2536 Grove Way,Castro Valley, CA 94546
Castro Valley, CA 94546
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
Details
| MLS # | ML82057220 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1972 |
| Days On Site | 23 |
| Listing Provided By | Compass | Tony Zizzo |
Features
| SQ Feet | 5,718 |
|---|---|
| Car Port | Yes |
| Building(s) | 2 |
| Zoning | R-S-D-20 |
| Acreage | 0.14 |
Interior
| Cooling | Central Air |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
Exterior
| Roof | Flat, Shingle |
|---|
Taxes
| Property | 21332 |
|---|
Area Information
| State | CA |
|---|---|
| County | Alameda |
| City | Castro Valley |
| Zip Code | 94546 |
| Area | 699 Not Defined |
| Listing VS Median (in 94546) | |
Price: $1,795,000 low | high Med: $998,950 sqft: 5,718 low | high Med: 1,755 $ / sqft: $314 low | high Med: $574 On site: 23 low | high Med: 28 | |
Market Activity 94546
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Learn More About This Property
| State | CA |
|---|---|
| County | Alameda |
| City | Castro Valley |
| Zip Code | 94546 |
| Area | 699 Not Defined |
| Listing VS Median (in 94546) | |
Price: $1,795,000 low | high Med: $998,950 sqft: 5,718 low | high Med: 1,755 $ / sqft: $314 low | high Med: $574 On site: 23 low | high Med: 28 | |