14
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$750,000
Est. payment /mo
3,186 SqFt
Price Dropped by $145K
2464 Palmetto ST Oakland, CA 94602
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UPDATED:
03/07/2025 01:54 PM
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,186 sqft
Price per Sqft $235
MLS Listing ID ML81990544
HOA Y/N No
Year Built 1940
Annual Tax Amount $9,452
Lot Size 10,380 Sqft
Property Sub-Type Triplex
Property 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 (1) 4-bedroom, one-bath, (1) 3-bedroom, one-bath, and (1) 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 1.5-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. (buyer to conduct their own due diligence)
Location
State CA
County Alameda
Area 699 - Not Defined
Zoning RM-3, S-13
Interior
Heating Wall Furnace
Fireplace No
Exterior
View Y/N No
Roof Type Flat,Shingle
Accessibility Other
Total Parking Spaces 3
Building
Story 2
Foundation Brick/Mortar
Sewer Private Sewer
Schools
School District Other
Others
Tax ID 0280906006
Special Listing Condition Standard
Listed by Ray Rodriguez • Compass
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