Home | Alameda County | Oakland | 94602 | 3128 Fruitvale Ave
MLS: EB41149663 | Status: | Price: $3,525,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Acres Lot | Yr Built |
|---|---|---|---|---|
| – | – | 14,871 | 0.46 | 1950 |
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.
| Field | Value |
|---|---|
| MLS # | EB41149663 |
| MLS Source | Bridge MLS |
| Days on Site | 9 |
| Feature | Details |
|---|---|
| Flooring | Laminate, Wood |
| Cooling | Other |
| Heating | Gas |
| Feature | Details |
|---|---|
| Roof | Other |
| Feature | Details |
|---|---|
| Garage/Parking | Parking Area, Garage: Car(s) |
| Complex Amenities | Other |
Willem Bos
COMPASS
License #: 02013980
Phone: (916) 698-9954
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Fruitvale Elementary School | public | K-5 | 0.20 mi | 2 |
| Manzanita SEED | public | K-5 | 0.52 mi | 4 |
| Manzanita Community | public | K-5 | 0.53 mi | 1 |
| Sequoia Elementary School | public | K-5 | 0.55 mi | 7 |
| Bret Harte Middle School | public | 6,7,8,9 | 0.63 mi | 3 |
| Glenview Elementary School | public | K-5 | 0.65 mi | 8 |
| United For Success Academy | public | 6-8 | 0.78 mi | 2 |
| Life Academy | public | 6-12 | 0.78 mi | 5 |
| Edna Brewer Middle School | public | 6-8 | 0.79 mi | 8 |
| Allendale Elementary School | public | K-5 | 0.88 mi | 1 |
| Urban Promise Academy | public | 6-8 | 1.07 mi | 2 |
| Bella Vista Elementary School | public | K-5 | 1.12 mi | 4 |
| Global Family School | public | K-5 | 1.14 mi | 5 |
| Oakland High School | public | 9-12 | 1.15 mi | 4 |
| Crocker Highlands Elementary School | public | K-5 | 1.16 mi | 9 |
| Laurel Elementary School | public | K-5 | 1.16 mi | 4 |
| Roosevelt Middle School | public | 6-8 | 1.16 mi | 3 |
| Garfield Elementary School | public | K-5 | 1.19 mi | 3 |
| International Community School | public | K-5 | 1.34 mi | 5 |
| Think College Now School | public | K-5 | 1.34 mi | 3 |
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 469 Van Buren Ave | $3,695,000 | – | – | 14,657 | |
| 450 Lee St | $3,600,000 | – | – | 0 | |
| 1932 6th Ave | $3,415,000 | – | – | 0 | |
| 4609 Bond St | $4,195,000 | – | – | 15,464 |
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This listing information is up-to-date as of October 05, 2026. For the most current information, please contact Willem Bos, (916) 698-9954.