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3114 Ashbrook Ct, an 8-unit multifamily property in Oakland's Fruitvale corridor offered at $1,275,000 ($159,375/unit, $305/SF) at a 6.75% current cap rate and 9.44 GRM, with a path to a 10.93% pro forma cap as in-place rents are brought to market. The unit mix consists of (6) 1x1, (1) 2x1, and (1) Studio, with current in-place monthly income of $11,034 versus $16,015 at market "” a 45.1% rent upside. Five on-site garage parking spaces and on-site laundry facilities contribute to income, with additional potential from currently unrented storage units. The property sits within walking distance of Fruitvale BART (~0.9 mi) and less than one mile from both I-580 and I-880.
Property Type(s):
Residential Income
| Last Updated | 4/22/2026 | Tract | FRUITVALE |
|---|---|---|---|
| Year Built | 1952 | County | Alameda |
Additional Details
| AIR | None |
|---|---|
| AIR CONDITIONING | Yes |
| CONSTRUCTION | Stucco |
| HEAT | Electric |
| LOT | 5162 sq ft |
| LOT DESCRIPTION | Corner Lot |
| LOT DIMENSIONS | 5160 |
| SUBDIVISION | FRUITVALE |
Location
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Listed with COMPASS
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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