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1537 8th Ave
For Sale $3,175,000
$3,175,000
- 20 Units
- Unknown Sq Ft
- 15,000 Sq Ft
- Unknown Cap Rate
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.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $3,175,000 |
| Property Type | Multi-Family |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 10 spots |
| Year Built | 1961 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 201756 |
| MLS # | 41107444 |
| Property ID | 322058106 |
| Lot Sqft | 15,000 |
| Zoning | Unknown |
| Total Units | 20 |
| Days on Market | 120 |
| Original List Price | $3,175,000 |
| Date Updated | August 14, 2025 |
| Date Created | August 07, 2025 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Mairaj Din an agent of . Lic #02197939
© 2025 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of August 14, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT