2535 Wallace Street
2535 Wallace Street
2535 Wallace Street
2535 Wallace Street
2535 Wallace Street
2535 Wallace Street
2535 Wallace Street
2535 Wallace Street
2535 Wallace Street
2535 Wallace Street
2535 Wallace Street
2535 Wallace Street
2535 Wallace Street
2535 Wallace Street
2535 Wallace Street
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2535 Wallace Street
2535 Wallace Street
2535 Wallace Street
2535 Wallace Street
2535 Wallace Street
2535 Wallace Street
2535 Wallace Street
2535 Wallace Street
2535 Wallace Street
2535 Wallace Street
2535 Wallace Street
2535 Wallace Street
2535 Wallace Street
2535 Wallace Street
2535 Wallace Street
For Sale

2535 Wallace Street

2535 Wallace Street, Oakland, CA 94606

$1,250,000
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.

4/5/2025 11:30AM - 1:00PM PDT

2,400 Sq.Ft. LIVING AREA

5,798 Sq.Ft. lot

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Schedule a Showing

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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.
Thank you for your interest in 2535 Wallace Street, Oakland, CA 94606. We are reviewing your request and will be in touch shortly!
Nolan Jones

Nolan Jones

Features & Amenities

Interior

  • Flooring Engineered Wood
  • APPLIANCES Electric Water Heater, Tankless Water Heater

Area & Lot

  • Status For Sale
  • OPEN HOUSE

    4/5/2025 11:30AM - 1:00PM PDT

  • Living Area2,400 Sq.Ft.
  • Lot Area5,798 Sq.Ft.
  • MLS® ID41089731
  • TypeMulti-Family
  • YEAR BUILT1918

Exterior

  • water SourcePublic
  • roofComposition Shingles
  • lot featuresSloped Down
  • parkingOff Street
  • HEAT TYPEForced Air
  • AIR CONDITIONINGCentral Air
  • other exterior FeaturesBack Yard, Yard Space

Financial

  • Sales Price$1,250,000

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Work With Us

The Prescott Company prides itself on being an expert in the market, as well as providing our clients with the necessary timely information, analysis, and strategies to ensure that our clients are able to successfully execute on their individual investment goals.

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