1. California
  2. Oakland
  3. 1537 8th Ave
$3,175,000

1537 8th Ave, Oakland, CA 94606

  • 13,046 sqft
  • Property Icon Condominium
  • Property Year Built Icon Built in 1961
  • Property Lot Size Icon0.34acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $243/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

A rare opportunity to acquire a well-located, extensively renovated 20-unit multifamily asset in Oakland’s Clinton neighborhood. The property features a desirable unit mix of (18) 2bd/1ba and (2) 1bd/1ba units, with 17 units already renovated to a modern standard. With several recent upgrades and minimal deferred maintenance, this asset boasts strong in-place cash flow with additional upside as remaining units are turned. Over the past several years, the property has undergone significant capital improvements, including updated interiors, new finishes, upgraded building systems, and improved curb appeal. The renovated units feature contemporary kitchens, updated bathrooms, modern flooring, and dual-pane windows. Common areas and exterior surfaces have also been well maintained, making this a turnkey investment in a neighborhood seeing continued demand and growth. The property is currently in pre-foreclosure and is being offered subject to short sale approval by the lender. All offers must be contingent upon bank approval.

Listing Status:
Active
Date Added:
August 7, 2025 at 05:00AM
Listing Office:
Transwestern Property Co. : 415-489-1839
Listing Agent:
Mairaj Din : 510-393-8785
MLS ID:
41107444
  • Basement: None
  • Flooring: CarpetHardwoodPartial CarpetingVinyl
  • A/C: None
  • Heating: Wall Furnace
  • General: Garden
  • Parking: Parking Lot
  • General: Stucco
  • County: Alameda
  • Zoning: 201756

This listing courtesy of Mairaj Din, Transwestern Property Co.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

F

Franklin Elementary School

915 Foothill Blvd, Oakland, CA, 94606

Grades KG-5

0.10 miles away

L

La Escuelita School

1100 3rd Ave, Oakland, CA, 94606

Grades KG-8

0.46 miles away

M

Metwest High School

314 E 10th St, Oakland, CA, 94606

Grades 9-12

0.42 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.