410 Fairmount Ave, Oakland, CA 94611 | Closed

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  • (0)
  • 18 Units
  • Unknown Sq Ft
  • 7,250 Sq Ft
  • Unknown Cap Rate
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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.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


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Expenses

Property Details

List Price $3,650,000
Property Type Multi-Family
Usable Sqft Unknown
Number of Stories 0 stories
Parking Spots 15 spots
Year Built 1926
Last Sold August 19, 2025
Sold Price 3,200,000
HOA Fees: $0
Association Name: Unknown
Association Amenities: Unknown
APN # 1080913
MLS # 41082352
Property ID 321187308
Lot Sqft 7,250
Zoning Unknown
Total Units 18
Applicances Dryer,Washer%
Date Updated August 20, 2025
Date Created January 14, 2025

Financials not available online. Please inquire with your agent for more details.

Listing Provided By

Willem Bos an agent of . Lic #02013980


© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of August 20, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



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