Description

385 Fairmount Ave is situated within a quiet residential neighborhood just minutes from Piedmont Avenue, one of Oakland's top premier retail corridors, offering residents immediate access to boutique shops, acclaimed dining, and historical Oakland sites such as the Landmark Piedmont Theatre. The property is also less than a 15-minute walk from Kaiser Permanente Oakland Medical Center, which operates approximately 345 beds with 1,400-1,500 full-time staff. Occupying one of Oakland's most desirable locations, the property provides stable tenant demand and presents a unique opportunity to drive income growth and long-term asset value through strategic unit renovations. In addition, the asset benefits from its proximity to downtown Oakland/Uptown, offering a diverse array of eateries and shopping options as well as access to cultural institutions, including the Oakland Museum of California, Fox Theater, Paramount Theatre and more.