1439 38th Ave - Multi-Family FOR SALE


Oakland, CA 94601- Fruitvale
$985,000 USD
510-213-8883
1439 38th Ave, Oakland, CA for Sale
$985,000 USD
Multi-Family - FOR SALE
1/15
null | Request Cap Rate

1439 38th Ave
Oakland, CA 94601
Fruitvale


HIGHLIGHTS

  • Two-story duplex with detached 1-bedroom Accessory Dwelling Unit (ADU) - 3 total units ($328,333 per unit)
  • Separately metered electric, gas & water
  • Lower unit fully renovated: new kitchen, bath, laundry units, appliances, HVAC, insulation, and finishes
  • Upper unit upgraded with new electrical, lighting, appliances, and laundry
  • Newly constructed ± 408 SF ADU
  • Fenced backyard with premium redwood fencing

OVERVIEW

THREE-UNIT MULTIFAMILY PROPERTY IN OAKLAND, CA The Ivy Group is pleased to present an opportunity to acquire a well-located three-unit multifamily property in Oakland, California. This property features a two-story duplex in the front and a newly constructed detached ADU in the rear. With over $350,000 in recent renovations — including seismic retrofitting, new roof, solar systems, utility upgrades, and a complete rebuild of the lower unit — this property offers modern systems and strong long-term stability. PROPERTY FEATURES: » Two-story duplex with detached 1-bedroom Accessory Dwelling Unit (ADU) - 3 total units » Separately metered electric, gas & water » Lower unit fully renovated: new kitchen, bath, laundry, appliances, HVAC, insulation, and finishes » Upper unit upgraded with new electrical, lighting, appliances, and laundry » Newly constructed 408 SF ADU » Fenced backyard with premium redwood fencing Situated within walking distance of Fruitvale Village and Fruitvale BART Station, the property offers excellent access to shopping, dining, schools, and public transportation. It is ideally suited for investors seeking rental income or for an owner-occupant interested in living in one unit while generating income from the others

FOR SALE DETAILS

PRICE

$985,000 USD

PRICE/SF

$510 USD /SF

# OF UNITS

3

PRICE/UNIT

$328,333

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

MULTIFAMILY PROPERTY FOR SALE

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

-

APN/PARCEL ID

033-2136-056-00

ASK ABOUT THIS PROPERTY

Tim Vi Tran SIOR, CCIMThe Ivy GroupMore Info
510-213-8883

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Tim Vi Tran SIOR, CCIMThe Ivy GroupMore Info
510-213-8883

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.