www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
33273107
33273106

1661 Fruitvale Ave, Oakland, CA 94601

BV
CA 01527235
WB
CA 02013980
Bos Group
Listed by Bos Group
$970,000
1 day on market
Updated 1 day ago
Opportunity zone

1661 Fruitvale Ave

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,745
Units 6
Cap Rate 7.45%
NOI $72,265
Occupancy 100%
Tenancy Multi
Pro-Forma Cap Rate 11.02%
Pro-Forma NOI $106,905
Price per SqFt $204
Year Built 1952
Buildings 1
Lot Size (SqFt) 4,800
Parking Spaces 4 spaces
Parking Per SqFt 0.84
Investment Type Value Add

Multifamily | 6 Units | $161,667/unit

Marketing description

1661 Fruitvale Avenue, Oakland, CA presents a compelling value-add opportunity in the heart of Oakland's Fruitvale district. This well-located 6-unit apartment building offers strong in-place income with significant rental upside, creating a clear path to meaningful NOI growth through strategic management and unit improvements. The property consists of six units — three one-bedroom/one-bath and three two-bedroom/one-bath — with one-bedroom units offering conversion potential to further enhance rental income. The property includes four private parking garages, a valuable amenity that enhances tenant retention and offers potential for additional revenue. Ideally positioned near shopping, dining, public transit, and major commuter routes, the asset benefits from strong local fundamentals and steady rental demand.


Investment highlights

  • List price $970,000 | 6 units | $161,667/unit | $204/SF
  • Separately metered gas & electric | four private garages
  • Mix of (3) 1x1 + (3) 2x1 | 1BR conversion potential
  • Fruitvale BART ~0.6 mi | AC Transit hub at Fruitvale Ave & MacArthur
  • Convenient access to I-580 and I-880
  • Adjacent to Josie de la Cruz Park | Dimond & Laurel retail corridors
  • GRM :8.15 

Listing Contacts

BV
CA 01527235
WB
CA 02013980
Bos Group
Listed by Bos Group

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$72,265.00
$6,022.08/mo

Valuation Metrics

0
DSCR
7.45%
Cap Rate
7.45%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Brian von Lackum
License
01527235
Brokerage
Compass
Brokerage Phone
4158470291
Title
Real Estate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591