Price Reduced Listing
$970,000
 $5,207 est/mo Sourced by Back At You

1661 Fruitvale Ave,Oakland, CA 94601

Oakland, CA 94601

Share:

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 over 35% rental upside, creating a clear path to meaningful NOI growth through strategic management and unit improvements. The property consists of six units, including four one-bedroom/one-bath units and two two-bedroom/one-bath units. The one-bedroom units offer conversion potential, providing investors with the opportunity to reconfigure layouts and further enhance rental income. The balanced unit mix supports broad tenant appeal and consistent demand in this vibrant rental corridor. Operational efficiency is strengthened by separate gas and electric metering, minimizing landlord utility expenses and improving expense control. The property also includes four private parking garages, a valuable amenity in the neighborhood that enhances tenant retention and offers potential for additional revenue. Ideally positioned near shopping, dining, public transit, and major commuter routes, 1661 Fruitvale Avenue benefits from strong local fundamentals and steady rental demand. With significant upside, utility separation, garage parking, and value-add potential, this asset represents an at

Details

MLS #41125171
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1952
Days On Site192
Listing Provided ByCOMPASS | Willem Bos

Features

Units6
Acreage0.11

Interior

CoolingSee Remarks
HeatingSee Remarks
Heating Yes / NoYes
Cooling Yes / NoYes

Exterior

Construction MaterialsStucco
Lot FeaturesStreet Level

Area Information

StateCA
CountyAlameda
CityOakland
Zip Code94601
Community NameOAKLAND
Listing VS Median (in OAKLAND)
Price:
$970,000
low | high
Med:
$479,000
100% of Average
On site:
192
low | high
Med:
180
100% of Average
Sourced by Back At You

Market Activity 94601

Request a showing

Request a showing

Contact


Additional Information


Showing Information


Submit Form

Required Field
By submitting, you agree to receive promotional texts and/or calls from Coldwell Banker Home Source at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.
MLS Internet Data Exchange (IDX) information is provided exclusively 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, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

Contact

Learn More About This Property

StateCA
CountyAlameda
CityOakland
Zip Code94601
Community NameOAKLAND
Listing VS Median (in OAKLAND)
Price:
$970,000
low | high
Med:
$479,000
100% of Average
On site:
192
low | high
Med:
180
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $727K - $1.212M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
3311 E 17th St Property Photo 1
$599,000
3311 E 17th St
Oakland, CA 94601
Listing Updated: August 31, 2026 at 9:01:00 AM PDT
Real Estate Links Our Domains