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2275 Grove Way , Castro Valley, CA 94546
$11,900,000
Est. Payment: $65,311.65/mo
35164 Sqft
1.56 Acres
Status: Active | Days on site: 216
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ML88226 - ML478732,ML482270
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Chris Heller
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House Description

Terra Castro Valley is a 37-unit apartment community in the desirable city of Castro Valley, California, situated on a 1.56-acre parcel and originally constructed in 1964 with approximately 35,164 square feet of building area. The property offers well-designed two-bedroom townhouse and one-bedroom floor plans and has undergone extensive capital improvements, with select units featuring updated kitchens, granite countertops, stainless steel appliances, hardwood-style flooring, and renovated bathrooms. Centrally located in the East Bay between Oakland, San Francisco, and San Jose, the property offers a commuter-friendly location with easy access to the San MateoHayward and Dumbarton Bridges, connecting residents to major tech employers in Santa Clara County. Known for strong schools, short commute times, and abundant shopping, dining, and entertainment, Castro Valley remains a highly sought-after market supported by strong employment fundamentals and low vacancy levels, making Terra Castro Valley an attractive investment opportunity.
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Highlights

Listed by Adam S. Levin , 650-492-0934 and Robert Johnston , 510-304-8077 Marcus & Millichap , (650) 391-1700. CRMLS/Multi-Regional MLS mls logo

Property Type

Commercial Sale
Lot/Acreage
1.56

Year Built

1964

County

Alameda

Area

699 - Not Defined

 School District

Other

Listing ID

ML82032662

Questions about this listing?

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Interior Features

Water:Public

Exterior Features

Lot:No Land Lease
Garage Capacity:74
Zoning:0
Roof:Composition
Principal Interest
$65,312
Taxes
$13,983

Home Price

$11,900,000

Loan Details

30 yrs
7.307%

Down Payment

20%
$2,380,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$65,311.65

Principal

Taxes

Principal Taxes HOA Total
Monthly $65,311.65 $13,983.33 $0.00 $79,294.98
Yearly $783,739.75 $167,800.00 $0.00 $951,539.75
Total $23,512,192.56 $5,034,000.00 $0.00 $28,546,192.56

Today's Rates

30 Year

7.31%

20 Year

7.2%

15 Year

6.65%

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Current Listings

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Average Days on Market

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Market insight data is pulled from the same city as the listing being viewed (Castro Valley, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-10-03T13:07:47.000Z

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