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  • 3128 Fruitvale Ave

3128 Fruitvale Ave, Oakland, CA 94602

$3,525,000 Approx. USD 0 beds, 0 baths
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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575
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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: 10/5/2026

 Days On Market (DOM): 38

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Lat/Long: 37.796497, -122.217112.
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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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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575
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