1537 8th Ave Oakland, CA 94606
Clinton NeighborhoodEstimated payment $20,474/month
Highlights
- 15,000 Sq Ft lot
- No HOA
- Wall Furnace
- Wood Flooring
About This Home
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.
Property Details
Home Type
- Condominium
Year Built
- Built in 1961
Parking
- Parking Lot
Home Design
- Shingle Roof
- Stucco
Flooring
- Wood
- Partially Carpeted
- Vinyl
Utilities
- No Cooling
- Wall Furnace
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 201756
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/07/2025 08/07/25 | For Sale | $3,175,000 | -- | $243 / Sq Ft |
Source: Bay East Association of REALTORS®
MLS Number: 41107444
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