List Price: $1.79M

Listing Status: ActiveUnderContract

Close Date: 2026-10-19

Days on Market: 28

0 Bedrooms · 0 Bathrooms

Property Type: CommercialSale

Year Built: 1972

Lot Size: 6,012 sq ft

Annual Property Tax: $21,332

MLS Number: ML82057220

About This Property

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

Listing provided by: Tony Zizzo DRE #01962093 (415) 345-3000 tony.zizzo@compass.com, Compass

Source: CRMLS, MLS #: ML82057220

The listing office is Compass. Belmont Brokerage Inc. (DRE #02431308) provides buyer representation and consultation. Tour and contact requests go to a Belmont agent.