3800 Greenwood Avenue, Oakland, CA 94602
Local realty services provided by:Nelson Shelton Real Estate ERA Powered



3800 Greenwood Avenue,Oakland, CA 94602
$1,395,000
- 8 Beds
- 4 Baths
- 4,088 sq. ft.
- Multi-family
- Pending
Listed by:jake glaser
Office:lyon stahl investment real estate, inc.
MLS#:25511135
Source:CRMLS
Price summary
- Price:$1,395,000
- Price per sq. ft.:$341.24
About this home
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.
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Home facts
- Year built:1916
- Listing Id #:25511135
- Added:156 day(s) ago
- Updated:August 18, 2025 at 07:47 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Living area:4,088 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Year built:1916
- Building area:4,088 sq. ft.
- Lot area:0.16 Acres
Finances and disclosures
- Price:$1,395,000
- Price per sq. ft.:$341.24
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