410 Fairmount Ave, Oakland, CA 94611

$3,200,000

Add to Favorites New Search

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Listed by Willem Bos, (916) 698-9954 from COMPASS
(If provided) CoList: from

Sold listing courtesy of Willem Bos from OBBCOMP

Add to Favorites

Sold Price: $3,200,000
List Price: $3,650,000
Closing Date: Aug 19, 2025
MLS#: EB41082352
Status: SOLD
Lot Size: 7,250
Listing Area: Oakland Zip Code 94611
Year Built: 1926

New Search

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.

(408) 425-9359

Search All Properties

Additional Information

Acres: 0.17
Age: 99
Amenities: Other
Cooling System: None
Days On Market: Unknown
Exterior Features: Other
Floor Covering: Tile, Vinyl, Carpet - Wall to Wall, Wood
Garage Parking: Underground Parking
Laundry Facilities: Washer, Dryer
Lot Description: Grade - Sloped Down
Lot Size: 7,250
Neighborhood: Oakland Zip Code 94611
Numberof Units: 18
Other Rooms: Basement - Storage Area
Roof: 30
Unincorporated Yn: Yes

Add to Favorites

Add to Favorites New Search

Mortgage Calculator

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than Real Estate Company are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents.
Based on information from MLSListings MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.