About 2536 Grove Way
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
Features of 2536 Grove Way
| MLS® # | ML82057220 |
|---|---|
| Price | $1,795,000 |
| Square Footage | 5,718 |
| Acres | 0.14 |
| Year Built | 1972 |
| Type | Multi-Residential |
| Sub-Type | Five or More Units |
| Status | Contingent |
Community Information
| Address | 2536 Grove Way |
|---|---|
| Area | Castro Valley |
| City | CASTRO VALLEY |
| County | Alameda |
| State | CA |
| Zip Code | 94546 |
Amenities
| Utilities | Individual Electric Meters, Individual Gas Meters |
|---|---|
| Parking Spaces | 6 |
| Garages | Assigned Spaces, Attached Garage, Carport , Uncovered Parking |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Wall Furnace |
|---|---|
| Cooling | Ceiling Fan, Central AC |
| Fireplace | No |
Exterior
| Roof | Flat / Low Pitch, Rolled Composition, Shingle |
|---|---|
| Construction | Wood Frame |
| Foundation | Concrete Perimeter, Crawl Space, Raised |
Additional Information
| Zoning | R-S-D-20 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Tony Zizzo |
|---|---|
| Office | Compass |
| Contact Info | 650-770-8356 |