
Oakland, California 94601
This Turnkey Multi-Unit Asset is a Strong Value Opportunity, listed at $1,199,000—positioned well below the $1,205,104 Fair Market Value by 0.5%. This valuation gap provides $6,104 in Instant Equity. Boasting a Turnkey Condition Rating, the property features renovated kitchens, luxury vinyl flooring, and a private patio with SF skyline views. With an 86 Walk Score near Fruitvale BART, it offers high rental demand despite lower local school ratings. This is an exceptional acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-quality house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2105 48th Ave Subject | $995,000* List Price | 0 | 0 | 3,356 | $328 | - |
A 2063 Rosedale Ave Sold | $965,000 | 0 | 0 | 3,086 | $313 | 0.4 mi |
B 1507 48th Ave Sold | $750,000 | 0 | 0 | 2,308 | $325 | 0.3 mi |
C 1436 52nd Ave Active | $879,000 List Price | 0 | 0 | 3,293 | $267 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone an extensive recent renovation within the last 5 years, featuring new luxury vinyl flooring, fresh interior and exterior paint, dual-pane windows, and updated kitchens and bathrooms. It is presented in turnkey condition with no visible deferred maintenance, meeting the criteria for a fully renovated property.
The property has been extensively renovated with upgraded floors, newer kitchens, refreshed baths, and recent exterior paint, offering a move-in-ready opportunity with minimal immediate capital expenditure.
The spacious three-bedroom, two-bathroom unit is delivered vacant, providing an ideal setup for an owner-occupant to live in one unit while offsetting the mortgage with rental income from the others.
Boasting a Walk Score of 86 and close proximity to Fruitvale BART and major freeways (I-880 and I-580), the property is perfectly positioned to attract high-quality tenants seeking urban accessibility.
The assigned local public schools, including Horace Mann Elementary and Fremont High, have low ratings (2/10), which may deter families who prioritize high-performing school districts.
Despite the modern interior renovations, the 1965 construction date suggests that underlying systems and structural elements may require more long-term maintenance compared to newer developments.
Beautifully renovated triplex in Oakland’s vibrant Fruitvale neighborhood, offering a turnkey investment or ideal multi-generational living opportunity. The property features a spacious three-bedroom, two-bathroom unit with a private backyard delivered vacant, and two comfortable two-bedroom, one-bathroom units. Each unit enjoys a garage plus tandem parking (2:1 ratio), on-site laundry, dual-pane windows, and renovated interiors with upgraded floors, newer kitchens, and refreshed baths. Recent exterior paint enhances curb appeal. With a Walk Score of 86, residents can easily reach neighborhood shops, cafés, restaurants, markets, and nearby parks, including Courtland Creek and Maxwell Park. Commuters benefit from quick access to multiple bus lines, Fruitvale BART, and freeways I-880 and I-580. Strong rental potential and room for rent growth make this an exceptional, highly walkable, and commuter-friendly investment in the heart of Fruitvale.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 6-8 • 0.9 mi
Grades 6-8 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 3,356 | 2,642 | 75% |
| Lot Size | 4,700 | 4,850 | 50% |
| Price | $995.0K | $712.5K | 92% |
| Price per sq ft | $296 | $275 | 50% |
| Built year | 1965 | 1923 | 75% |
| HOA | $0 | $0 | 50% |
| Days on market | 64 | 157 | 8% |
May 22, 2026
$995,000
$1,199,000
-17% Price Drop
Initial Listing
Apr 10, 2026
$1,199,000
Initial Listing