Homes for sale - 3800 Greenwood AVE, Oakland, CA 94602

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Thomas Ryan

thomas@thomasryan.realestate +1(909) 334-2049

$ 1,395,000

Est. payment | -/mo

8 Beds

4 Baths

4,088 SqFt

Save

$ 1,395,000

Est. payment | -/mo

Save

8 Beds

4 Baths

4,088 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,088 sqft

Price per Sqft $341

MLS Listing ID 25511135

Bedrooms 8

HOA Y/N No

Year Built 1916

Lot Size 6,965 Sqft

Property Description

3800 Greenwood Ave, a fully vacant well-maintained 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 newer roof, separate water heaters, partial copper repiping, and some updated unit interiors. 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. 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 to the studs and presents the chance to redesign and build a dream home while still generating rental income to offset a mortgage. Whether for an investor or owner-user, this property represents a rare and valuable opportunity.

Location

State CA

County Alameda

Area Glv - Glenview

Interior

Heating Forced Air

Cooling None

Fireplace No

Exterior

Parking Features Door-Multi, Garage, Uncovered

Garage Spaces 3.0

Garage Description 3.0

Porch Open, Patio

Total Parking Spaces 5

Building

Story 2

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 024053102501

Special Listing Condition Standard

Listed by Jake Glaser • Lyon Stahl Investment Real Estate, Inc.

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(909) 334-2049

thomas@thomasryan.realestate

4016 Grand Ave Suite A # 1082, Chino, CA, 91710, United States

3800 Greenwood AVE Oakland, CA 94602