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Off market
  • $475,300

    311 Oak St APT 338, Oakland, CA 94607

    1beds
    1baths
    1,200sqft
    Apartment
    Built in 2003
    -- sqft lot
    $475,300 Zestimate®
    $396/sqft
    $2,722 Estimated rent

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    $2,722/mo

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    $2,722/mo

    Rent Zestimate®

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    $3,594/mo

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    $3,594/mo

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    What's special

    Please Note: Do not apply to rent online "sight unseen." Applications will not be considered prior to viewing. Unique, one-bedroom loft in the Sierra at Jack London Square condo building just blocks from Lake Merritt and an easy short commute to the Merritt BART station, Amtrak and ferry services. The loft has exposed concrete finishes, huge windows, and vaulted ceilings. Fantastic kitchen design integrated into living space features stainless steel appliances featuring, microwave, refrigerator, dishwasher, garbage disposal unit, electric glass-top stove, and convection oven. A staircase leads to the bedroom on the mezzanine with carpet in the bedroom. The large bathroom features a shower with a bathtub and a stackable washer/dryer. Your unit has an optional separate secured parking space inside the Building's gated parking area. Parking can be included for an additional $100/month! Great location, which means you'll be close to everything Oakland has to offer. Area: In the heart of Jack London Square, thriving business and entertainment districts, The Oakland Estuary Boardwalk, Chinatown, and downtown Oakland. Ideally situated just blocks from 880, the Amtrak Station, the San Francisco Ferry stop at Jack London Square, BART, and other forms of public transit. Within 30 minutes of the San Francisco International Airport and just a short 10-minute drive to the Oakland International Airport. Utilities: The resident is responsible for PG&E, Cable, and Internet services. Parking is included for only $100/month! The owner provides water and trash service. A minimum credit score of 670 required. 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. This is a non-smoking property, including cannabis. Pets considered. Breed and size restrictions apply. Approved pet application required. 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. 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. If someone requests information on you or your rental history for law-enforcement, governmental or business purposes, we may provide it. CAL DRE#01897998

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1.5
    Cooling
    • None
    Appliances
    • Included: Dryer, Washer
    • Laundry: In Unit
    Features
    • Flooring: Carpet, Hardwood
    Interior area
    • Total interior livable area: 1,200 sqft

    Property

    Parking
    • Parking features: Garage - Detached
    Features
    • Has view: Yes
    • View description: Territorial
    Lot
    • Size: 1.38 Acres
    Details
    • Parcel number: 1222238

    Construction

    Type & style
    • Home type: Apartment
    Materials
    • concrete
    Condition
    • Year built: 2003

    Community & neighborhood

    Community
    • Community features: Fitness Center
    Location
    • Region: Oakland

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $636 monthly

    Other

    Other facts
    • Cable not included in rent
    • Concierge
    • Gigabit Internet Available
    • Laundry: In Unit
    • Open Floor Plan
    • Parking Type: Garage
    • Utilities fee required
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    Estimated market value
    $475,300