2464 Palmetto Street, Oakland, CA 94602 - Berkshire Hathaway HomeServices California Properties
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2464 Palmetto Street, Oakland, CA 94602

$750,000 Approx. USD 0 beds, 0 baths
3,186 sqft

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Listing Agent


Ray Rodriguez | ray.rodriguez@compass.com
Lic#: 01999734
Broker: Courtesy of Compass

Co Listing Agent


Tony Zizzo | tony.zizzo@compass.com
Lic#: 01962093
Broker: Courtesy of Compass

Agent Remarks

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)

Listing Details

Property type: Triplex (Multi-Family)
Status: Active
MLS# ML81990544
List price is $750,000 Reduced by $145,000 on 2/22/2025
Price: $750,000
Beds: 0
Baths: 0
Built in 1940
3,186 sqft
0.24 acres
Lot size: 0.2383
County: Alameda
Zoning: RM-3, S-13
Heating description: Wall Furnace
MLS area: 699 - Not Defined

Last Updated: 4/20/2025

 Days On Market (DOM): 103

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This listing belongs to the 699 - Not Defined MLS area

Lat/Long: 37.799041, -122.213539.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Jimmy Harmantzis REALTOR® - Broker Associate 949-212-2023 m
949-212-2023 o
Lic#: 01234982
NRDS ID: 641526390
JimmyHarmantzis@bhhscal.com
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