410 Fairmount Ave, Oakland, CA 94611

Local realty services provided by:ERA Carlile Realty Group
#1
410 Fairmount Ave,Oakland, CA 94611
$3,200,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by:willem bos
Office:compass
MLS#:41082352
Source:CRMLS

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Price summary

  • Price:$3,200,000

About this home

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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Home facts

  • Year built:1926
  • Listing Id #:41082352
  • Added:217 day(s) ago
  • Updated:August 20, 2025 at 06:27 PM

Structure and exterior

  • Year built:1926

Finances and disclosures

  • Price:$3,200,000
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