Christopher Danesi at RE/MAX Accord - 925.998.7426

MLS: 41107444     $3,175,000     Beds / Baths

MLS #:41107444
Status:ACTIVE
List Price:$3,175,000
Price SQFT:$243
City: OAKLAND
Beds:
Baths:
SqFt:13046
Year:1961
Zip: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.

Listing Photos


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Information Deemed Reliable But Not Guaranteed. The information being provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information, including square footage, while not guaranteed, has been acquired from sources believed to be reliable.

Last Updated: 2025-08-08