3800 Greenwood Avenue, Oakland, CA 94602 - Berkshire Hathaway HomeServices California Properties

3800 Greenwood Avenue, Oakland, CA 94602

$1,395,000 Approx. USD 8 beds, 4 baths
4,088 sqft

Listing Agent


Jake Glaser | jake@lyonstahl.com
Lic#: 02128816
Broker: Courtesy of Lyon Stahl Investment Real Estate, Inc.

Co Listing Agent


Spencer Chan | spencer@lyonstahl.com
Lic#: 02197531
Broker: Courtesy of Lyon Stahl Investment Real Estate, Inc.

Agent Remarks

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.

Listing Details

Property type: (Multi-Family)
Status: Active Under Contract
MLS# 25511135
List price is $1,395,000 Reduced by $105,000 on 5/15/2025
Price: $1,395,000
Beds: 8
Baths: 4
Built in 1916
4,088 sqft
0.16 acres
Lot size: 0.1599
County: Alameda
Parking description: Door-Multi,Garage,Uncovered
Heating/cooling: None
Heating description: Forced Air
MLS area: GLV - Glenview

Last Updated: 6/23/2025

 Days On Market (DOM): 102

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This listing belongs to the GLV - Glenview MLS area

Lat/Long: 37.804930, -122.228406.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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