UNDER CONTRACT

Contingent

$1,795,000

Est. $12,333/mo —

•

5,718

sq ft

Grove, Castro Valley, CA 94546

About this home

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

Multi-familyProperty Type

1972Year Built

6,012 sq ftLot Size

$314Price/Sq.Ft.

1 garage spacesParking

Listed by Tony Zizzo •DRE #01962093 • Compass

Listed by Ray Rodriguez •DRE #01999734

Listing updated: Sep 29, 2026 at 07:54am

Redfin checked: 2 minutes ago

•Source:MLSListings #ML82057220

Payment calculator

$12,333 per month

Principal and interest$10,164

Property taxes

$1,870

HOA dues

Home insurance

$299

Utilities

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Affordability tools

Open houses

No upcoming open houses.

Nearby open houses (10)

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Around this home

Schools

K - 12
Preschool & daycare

We couldn't find any schools that service this home or are within 5 miles of this home.

Provided by GreatSchools

About Castro Valley

Hills

Castro Valley Hills, located between Lake Chabot Regional Park and the Castro Valley BART station, is a hillside and residential Castro Valley neighborhood with winding ridge roads and broad East Bay views. The neighborhood’s character concentrates around the Redwood Road and Castro Valley Boulevard corridor, where independent eateries, small markets, and everyday services set a steady, local rhythm. Mid-century ranch homes and contemporary rebuilds share steep lots, decks, and terraced gardens. Trailheads and oak-lined streets shape an outdoors-forward routine. Chabot Cinema anchors movie nights, while The Bistro and Paradiso Restaurant keep the dining scene distinctly local. Commutes and weekend plans often pivot between BART, the park, and the hills’ quieter cul-de-sacs.

Provided by Walk Score and Local Logic

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Dining

Interior features
Updated baths in some units
Updated kitchens in some units
Oven/Range included in all units
Refrigerator included in all units

Bedrooms
Multiple 2-bedroom units (several units are 2-bedroom)

Bathrooms
Some units with 2 full bathrooms; others with 1 full bathroom

Kitchen
Electric oven/range in each unit
Refrigerator included in each unit

Laundry & utility
Washer/dryer provided
Individual gas meters

Flooring
Carpet
Laminate

Heating & cooling
Wall furnace heating
Central forced air cooling
Ceiling fans

Sale and tax history for Grove

Sale History
Tax History

Date

Event

Price

MLSListings #ML82057220

Sep 9, 2026

Contingent

—

Aug 10, 2026

Listed

$1,795,000

$314/sq ft

MLSListings #ML82032662

Aug 31, 2026

Price Changed

$11,900,000

$2,081/sq ft

Jul 22, 2026

Price Changed

$12,480,000

$2,183/sq ft

Jan 27, 2026

Listed

$12,950,000

$2,265/sq ft

+22

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.

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Finished Sq. Ft.

—

Unfinished Sq. Ft.

—

Total Sq. Ft.

—

Year built

—

Style

Multi-Family (2-4 Unit)

County

Alameda County

APN

416-0040-040-02

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 3, 2026.

Single-Family Residence Districts

Single-family residence districts, hereinafter designated as R-1 districts, are established to provide for and protect established neighborhoods of one-family dwellings, and to provide space in suitable locations for additional development of this kind, together with appropriate community facilities and allowance for restricted interim cultivation of the soil compatible with such low-density residential development.

Permitted uses

Include but are not limited to:

Housing-Single unit
Agriculture-Cropland
Agriculture-Grove / orchard

Local insights from Redfin agents

Castro Valley's fall market offers great buyer leverage. While median prices hold steady around $1.2M, increased inventory gives you room to negotiate on homes needing updates. Turnkey properties still move fast in under 15 days, so act quickly with...
5 days ago • Castro Valley
Johnny Singh
Redfin Premier agent
148 deals
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Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

3/10 Fire Factor

0.62% chance of being in a wildfire in next 30 years

3/10 Heat Factor

7 days above 88° expected this year, 14 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

7/10 Air Factor

12 unhealthy days expected this year, 12 days in 30 years

Provided by First Street

Historical weather

Castro Valley, CA • 94546

Average low and high temperatures (°F)

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Redfin Estimate for Grove

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Details provided by MLSListings and may not match the public record. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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