New electrical sub and main panels! 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 8.8 GRM and over a 6.3% in place CAP rate.