Charming Updated 1 Bedroom Apartment in Oakland Adams Point Neighborhood

TO SCHEDULE TOUR: For the fastest response, please text our Leasing Assistant Elon Graham at 510-993-4600 M-S between 7 AM and 6 PM or send an email to team@adventpropertiesinc.com with your contact information.

Welcome to this charming apartment located in Oakland's highly desirable Adams Point neighborhood, just moments from the scenic shores of Lake Merritt. Offering a blend of comfort, convenience, and location, this home is perfect for anyone looking to enjoy Oakland living.

Inside, you'll find a bright and welcoming living space filled with natural light, creating a warm and comfortable atmosphere. The thoughtfully designed layout provides a functional living area, a well-equipped kitchen with ample cabinet and counter space, and a comfortable bedroom with plenty of closet storage. Fresh finishes and modern touches throughout the home make it move-in ready and easy to enjoy from day one.

Residents will also enjoy the convenience of shared on-site laundry facilities, and garage off street parking making everyday living even easier.

Located just minutes from Downtown Oakland, Lake Merritt, Jack London Square, and Uptown Oakland, this apartment places you close to some of the city's best dining, shopping, and entertainment destinations. Commuters will appreciate the easy access to public transportation, BART, and major Bay Area freeways.

Utilities Included: Trash/Recycling & Water

Tenant responsible for: PG&E

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 application).

Minimum credit score required: 661

The City of Oakland's Fair Chance Housing Ordinance requires that rental housing providers display this notice to applicants:
https://cao-94612.s3.amazonaws.com/documents/Fair-Chance-Ordinance.Tenant-Notice.10.5.2020.pdf

If you both:
* DO have a government rent subsidy
AND
* Are choosing to submit alternative evidence
of your ability to pay rent to be considered
instead of your credit history

Please contact us for further information.

This is a non-smoking property, including cannabis.

**Move-in date must be 30 days or less from date of application submission.**

*** 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. Approved applicants must sign lease within 72 hours of receipt of lease. Security Deposit in certified funds is due within 72 hours of lease signing. Tours will continue until a lease is signed.

A minimum credit score of 661 required.

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 661+ (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.

*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.