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1661 1661 Fruitvale Ave
For Sale $995,000
$995,000
- 6 Units
- Unknown Sq Ft
- 4,800 Sq Ft
- Unknown Cap Rate
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
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $995,000 |
| Property Type | Multi-Family |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 4 spots |
| Year Built | 1952 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 2572211 |
| MLS # | 41125171 |
| Property ID | 322625451 |
| Lot Sqft | 4,800 |
| Zoning | Unknown |
| Total Units | 6 |
| Days on Market | 13 |
| Original List Price | $995,000 |
| Date Updated | March 04, 2026 |
| Date Created | February 25, 2026 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Willem Bos an agent of . Lic #02013980
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of March 04, 2026 The 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.
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Robert Crawford
REAL ESTATE AGENT