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| 2BR/1.0BA | 2 bed | 1 bath | 760 sqft | $2,495 /mo | 1 unit available | Welcome to your newly updated apartment home! This two bedroom one bathroom unit comes with new laminate flooring, incredible natural light as well as one dedicated parking space. As you enter the unit you will notice the lovely renovated kitchen equipped with a brand new electric stove, dishwasher & combo washer/dryer. As you continue through the apartment you will be delighted at how spacious the bedrooms including their ample closet space. Tenant is responsible for: PG&E Owner is responsible for Trash, Water & Landscaping Credit Score: 661+ Contact management for parking availability 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. *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 the application). 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 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. 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. 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.. |
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Appliances
| Dishwasher | In-Unit Laundry |
| Refrigerator | Washer and Dryer |
One-time.
One-time. Refundable.
No pets allowed.
Questions about this property’s policies and fees?
| Units | 8 |
|---|
Welcome to your newly updated apartment home! This two bedroom one bathroom unit comes with new laminate flooring, incredible natural light as well as one dedicated parking space. As you enter the unit you will notice the lovely renovated kitchen equipped with a brand new electric stove, dishwasher & combo washer/dryer. As you continue through the apartment you will be delighted at how spacious the bedrooms including their ample closet space. Tenant is responsible for: PG&E Owner is responsible for Trash, Water & Landscaping Credit Score: 661+ Contact management for parking availability 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. *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 the application). 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 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. 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. 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..
How 296 Lester compares to other nearby properties.
Positives
Considerations
2-bedroom apartments at 296 Lester cost about 13% less than the average rent price for 2-bedroom apartments in Cleveland Heights.
| Month | Median Rent |
|---|---|
| September 2024 | $1,645 |
| October 2024 | $1,625 |
| November 2024 | $1,633 |
| December 2024 | $1,595 |
| January 2025 | $1,595 |
| February 2025 | $1,595 |
| March 2025 | $1,632 |
| April 2025 | $1,595 |
| May 2025 | $1,585 |
| June 2025 | $1,591 |
| July 2025 | $1,594 |
| August 2025 | $1,564 |
| September 2025 | $1,567 |
| October 2025 | $1,591 |
| November 2025 | $1,595 |
| December 2025 | $1,596 |
| January 2026 | $1,598 |
| February 2026 | $1,595 |
| March 2026 | $1,561 |
| April 2026 | $1,556 |
| May 2026 | $1,596 |
| June 2026 | $1,610 |
| July 2026 | $1,621 |
| August 2026 | $1,651 |
| September 2026 | $1,654 |
| Month | Median Rent |
|---|---|
| September 2024 | $1,695 |
| October 2024 | $1,723 |
| November 2024 | $1,741 |
| December 2024 | $1,746 |
| January 2025 | $1,761 |
| February 2025 | $1,761 |
| March 2025 | $1,753 |
| April 2025 | $1,711 |
| May 2025 | $1,706 |
| June 2025 | $1,702 |
| July 2025 | $1,706 |
| August 2025 | $1,757 |
| September 2025 | $1,795 |
| October 2025 | $1,791 |
| November 2025 | $1,758 |
| December 2025 | $1,784 |
| January 2026 | $1,795 |
| February 2026 | $1,775 |
| March 2026 | $1,732 |
| April 2026 | $1,721 |
| May 2026 | $1,733 |
| June 2026 | $1,695 |
| July 2026 | $1,700 |
| August 2026 | $1,767 |
| September 2026 | $1,761 |
Can I afford to live at 296 Lester Ave?
Bedrooms
2 bedroomsRent-to-income ratio
30%
$99,800/yr
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