2464 Palmetto Street
Oakland, CA 94602
3186 sqft | 0.24 acres | #ML81990544
Description
2462-2464 Palmetto St is an exceptional investment opportunity in the Dimond District in Oakland. This vibrant, triplex is located in the North East part of Oakland, offering a great location for both investors and tenants alike. This property features a versatile unit mix of one 4-bedroom, one-bath, one 3-bedroom, one-bath, and two 2-bedroom, one and a half-bath units. With approximately 3,186 square feet of living space (buyer to verify) on a 0.24-acre lot, the complex provides an attractive blend of spacious units and some extra space to develop, offering substantial rental income potential for investors. The 2-bedroom, one-bath unit has forced heating, while the other two units have multiple wall furnaces. What truly sets this property apart is its location and potential to add additional dwelling units (ADU). Its proximity to Downtown Oakland makes it an ideal housing option for locals and people who commute to San Francisco, ensuring consistent high demand and low vacancy rates. The 4-bedroom 1-bath and the 2-bedroom 1-bath units are located in the front building and the other 3-bedroom 1-bath unit is located in a separate cottage in the back of the property. With enough space to build an additional unit.
Property Details
- Property TypeMulti-Family
- Sewer InformationPrivateSewer
- FoundationBrickMortar
- MLS #ML81990544
- MLS #ML81990544
- Original List Price$895,000
- CountyAlameda
- Taxes Annual$11,280
- Property SubtypeTriplex
- Acres0.2383
- Cost895000
- School DistrictOther
- Square Feet3186
- Year Built1940
- Stories2
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Ray Rodriguez (#ML5085267)
Listing Office: Compass (#ML5012166)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
