55 Fairmount Ave APT 116, Oakland, CA 94611

The special promotion of two months' free rent will be applied to the regular rent of $2295 as monthly rent credits for a 12-month lease term to well-qualified applicants only. Please Note: Do not apply to rent online "sight unseen." Applications will not be considered prior to viewing. TO SCHEDULE TOUR: Please call us to schedule your personal tour. 1 BR/ 1 BA condo, 693 sq ft, for rent in the desirable Lake Merritt/Adams Point area of Oakland. Two blocks from Lake Merritt, Whole Foods, Grand Ave, Broadway (CVS, Sprouts, Grocery Outlet), and not far from Piedmont Ave. Close to bus routes and 580 HWY entrance. 15 min walk to BART. - Private & peaceful: no adjacent units on 4 sides, views of green foliage from the kitchen and bedroom - Dedicated parking spot and bike rack in secured basement garage - Small balcony fronts the pool courtyard. Enjoy your morning coffee in the sun! - Granite kitchen counters, dishwasher, sink disposal - Spacious living room with decorative fireplace - Lots of cabinet and closet space - 4-story building with swimming pool, elevator, secured garage parking, laundry room on each floor - Owner pays the trash and water costs; tenant pays monthly gas & electric Special promotion of two months' free rent is applied to the regular rate of $2,295/month, as credit for a 12-month lease term to qualified applicants, resulting in a $1,913/mo rate for the first year. Please call us to schedule a tour before applying. Monkeybrains internet service can be provided upon request. Monkeybrains customers in our building should expect minimum upload and download speeds of 100Mbps, at a cost of $35 per month; the company will also charge you a one-time set-up fee of $100, which will also include your first month of service. Renter's Insurance required for this property before move-in, with Advent Properties Inc., listed as additional interest. Renter's Insurance does not include earthquake coverage. Each adult (18+) who will be residing in the rental unit must complete and sign an application, provide all necessary supporting documents, including a government-issued photo ID, and pay the application fee. Incomplete applications will not be processed. Submit a $45 non-refundable application fee, payable to Advent Properties, Inc., for each application. This must be paid with Cashier's Check or Money Order. We take this in order to run the credit check. Personal credit reports from other agencies NOT accepted. Mail or personally deliver all documents to Advent Properties, Inc. 1600 MacArthur Blvd. Oakland, CA 94602. There is an after-hours secured mail slot you can place your information into as well on front door of office. Please have documents secured together. The application process usually takes three (3) business days after receipt of complete application, supporting documentation, and application fee. *One (1) applicant: 2.2 x the monthly rental rate in verifiable monthly net income is required. Two (2) applicants: 3.3 x the monthly rental rate in verifiable, combined monthly net income is required. Three (3) applicants: 4.4x the monthly rental rate in verifiable, combined monthly net income is required. Four (4) applicants: 5.5 x the monthly rental rate in verifiable, combined monthly net income is required. Five (5) applicants: 6.6 x the monthly rental rate in verifiable, combined monthly net income is required. Net income is calculated by taking the applicant's take-home pay and subtracting the monthly debt service as reported in the applicant's credit report. *Verifiable monthly income must be documented by the most recent two (2) months pay stubs for the applicant. Offers of employment must contain initial employment day within thirty (30) days of application, and the total salary stated in the offer of employment will be discounted to 60% to calculate monthly income. *If cash reserves are used to qualify, the cash reserves amount must be equivalent to the above income requirements for the duration of the initial term of the tenancy. The cash reserves must be in the applicant's account(s) for a minimum of six (6) months. Only cash or cash equivalents will be considered (e.g., CDs, money market funds, etc). Retirement accounts are not considered unless the applicant is of age for penalty-free withdrawal. *Each applicant must have a minimum credit score of 650+ (based on VantageScore 3.0) to qualify. Note, some properties have different credit score requirements, please refer to the advertisement for actual requirement. *Each applicant must have two (2) years of established credit history in good standing (e.g. no delinquency, collection, or other negative remarks). *No prior Evictions on your record. *A positive (not neutral) landlord reference from the most recent two landlords is required. *If you have a pet, you must request a separate pet application from us and submit the completed pet application at the same time you submit the rental application. *As a property owner or manager we do not discriminate in the rental of property on the basis of "race, color, religion, sex, gender, age, gender identity, gender expression, sexual orientation, marital status, national origin, ancestry, familial status, source of income, disability, veteran or military status, or genetic information". *Advent Properties, Inc. trusts that all material in the flyer to be correct and assumes no legal responsibility for the accuracy. All information is subject to change or withdrawal without further notice. This is a non-smoking property, including cannabis. One (1) small cat or dog (under 25lbs) considered. To be considered, the pet must be spayed/neutered and properly vaccinated (proof required as part of the application). Upon approval of the application, applicant(s) will have 48 hours to obtain utilities in their name(s) and renters insurance PRIOR to receiving the lease agreement. Move-in date must be 30 days or less from the date of application approval. CAL DRE#01897998