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Six-Unit Apartment Building with Garages
For Sale
$970,000

1661 Fruitvale Avenue, Oakland, CA 94601

Six residential units with a mix of 1- and 2-bedroom layouts and four private parking garages.

Property Size4,745 SF
Price / SF$204.43
Days on Market211

Property Features for 1661 Fruitvale Avenue

General Information

Standard status Active
Size 4,745 SF
Total Parking Spaces 4
Property subtype 5+ Units / Five or More Units
Net Operating Income $72,265

Additional Details

Multifamily Units 6

Amenities

Other, Other

Building Details

Year Built 1952
Tenancy Multi
Listing Agency: Compass
Listed By: Willem Bos · License #02013980
Source: Compass
Added: Feb 17 Changed: Sep 15 Last Checked: Sep 15 at 11:29AM

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 Compass

Investment Insights

Based on property information with market context.

1661 Fruitvale Avenue is a six-unit apartment building in Oakland’s Fruitvale district. The property features three one-bedroom/one-bath units and three two-bedroom/one-bath units. In addition to the existing unit mix, the one-bedroom units are described as having conversion potential. Parking is supported by four private parking garages, which can be a meaningful amenity for tenant convenience.

The building is positioned near shopping, dining, and public transit, with access to major commuter routes. This combination of nearby daily needs and transit options can be useful for tenants looking for practical connectivity throughout the East Bay.

For buyers and investors, the property’s current configuration provides multiple residential unit types within a single asset, along with the opportunity to consider unit conversion options for the one-bedroom layouts. The presence of private garages can also help reduce friction around parking, supporting smoother day-to-day leasing. The building is being offered for sale and is intended for those who want to manage and improve a small multifamily property with a clear focus on operational and unit-level adjustments.

Key Highlights

  • 6‑unit apartment building built in 1952
  • Unit mix: three 1‑bedroom/1‑bath and three 2‑bedroom/1‑bath units
  • Four private parking garages included with the property

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Accounting Firm HVAC Service Bar & Pub

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

Lease Details

6
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,087
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 residential units with a mix of 1- and 2-bedroom layouts and four private parking garages.
Where is this apartment building located?
The property is located at 1661 Fruitvale Avenue Oakland, CA.
What is the asking price?
The asking price for this property is $970,000.
What are key features of this property?
This property features: 6‑unit apartment building built in 1952; Unit mix: three 1‑bedroom/1‑bath and three 2‑bedroom/1‑bath units; Four private parking garages included with the property
More about this property
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