1432 8th Avenue, Oakland, California 94606, Oakland, - bed, bath

home-pic
ACTIVE$299,888
1432 8th Avenue, Oakland, California 94606
3Beds
3Baths
1,130Sqft
1,128.2Lot
Year Built
2022
Close
-
List price
$300K
Original List price
$300K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
ML82025780
Home ConditionExcellent
Features
View-

About this home

Five condo units must be sold together as a package (not separately) to an investor ONLY! The total price for all five units is $1,500,000, which is equivalent to $300,000 per unit. A rare opportunity to acquire this beautifully updated 5 condos (3BR/3BA, 3BR/2BA, 2BR/2BA, 3BR/2BA, 2BR/1BA) project located in a gated community just east of Lake Merritt. Meticulously designed with recessed lighting, heating, air conditioning, and open concept layouts tailored for modern living. The kitchens feature quartz countertops and custom cabinetry. Spacious primary bathrooms. Convenient parking is available at the back of the property. Ideally situated near the vibrant International Blvd business corridor and within walking distance to BART, restaurants, grocery stores, schools, parks, and more. This rare investment opportunity is perfect for seasoned investors seeking consistent cash flow!

Price History

Date
Event
Price
10/23/25
Listing
$299,888
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (4 Listings)
Beds32
80%
Baths32
80%
Square foot1,1301,130
50%
Lot Size1,12824,509
20%
Price$300K$425K
20%
Price per square foot$265$384
20%
Built year20221984
80%
HOA$490
Days on market13194
20%
Condition Rating
Excellent

This property was built in 2022, making it virtually brand new. The MLS description highlights recent updates, meticulous design, recessed lighting, heating, air conditioning, open concept layouts, quartz countertops, custom cabinetry, and spacious primary bathrooms. The images confirm these details, showcasing modern kitchens with stainless steel appliances, contemporary cabinetry, pristine quartz countertops, and stylish bathrooms with new tiling and fixtures. All components appear new, meeting current quality standards with no visible wear or deferred maintenance.
Pros & Cons

Pros

Turnkey Investment Package: Five newly constructed/updated condo units (built 2022) offered as a single package, ideal for immediate cash flow generation for a seasoned investor.
Modern & Updated Interiors: Each unit features contemporary designs with recessed lighting, heating, air conditioning, open concept layouts, quartz countertops, and custom cabinetry, appealing to modern tenants.
Strategic Urban Location: Situated in a gated community east of Lake Merritt, with excellent walkability to BART, public transit, the International Blvd business corridor, restaurants, and essential services.
Diverse Unit Mix: The package includes a variety of unit configurations (3BR/3BA, 3BR/2BA, 2BR/2BA, 3BR/2BA, 2BR/1BA), allowing for diversification of tenant profiles and rental income streams.
Attractive Per-Unit Price Point: Priced at an equivalent of $300,000 per unit, this offers a competitive entry point for acquiring multiple modern units in the Oakland market.

Cons

Restricted Buyer Pool: The mandatory 'package deal' and 'investor ONLY' stipulation severely limits the potential market of buyers, potentially prolonging sale time or affecting price negotiation.
Limited Financial Transparency: The listing lacks critical financial details for investors, such as individual unit square footage, current rental income, HOA fees, and operating expenses, which are essential for thorough due diligence.
Neighborhood Specifics: While accessible, the immediate vicinity of the International Blvd corridor may present challenges related to neighborhood perception or tenant screening for some investors.

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