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Listed by: Willem Bos (916) 698-9954 DRE #02013980 | COMPASS (415) 660-9955
$3,525,000
Monthly Est:$17,545
-- Bed
-- Bath
--sqft
3128 Fruitvale Ave, Oakland, CA 94602
$3,525,000
$17,545/moEst:
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Multi Family
Built in 1950
$-- HOA
20,000 sqft lot
--/sqft
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.
- Houzeo last checked: 6 minutes ago
- Listing updated: October 5, 2026 at 8:30 am
- Source: California Regional MLS-CA | MLS#: 41149663
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
1950
HOA Fees
-
Finished Area
- sqft
Lot Size
20,000 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
41149663
MLS Status
Active
Days on Market
9
Cumulative Days on Market
7
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Heating
Natural Gas
Cooling
See Remarks
Construction
Year Built
Year Built: 1950
Home type
Multi Family
Construction Materials
Stucco, Wood Siding
Other Features
Tenant Pays
Gas
Subdivision Name
Oakland
Price History
| Date | Event | Price |
|---|---|---|
09/27/2026 Source: | Listed for Sale | $3,525,000 $0/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Oct 08, 2026, 08:30PM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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