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.
MLS #
BE41107444
MLS Source
Bay East
Days on Site
13
Flooring
Carpet - Partial, Carpet - Wall to Wall, Hardwood, Vinyl
Cooling
None
Heating
Wall Furnace
Garage/Parking
Parking Area, Garage: Car(s)
Sewer
Public Sewer
1537 8th Ave is a Residential Income in Oakland, CA 94606. This 13,046 square foot property sits on a 0.34 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,175,000 and was built in 1961.
This address can also be written as 1537 8th Ave, Oakland, CA 94606.©2025 Bay East. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from Bay East.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of August 14, 2025. For the most current information, please contact Mairaj Din, (510) 393-8785