2536 Grove Way , Castro Valley, CA 94546
$1,795,000
Est. Payment: $9,851.63/mo
5718 Sqft
0.14 Acres
Status: Active Under Contract | Days on site: 28
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ML5012166 - ML5085268,ML5085267
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House 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

Highlights

Listed by Tony Zizzo , 650-770-8356 and Ray Rodriguez , 650-405-0743 Compass , (415) 345-3000. CRMLS/Multi-Regional MLS mls logo

Property Type

Commercial Sale

Lot/Acreage
0.14

Year Built

1972

County

Alameda

Area

699 - Not Defined

School District

Other

Listing ID

ML82057220

Questions about this listing?

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Interior Features

Air Cond:Central Air
Fireplaces:

Exterior Features

Lot:No Land Lease
Garage Capacity:6
Zoning:R-S-D-20
Roof:Flat,Shingle
Principal Interest
$9,852
Taxes
$1,778

Home Price

$1,795,000

Loan Details

30 yrs
7.307%

Down Payment

20%
$359,000
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:
$9,851.63

Principal

Taxes

Principal Taxes HOA Total
Monthly $9,851.63 $1,777.67 $0.00 $11,629.30
Yearly $118,219.57 $21,332.00 $0.00 $139,551.57
Total $3,546,587.03 $639,960.00 $0.00 $4,186,547.03

Today's Rates

30 Year

7.31%

20 Year

7.2%

15 Year

6.65%

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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: 2026-10-03T11:10:31.000Z

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