1661 Fruitvale Ave
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
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?















