CA > Oakland
Oakland, CA 94611,410 Fairmount Ave
Oakland, CA 94611,410 Fairmount Ave
Oakland, CA 94611,410 Fairmount Ave
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Listed by Willem Bos • COMPASS
$3,650,000
Est. payment /mo
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16,306 SqFt
Pending

410 Fairmount Ave Oakland, CA 94611

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Violet Sinclaire

Violet Sinclaire

eXp Realty of California, Inc.

+1(415) 713-9420

UPDATED:

Key Details

Property Type Commercial

Sub Type 5 or More Units

Listing Status Pending

Purchase Type For Sale

Square Footage 16,306 sqft

Price per Sqft $223

MLS Listing ID 41082352

HOA Y/N No

Year Built 1926

Lot Size 7,250 Sqft

Property Sub-Type 5 or More Units

Source Bridge AOR

Property Description

410 Fairmount Avenue is a desirable eighteen-unit apartment building consisting of a strong unit mix, including (2) Well-maintained studios, (10) large one-bedroom units, and (6) functionally designed two-bedroom units. With extensive capital improvements, including bringing all electrical panels up to date, replacing the main panel, individually meeting each unit, and fully seismically upgrading the building, this is a stable and easy-to-manage asset for any investor. In addition, 410 Fairmount is located directly above the sprawling Lake Merritt Recreation Center in Oakland, making this a highly sought-after tenant location. With day-one solid cash flow and a sizable amount of rental growth potential, this is a safe and secure asset for any investor looking for a long-term hold and priced well below comps at only an 8.45 GRM and over a 6.70% in-place CAP rate.

Location

State CA

County Alameda

Interior

Heating See Remarks

Cooling None

Flooring Tile, Vinyl, Carpet, Wood

Fireplace No

Appliance Dryer, Washer

Building

Lot Description Sloped Down

Bay East AOR and Contra Costa AOR
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

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agent

Violet Sinclaire

Agent | CA DRE #01990089

+1(415) 713-9420

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