77 Fairmount Ave 220, Oakland, California 94611, Oakland, 94611 - 2 bed, 2 bath
77 Fairmount Ave 220
Oakland, California 94611
Property Price
SUMMARY
Analysis of 77 Fairmount Ave 220, Oakland, California 94611 is currently available with a list price of $399,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Oakland Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready with notable interior updates including granite countertops, stainless steel appliances, and renovated bathrooms. While the building was constructed in 1970, the unit features well-maintained flooring, contemporary paint, and updated fixtures that align with the 'good' condition criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Investment Location
Situated in the highly desirable Adams Point neighborhood, the property offers excellent proximity to Lake Merritt and downtown Oakland, ensuring strong long-term demand.
- Immediate Cash Flow
The property is a turnkey investment opportunity with reliable tenants already in place and paying rent, providing instant income for the new owner.
- Modern Interior Upgrades
The unit features contemporary finishes including granite countertops, stainless steel appliances, and updated bathrooms, reducing the need for immediate capital improvements.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
The association fee of $846 per month is significantly high, which may impact the net ROI for investors and overall affordability for owner-occupants.
- Building Age
Constructed in 1970, the building may lack modern energy-efficient features and could face higher long-term maintenance costs compared to newer developments.
- Inconsistent School Ratings
While the elementary and high schools are highly rated, the assigned middle school has a low rating of 2, which may be a concern for families prioritizing education.
About 77 Fairmount Ave 220
Terrific investment opportunity in Adams Point! Tenants in place and paying rent! Lovely two bedroom, two bath condominium home in Adams Point. Featuring granite counters, stainless steel appliances and updated baths. Very large bedrooms. Lovely view overlooking the pool and downtown Oakland.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1970
- Lot Size
- 29,285 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $846.0 / Month
Neighborhood Insights
Oakland Unified Schools
Lincoln Elementary School
Grades K-5 • 1.2 mi
Westlake Middle School
Grades 6-8 • 0.1 mi
Oakland Technical High School
Grades 9-12 • 1.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 1.0 | 59% |
| Baths | 2.0 | 1.0 | 77% |
| Square foot | 1,165 | 771 | 95% |
| Lot Size | 29,285 | 23,006 | 64% |
| Price | $399.0K | $389.5K | 50% |
| Price per sq ft | $342 | $501 | 5% |
| Built year | 1970 | 1971 | 45% |
| HOA | $846.0 | $528 | 91% |
| Days on market | 30 | 175 | 5% |
Pricing History
Listed for Sale
Feb 5, 2026
$399,000
Initial Listing
Sold
Apr 5, 2012
$180,000
Public Record
Sold
Oct 23, 2006
$412,500
Public Record