410 Fairmount Ave,
Oakland, CA 94611
在售房 $3,675,000 ($367.5萬)
卧室: -- 浴室: -- / 其他類型
房屋信息

其他類型

7250 平方英呎
(674平方米)

1926 年

15 停車位

冷: NO

2025年01月14日
已上市 1 天

地產編號: 41082352
所處郡縣: ALA
面積單價:$225.38/sq.ft ($2,426 / 平方米)
房屋簡介

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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