CA > Oakland
Oakland, CA 94606,1537 8th Ave
Oakland, CA 94606,1537 8th Ave
Oakland, CA 94606,1537 8th Ave
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$3,175,000
Est. payment /mo
0.34 Acres Lot
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

MLS Listing ID 41107444

HOA Y/N No

Year Built 1961

Lot Size 0.344 Acres

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.

Location

State CA

County Alameda

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Exterior

Total Parking Spaces 10

Building

Lot Description Street Level

Others

Tax ID 201756

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CRMLS – RECore
Listed by Mairaj Din Transwestern Property Co.

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