Property Detail

3128 Fruitvale Ave

Oakland CA 94602

$3,525,000

Status: Active

Property Details

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.

Map Location

Listing provided courtesy of Willem Bos of COMPASS. Last updated 2026-10-19 08:10:57.000000. Listing information © 2026 CRMLS.

John Collins

John Collins

DRE# 01948188
Inquire Now

By submitting this form, I agree to be contacted by Collins Coastal and Coldwell Banker Realty at the phone number provided, including by text messages sent with automated technology. Consent is not a condition of purchase. Message frequency varies. Message and data rates may apply. Reply STOP to opt out or HELP for help at any time, or click the unsubscribe link in emails. We do not share mobile opt-in information with third parties for marketing purposes. Privacy Policy and Terms of Service

admin Real estate https://www.royacdn.com/unsafe/smart/Site-293dd465-f306-4334-ba57-871e6c0ec29d/Homepage_AboutJCPhoto.png realtor https://g.page/r/CayICkO-JykjEBM/review # # https://www.royacdn.com/unsafe/smart/Site-293dd465-f306-4334-ba57-871e6c0ec29d/Homepage_AboutJCPhoto.png