3057-3063 Blossom St
Oakland, CA 94601
Blossom Street Apartments · Immeuble residentiel Propriété À vendre · 8 Unités

3057-3063 Blossom Street presents the opportunity to acquire Blossom Street Apartments, a gated eight-unit multifamily community comprised of two adjacent fourplex buildings in Oakland's Fruitvale neighborhood. The property features a consistent unit mix of spacious two-bedroom, one-bathroom apartments, providing operational simplicity and broad tenant appeal within a market supported by workforce housing demand.
The asset benefits from a secured courtyard-style layout, on-site parking, and separately metered utilities, features that can help support efficient property management and tenant retention. Current operations provide in-place income while offering potential upside through rental growth opportunities and lease-up of vacant units. The property's uniform floor plans and established residential setting create an attractive investment profile for buyers seeking a manageable multifamily asset in a well-connected East Bay location.
Located near Fruitvale BART and Interstate 580, the property offers convenient access to major employment centers throughout Oakland, Downtown San Francisco, and the broader Bay Area. Residents benefit from proximity to neighborhood-serving retail, dining, schools, and transit options, supporting long-term housing demand. Fruitvale remains one of Oakland's established residential districts, providing connectivity to regional transportation infrastructure while maintaining access to local amenities that contribute to everyday convenience.
With a sale price of $1,572,000, a reported cap rate of 7.25%, and an established multifamily configuration, Blossom Street Apartments offers investors the opportunity to acquire a stabilized residential asset with accessibility, operational efficiency, and future income growth potential in a major Bay Area market.