360 Palm Ave Unit 4

About This Home

Welcome home to this beautifully renovated studio apartment at 360 Palm Ave in Oakland. Thoughtfully updated from top to bottom, this charming residence offers modern finishes, comfortable living space, and convenient amenities in a desirable Oakland location. As you enter the home, you'll immediately notice the brand-new luxury vinyl plank flooring that flows throughout the unit, creating a fresh and contemporary feel. The newly renovated kitchen features updated cabinetry, countertops, and fixtures, providing a clean and functional space for everyday living. The completely remodeled bathroom offers modern finishes and a bright, refreshed design. The open studio layout provides plenty of flexibility for arranging your living, sleeping, and dining areas, while large windows allow natural light to fill the space. The unit has been carefully renovated to provide a comfortable and move-in-ready living experience. Additional features include assigned parking, making daily commuting and city living even more convenient. Don't miss this opportunity to rent a brand-new renovated studio apartment with new flooring, a new kitchen, a new bathroom, and parking included. Utilities: The residents are responsible for PG&E and Water. The owner provides landscaping and trash service. A minimum credit score of 661+ required. 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). 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. ($500,000). The City of Oakland's Fair Chance Housing Ordinance requires that rental housing providers display this notice to applicants: 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. 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. *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. *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. *** 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.*** 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 $50 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. This is a non-smoking property, including cannabis. CAL DRE#01897998