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Five-Unit Multifamily Property
New
For Sale
$1,795,000

2536 Grove, Castro Valley, CA 94546

Detached apartment and single-family structures provide a varied residential configuration with dedicated outdoor and parking features.

Property SizeContact for details
Days on Market5

Property Features for 2536 Grove

General Information

Standard status Active
Total Parking Spaces 5
Property subtype Multi-Family

Site & Location

Highway Access Yes
Road Access Yes
Public Transit Yes
Utilities to Site Yes

Additional Details

Gross Income $161,076
Multifamily Units 5

Amenities

in-unit washer/dryer
private yard or deck
forced-air heat

Building Details

Year Built 1972
Buildings 2
Listing Agency:
Listed By: Compass
Source: Xome
Added: Aug 9 Changed: Aug 13 Last Checked: Aug 13 at 6:26AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass

Investment Insights

Based on property information with market context.

Built in 1972, this five-unit multifamily property combines a single-family residence along Grove Way with a separate two-story building containing four apartments. The apartments include in-unit washers and dryers, private yards or decks, and assigned carports. Some kitchens and bathrooms have been updated. The house offers an attached garage and forced-air heat, while the two structures have upgraded 100-amp electrical panels. Roofs are reported at approximately 10–15 years old.

The property is in unincorporated Alameda County, just off Castro Valley Boulevard. Lake Chabot, Don Castro Regional Recreation Area, Castro Valley BART, and I-580 are identified as nearby destinations or transportation connections. The property information also states that it is free from local rent ordinances.

Key Highlights

  • Five‑unit configuration with one single‑family home and a detached two‑story four‑unit apartment building
  • Each apartment includes an in‑unit washer/dryer, private yard or deck, and assigned carport
  • Single‑family residence has an attached garage and forced‑air heat

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Furniture & Home Goods Garden Center Auto Parts Store (Bike/Boat/Book/etc) Store Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

857
Businesses Nearby

Demographics for 94546, CA

46,687
Population
16,398
Households
2.8
Avg Household Size
40
Median Age
41%
College-Educated
90%
High-School Grad
16.0 sq mi
ZIP Area
2,918
Density / Sq Mi
$125,780
Median Household Income
$66,737
Median Earnings
$2,506
Median Rent
$976,300
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Detached apartment and single-family structures provide a varied residential configuration with dedicated outdoor and parking features.
Where is this apartment building located?
The property is located at 2536 Grove Castro Valley, CA.
What is the asking price?
The asking price for this property is $1,795,000.
What are key features of this property?
This property features: Five‑unit configuration with one single‑family home and a detached two‑story four‑unit apartment building; Each apartment includes an in‑unit washer/dryer, private yard or deck, and assigned carport; Single‑family residence has an attached garage and forced‑air heat
More about this property
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