1661 Fruitvale Ave, Oakland, CA 94601

• 4,745 sqft

Property 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

Listing Status:

Active

Date Added:

February 25, 2026

Data Last Updated:

April 1, 2026 at 7:06AM

Listing Office:

COMPASS : 415-660-9955

Listing Agent:

Willem Bos : 916-698-9954

MLS ID:

41125171

Interior

• Laundry: Other
• Basement: None
• Flooring: CarpetWood
• A/C: Other
• Heating: Other

Exterior

• Parking: Attached

Construction

• General: Stucco

Location

• County: Alameda