CA
Alameda
CASTRO VALLEY
94546
2536 Grove Way
2536 Grove Way, CASTRO VALLEY, CA 94546
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Listing Type
Multi Family
Listing Status
Active
25
$1,795,000

Home Details for 2536 Grove Way

Price
$1,795,000
Type
Residential Income
Square feet
5718
Year built
1972
County
Alameda
Garage
1
Basement
Crawl Space
MLS Listing#
ML82057220
Listed By: Compass - 415-345-3000
Listed By: Tony Zizzo
Property 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

Property Features
  • Parking
    • Attached
    • Carport
    • Assigned
  • Cooling Information
    • Ceiling Fan(s)
    • Central Air
  • Heating Information
    • Wall Furnace
  • Water Features
    • Private
  • Garage
    • 1
  • Basement
    • Crawl Space
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Based on information from the MLSListings MLS. 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. Copyright 2026 MLSListings Inc. All rights reserved.

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Last Updated: 2026-08-19 01:30:10
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EXIT REALTY CONSULTANTS
1361 S. Winchester Blvd. Suite 103, San Jose, CA 95128
CA DRE# 01520140. Kris Klair Broker.
Office
408 550 1487
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