RESIDENTIAL / RETAIL MIXED USE INVESTMENT

1512 Fruitvale Avenue, Oakland, CA Building Size : ± 6,511 SF

$1,499,000 ($230/SF)

Executive Summary

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
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    Building Size ± 6,511 SF
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    Lot Size ± 6,570 SF (± 0.155 acres)
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    Year Built 1928 / 2012 (substantial rehabilitation after fire)
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    Power 200 A, 120/208 V, 3 Ø
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    Zoning CN3
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    Use Mixed Use: residential / retail
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    Freeway Access Minutes away to Interstate 880
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    Bart Station ± 0.4 miles to Fruitvale BART Station
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    Bus Stop Walking distance to major bus stops and public transportation nodes
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    Metering Separate meter for each tenant
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    Number of Units 4 residential + 1 commercial retail
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    Unit Mix Four 1bed/1bath + 1 ground floor retail
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    APN 33-2121-26
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    Number of Stories Two
Inquire about this property





    Tim Vi Tran, SIOR, CCIM

    CA DRE #01784630
    510 213 8883
    tim@theivygroup.com

    Diego Cervantes

    CA DRE #02245887
    510 856 8238
    diego@theivygroup.com

    1512 Fruitvale Avenue, Oakland, CA, USA

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