410 Fairmount Ave Listing Details & Market Data

Nestled in one of Oakland's most desirable pockets, just west of Adams Point on Fairmount Avenue, lies an exceptional multifamily property that exudes both comfort and convenience. Boasting an enviable location, this property is situated less than one mile north of the iconic Lake Merritt and immediately adjacent to i580 and i980, providing easy access to major employment hubs and attractions in San Francisco, Downtown Oakland, San Jose, and Fremont. With effortless access to these bustling areas, tenants can enjoy all that the Bay Area has to offer. For those who rely on public transportation, the property is conveniently located minutes from the 19th Street Oakland BART station, providing access to the greater Bay Area. From weekend trips to San Francisco's iconic Golden Gate Bridge to attending concerts and sporting events at the newly built Chase Center, the possibilities are endless. This property offers tenants the best of both worlds: a serene oasis in one of Oakland's most sought-after neighborhoods and convenient access to the heart of the Bay Area's attractions. With its unbeatable location and close proximity to major transportation hubs, this property represents an unparalleled investment opportunity that is sure to attract high-quality tenants and generate substantial long-term value.The Kilpatrick team is proud to offer for sale 410 Fairmount Avenue, a timeless eighteen-unit apartment building comprising of a single free-standing 3-story building. This classic complex features a highly desirable unit mix, including (2) spacious studios, (10) one-bedroom units, and (6) sizeable two-bedroom units. 410 Fairmount represents a unique investment opportunity for discerning investors seeking to acquire a lucrative and stable asset in the coveted Westlake neighborhood of Oakland. This cash-flowing property offers significant rental upside potential and is ideally positioned to deliver long-term returns through unit remodels/upgrades. With meticulous attention to detail and a focus on tenant satisfaction, this property is sure to impress even the most astute investor.