Christopher Danesi at RE/MAX Accord - 925.998.7426
MLS: 41107444 $3,175,000
Bedrooms with Baths1537 8TH AVE
OAKLAND CA 94606MLS: 41107444
Status: ACTIVE
List Price: $3,175,000
Price per SQFT: $243
Square Footage: 13046Bedrooms
Baths
Year Built: 1961
Zip Code: 94606
Listing Remarks
The Shivu Srinivasan Team has been retained as the exclusive listing broker for 1523–1537 8th Ave, 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. For more information reach out to listing broker.
Address: 1537 8TH AVE OAKLAND CA 94606
Listing Agent: MAIRAJ DIN of TRANSWESTERN PROPERTY CO.
Condo Mania Agent
Chris Danesi
RE/MAX Accord
DRE #01777489
Phone: 925.998.7426
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Listing Details
STATUS: Active SPECIAL LISTING CONDITIONS: Standard LISTING CONTRACT DATE: 2025-08-07 LIVING AREA SQ FT: 13046 BUILDING AREA TOTAL: 13046 YEAR BUILT: 1961 CONSTRUCTION: Stucco EXTERIOR FEATURES: Garden FLOORING: Hardwood, Partial Carpeting, Vinyl, Carpet HEATING: Wall Furnace COOLING: None LOT FEATURES: Level PARKING FEATURES: Parking Lot PROPERTY TYPE: COMM RI MULTI-UNITS 5+ PROPERTY SUB TYPE: Lowrise (1-3 Flrs) LISTING AGENT: MAIRAJ DIN LISTING OFFICE: TRANSWESTERN PROPERTY CO.
Estimated Monthly Payments
List Price: $3,175,000 20% Down Payment: $635,000 Loan Amount: $2,540,000 Loan Type: 30 Year Fixed Interest Rate: 6.5 % Monthly Payment: $16,055 Estimate does not include taxes, fees, insurance.
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Property Location: 1537 8TH AVE OAKLAND CA 94606
This Listing
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Condo Mania Agent
Chris Danesi
RE/MAX Accord
DRE #01777489
Phone: 925.998.7426
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Last Updated: 2025-08-07