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
MLS #
EB41125171
MLS Source
Bridge MLS
Days on Site
9
Appliances
Other
Flooring
Carpet - Wall to Wall, Wood
Cooling
Other
Roof
Other
Garage/Parking
Attached Garage, Garage: Car(s)
Water
Public
Complex Amenities
Other
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| – | – | 6 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | – | 2 | 0/0 | – | – | – |
| 2 | – | 1 | 0/0 | – | – | – |
1661 Fruitvale Ave is a Residential Income in Oakland, CA 94601. This 4,745 square foot property sits on a 4,800 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $995,000 and was built in 1952. This address can also be written as 1661 Fruitvale Ave, Oakland, CA 94601.
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This listing information is up-to-date as of March 04, 2026. For the most current information, please contact Willem Bos, (916) 698-9954