714-745-2708

3128 Fruitvale Ave, Oakland, CA 94602

$3,525,000 Approx. USD 0 beds, 0 baths

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Marketed By The Keaty Team

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Marketed By The Keaty Team REALTOR® - Sales Associate 714-608-3298 m
714-745-2708 o
Lic#: 01276603
NRDS ID: 187514104
thekeatyteam@bhhscal.com Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
Phone: 714-832-8800
Fax: 949-565-7700

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Listing Agent

Willem Bos | willem@bosgroupcre.com
Lic#: 02013980
Broker: Courtesy of COMPASS
Phone: 916-698-9954

Agent Remarks

Renovated with huge upside: ownership has invested $492,707 in improvements since 2018, yet eight of the 14 apartments still rent below $1,300 a month, leaving 53% upside to market. The work includes six gut-remodeled units, new copper plumbing and a heat pump water heater, a sewer lateral, main electrical panels, a roof and a new parking lot. The property is Soft Story and SB 721 compliant. Offered at $3,525,000, a 6.02% current cap and 10.13 GRM, growing to a 10.36% cap and 6.69 GRM at market rents. This 18-unit mixed-use property in Oakland's Dimond District offers 14 apartments and 4 commercial storefronts across three buildings on a 20,000 SF lot with 14 surface parking spaces. The unit mix is seven 1BR/1BA units, seven 2BR/1BA units and four commercial suites. Just 0.2 miles to Farmer Joe's with easy access to I-580 and Fruitvale BART.

Listing Details

Property type: (Multi-Family)

Status: Active

MLS# 41149663

Price: $3,525,000

HOA Fee is $0.00

Beds: 0

Baths: 0

Built in 1950

0.46 acres

Lot size: 0.4591

Subdivision: OAKLAND

County: Alameda

Construction: Stucco,Wood Siding

Heating/cooling: See Remarks

Heating description: Natural Gas

Last Updated: 9/29/2026

Days On Market (DOM): 3

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Lat/Long: 37.796497, -122.217112.
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