1523–1537 8TH AVENUE 1537 8th Ave Immeuble residentiel 20 lots 2 718 752 € (135 938 €/Lot) Taux de capitalisation 7,83 % Oakland, CA 94606

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.
Situated in the centrally located Clinton neighborhood, the property benefits from close proximity
to Lake Merritt, Highland Hospital, and vibrant retail corridors along International Blvd and 8th Ave.
Easy access to BART, AC Transit, and major freeways connects tenants to Downtown Oakland, San
Francisco, and the greater East Bay job market.
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.
Please reach out to listing brokers for details.