Active
3800 Greenwood Avenue
Oakland CA, 94602
$1,500,000
$366.93 per sqft
Active
8 Beds
4,088 sqft
Other
Built in 1916
3800 Greenwood Ave, a well-maintained 75% vacant fourplex adjacent to Trestle Glen and Glenview within Oakland, CA, a developer's dream. This 4,088 square foot property, situated on a 6,970 square foot lot, has been under the same ownership for over 35 years. Built in 1916, it retains its original charm while offering modern improvements, including a new roof, separate water heaters, and partial copper repiping, and some updated units. The property consists of (3) two-bedroom, one-bath units and (1) two-bedroom, one-and-a-half-bath units, each over 1,000 square feet. The property currently has (3) vacant units and could potentially be delivered fully vacant. Additionally, it features three vacant garages and two uncovered parking spaces, creating added value and convenience.Located just off Park Boulevard and adjacent to Piedmont, the property offers easy access to Lake Merritt, Montclair Village, and Grand Lake, ensuring strong rental demand and long-term appreciation. Beyond the existing income, the property also offers development potential. The garages present an opportunity to add 1-4 ADUs under SB 1211, providing additional rental income (buyer to verify), and the basement storage area offers flexibility for storage. For an owner-user, Unit 2's kitchen and bathroom are down
CL25511135
MLSⓇ ID
March 13, 2025
Listed
March 15, 2025
Updated
Interior Features
Bedrooms
8
Fireplace
No
Cooling
Yes
Cooling Description
No Air Conditioning
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
0.16 Acres
Other Property Details
Area Name
Oakland
Garage
No
Parking
Other, Uncovered Parking Space
Parking Total
5
View
No
County
Alameda

Listed by Jake Glaser with Lyon Stahl Investment Real Estate, Inc.
Listing Contact: 310-494-6368
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