1651 El Camino Real, Millbrae, CA 94030, United States

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2536 Grove WAY Castro Valley, CA 94546