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    8Th Ave Oakland, CA 94606

    For Sale
    $3,175,000

    Extensively renovated 20-unit multifamily property in Oakland's Clinton neighborhood.

    Property size:
    13,046 SF
    Lot size:
    0.34 Acres

    Property Features for 8Th Ave

    General Information

    Standard status
    Active
    Size
    13,046 SF
    Lot size
    0.34 Acres

    Building Details

    Year built
    1961

    Source: TRANSWESTERN PROPERTY CO. Agent MAIRAJ DIN

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Oakland Multifamily Asset For Sale

    This is a 20-unit multifamily property located in Oakland’s Clinton neighborhood. The property features a unit mix of eighteen 2-bedroom, 1-bathroom units and two 1-bedroom, 1-bathroom units. Seventeen of the units have been renovated to a modern standard. Significant capital improvements have been made over the past several years, 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. 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. The property size is 13,046 square feet.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    Oakland
    County
    Alameda
    State
    California
    Longitude
    -122.257717
    Latitude
    37.788733

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    FAQs

    What type of property is this?
    Apartment building - Extensively renovated 20-unit multifamily property in Oakland's Clinton neighborhood.
    Where is this apartment building located?
    The property is located at 8Th Ave Oakland, CA.
    What is the asking price?
    The asking price for this property is $3,175,000.
    What are key features of this property?
    This property features: - Extensively renovated 20-unit multifamily asset in Oakland's Clinton neighborhood.; - Desirable unit mix featuring (18) 2bd/1ba and (2) 1bd/1ba units.; - 17 units already renovated to a modern standard.
    (415) 489-1839
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8Th Ave Oakland, CA 94606
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