Prime Investment Opportunity in Oakland’s Fruitvale District
The Ivy Group proudly presents an exceptional investment opportunity: a mixed use property located in the thriving Fruitvale District of Oakland, CA.
PROPERTY HIGHLIGHTS:
Residential Units: Four spacious 1 bedroom, 1 bathroom units
Commercial Space: One versatile ground floor retail unit
Separate Meter: Each unit is metered separately for electric
PROPERTY HIGHLIGHTS:
Prime Location: Just a short walk to the Fruitvale BART Station, providing unparalleled convenience for residential tenants and high foot traffic for the commercial unit
Value Add Potential: All tenants are on short term leases, giving you the flexibility to adjust rents to market rates and enhance your return on investment
Rent Control: Exempt from Oakland rent control
This property is ideal for both first time and seasoned investors seeking a prime replacement property for a 1031 Exchange. Take advantage of this opportunity to secure a high potential asset in one of Oakland’s most vibrant neighborhoods.
Please respect the privacy of the tenants and contact The Ivy Group today to learn more and schedule a viewing.
PROPERTY HIGHLIGHTS
Building Size± 6,511 SF
Lot Size± 6,570 SF (± 0.155 acres)
Year Built1928 / 2012 (substantial rehabilitation after fire)
Power200 A, 120/208 V, 3 Ø
ZoningCN3
UseMixed Use: residential / retail
Freeway AccessMinutes away to Interstate 880
Bart Station± 0.4 miles to Fruitvale BART Station
Bus StopWalking distance to major bus stops and public transportation nodes
MeteringSeparate meter for each tenant
Number of Units4 residential + 1 commercial retail
