3128 Fruitvale Ave | Image 1
3128 Fruitvale Ave | Image 2
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3128 Fruitvale Ave | Image 7

$3,525,000

For Sale

10 days ago

3128 Fruitvale Ave, Oakland, CA

House

MLS® 41149663

0 Bed

0 Bath

--

14 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size -
Garage 
Taxes 
Days Active 10
Lot Size 0.4591 Acres
Approx. Age 1950
MLS® Number 41149663

Property Address: 3128 Fruitvale Ave, Oakland, CA, 94602-2113

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number41149663
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1950
Basement
Driveway
Garage Spaces
HeatNatural Gas
A/CSee Remarks

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 28, 2026List Date
$3,525,000List Price
  • Commute

Commute

Starting Address
Destination Address
3128 Fruitvale Ave, Oakland, CA

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