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304 Fairmount Ave, Oakland, CA, 94611

4beds
0baths
3,836sqft
$1,100,000
$287price/sqft
$8,337/moest. monthly cost
$333,480/yrincome needed

About This Home

Timeless Oakland Fourplex in a Prime Location with Incredible Upside! 304 Fairmount Ave features four generously sized 1-bedroom, 1-bath units within a classic property full of vintage charm and character. Conveniently situated near BART, Lake Merritt, popular restaurants, grocery stores, and daily essentials, this property offers exceptional accessibility and neighborhood appeal. An attractive opportunity for investors or owner-users seeking a property with strong income potential, future growth, and value-add possibilities in one of Oakland’s most sought-after areas. Attributes: Beautiful Spanish architectural treatments Oak floors, French doorways Vintage bathroom fixtures Four single garages Attractive front and side yards Wide staircase at entrance Large basement area for additional rental potential Partially updated new windows Excellent corner location east of downtown and north of Lakeshore

Getting Around

90
WalkingVery Walkable
63
TransitGood Transit
76
BikeVery Bikeable

Schools

2/10
Westlake Middle SchoolGrades 6-80.2 mi
8/10

Construction

Condition

  • Year built: 1928

Materials

  • Roof: Composition

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family,Quadruplex

Interior

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 4

Features

  • Flooring: Carpet

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: See Remarks

Interior Area

  • Total structure area: 3,836
  • Total interior livable area: 3,836 sqft

Property

Details

  • Parcel number: 1080417
  • Attached to another structure: Yes
  • Special condition: Subject to Court Confirmation
  • Other equipment: None

Features

  • Fencing: Partial Fence

Lot

  • Lot size: 6,250 sqft
  • Features: Garden,Landscaped,Landscape Front

Parking

  • Parking features: Detached
  • Has garage: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Heat Wave

FEMA Declared Disasters in Alameda County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Straight Line Winds
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,562$66,744
Home Insurance *$287$3,444
Property Taxes $1,666$19,992
Electricity $822$9,870
Total$8,337$100,044
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$285,840/yr
40% on housing$250,110/yr
45% on housing$222,320/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.9%
6.9%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 2.0%
2.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$287This listing

vs Other Active Listings

Avg $/sqft

ZIP 94611$524
Alameda County$497

vs Homes Sold Last Month

Median $/sqft

ZIP 94611$662
Alameda County$664

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-07-24Price change$1,100,000
2026-05-22Listed for sale$1,200,000
2025-08-02Listing removed$2,000,000
2025-05-01Listed for sale$2,000,000
2010-09-08Sold$520,000

For Sale by Agent

AgentRuben Martinez
BrokerageFiduciary Real Estate Services

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