Bought with Un Represented • Un-Represented Buyer
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Key Details
Sold Price $1,636,000
Property Type Commercial
Sub Type Five or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 5,718 sqft
Price per Sqft $286
MLS Listing ID ML82057220
Sold Date 10/21/26
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
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