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Six-Unit Apartment Building in Fruitvale
For Sale
$1,595,000

2401 Bartlett St, Oakland, CA 94601

Six-unit apartment building in Oakland's Fruitvale area.

Property SizeContact for details
Lot Size0.14 Acres
Days on Market164

Property Features for 2401 Bartlett St

General Information

Standard status Active
Lot size 0.14 Acres
Property subtype Investment

Taxes and HOA fees

Annual Taxes $16,402

Building Details

Year Built 1960
Units 6
Listing Agency:
Listed By: Bing Udinsky
Source: Elliman
Added: Mar 12 Changed: Aug 9 Last Checked: Aug 21 at 10:24AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bing Udinsky

Investment Insights

Based on property information with market context.

This six-unit apartment building is centrally located in the Fruitvale area, near 35th Avenue, with access to Freeway I-580. The property features large two-bedroom apartments. Four of the apartments have been recently upgraded with hardwood floors, granite countertops, and modern bathrooms. There are six parking spaces in front of the building, with additional garage spaces on the first floor. A laundry room and storage areas are located in the back. The current cap rate is 5.8%, with a pro forma cap rate of 6.8%. The property offers high cash flow and easy management.

Key Highlights

  • High cash flow investment property with a current 5.8% cap rate and pro forma 6.8% cap rate.
  • Six‑unit apartment building in the desirable Fruitvale area near 35th Ave.
  • Easy access to Freeway I‑580.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Skin Care Clinic Big Box & Wholesale Store Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

777
Businesses Nearby

Demographics for 94601, CA

54,166
Population
17,454
Households
3.1
Avg Household Size
35
Median Age
24%
College-Educated
70%
High-School Grad
3.2 sq mi
ZIP Area
16,927
Density / Sq Mi
$66,651
Median Household Income
$37,765
Median Earnings
$1,651
Median Rent
$703,100
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Six-unit apartment building in Oakland's Fruitvale area.
Where is this apartment building located?
The property is located at 2401 Bartlett St Oakland, CA.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: High cash flow investment property with a current 5.8% cap rate and pro forma 6.8% cap rate.; Six‑unit apartment building in the desirable Fruitvale area near 35th Ave.; Easy access to Freeway I‑580.
More about this property
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