3529 Fruitvale Ave

A rare opportunity to acquire a newly constructed, stabilized mixed-use asset delivering exceptional cashflow in Oakland's thriving Fruitvale District. Dimond Alley is a turnkey cash machine with minimal management. With a ground-up renovation completed in 2023, this building is essentially brand new. The property has new foundation, new plumbing, new electrical, new HVAC, and a new roof. Formerly a bowling alley it now holds a Restaurant, Flex Retail, and a 3 bed 2.5 bath luxury two story apartment with a roof deck. The 3880 sf of vacant retail space, divided into two suites by a non load bearing wall, gives the future owner maximum flexibility in choosing their ideal tenants or operating out of the space. This is the perfect asset for a 1031 Exchange or any investor looking for a stabalized cash cow that keeps on milking.