Highlights
- Spacious living room
- Street parking
- Classic hardwood flooring
Location
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Property management
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1516 1st Ave rates exceptionally well, achieving a Zumper expert rating of 9.4, showcasing its competitive pricing and impressive amenities, including a spacious living room and classic hardwood flooring. Located conveniently near top-rated schools and popular points of interest, this property stands out for its value, earning an 81.58 percentile ranking. Additionally, it demonstrates transparency and trustworthiness while offering great street parking options.
Things you’ll love
| 1BR/1.0BA | 1 bed | 1 bath | 550 sqft | $1,595 /mo | 1 unit available | Important: Please do not apply online "sight unseen." Applications will not be considered prior to viewing. TO SCHEDULE TOUR: For fastest response, please call the Leasing Associate Tyler Powell at 510-610-9699. M-F between 9AM and 4PM or send an email to **** with your contact information. As you walk in, you will be pleasantly surprised by this delightful junior one bedroom apartment in an incredible location. With classic hardwood flooring and a spacious living room, you won't need to look much further. With the Lake Merritt just around the corner, you are provided with everything one would need to make this grand apartment your new home! Surrounding Area: Not only are you just a cross-walk away from the lake, but you are walking distance from some of Oakland's premier food establishments: Grand Lake Kitchen, Grand Tavern, The Star, Hunan Village, Colonial Donuts, Flipside, The Juice Bar, Modigliani Cafe, QI Dumpling Lounge, etc. Don't forget you are just minutes away from Grand Lake Theater, Safeway, and Trader Joes. This location is everything... Won't last long... Utilities: Tenant is responsible for PG&E Owner Provides: Trash & Water Street parking is available for permit holders. Limitations and costs apply. Please contact City of Oakland for more information. 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. 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.. |
Let's explore this property.
Apartment Amenities
| Claw Foot Tub | Hardwood Floor |
No pets allowed.
Questions about this property’s policies and fees?
| Units | 12 |
|---|
Important: Please do not apply online "sight unseen." Applications will not be considered prior to viewing. TO SCHEDULE TOUR: For fastest response, please call the Leasing Associate Tyler Powell at 510-610-9699. M-F between 9AM and 4PM or send an email to **** with your contact information. As you walk in, you will be pleasantly surprised by this delightful junior one bedroom apartment in an incredible location. With classic hardwood flooring and a spacious living room, you won't need to look much further. With the Lake Merritt just around the corner, you are provided with everything one would need to make this grand apartment your new home! Surrounding Area: Not only are you just a cross-walk away from the lake, but you are walking distance from some of Oakland's premier food establishments: Grand Lake Kitchen, Grand Tavern, The Star, Hunan Village, Colonial Donuts, Flipside, The Juice Bar, Modigliani Cafe, QI Dumpling Lounge, etc. Don't forget you are just minutes away from Grand Lake Theater, Safeway, and Trader Joes. This location is everything... Won't last long... Utilities: Tenant is responsible for PG&E Owner Provides: Trash & Water Street parking is available for permit holders. Limitations and costs apply. Please contact City of Oakland for more information. 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. 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..
How 1516 1st Ave compares to other nearby properties.
Positives
Considerations
1-bedroom apartments at 1516 1st Ave cost about 16% less than the average rent price for 1-bedroom apartments in Merritt.
| Month | Median Rent |
|---|---|
| November 2023 | $1,663 |
| December 2023 | $1,643 |
| January 2024 | $1,694 |
| February 2024 | $1,582 |
| March 2024 | $1,581 |
| April 2024 | $1,595 |
| May 2024 | $1,595 |
| June 2024 | $1,589 |
| July 2024 | $1,617 |
| August 2024 | $1,626 |
| September 2024 | $1,648 |
| 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 |
| Month | Median Rent |
|---|---|
| November 2023 | $1,721 |
| December 2023 | $1,627 |
| January 2024 | $1,695 |
| February 2024 | $1,802 |
| March 2024 | $1,801 |
| April 2024 | $1,795 |
| May 2024 | $1,755 |
| June 2024 | $1,715 |
| July 2024 | $1,668 |
| August 2024 | $1,646 |
| September 2024 | $1,545 |
| October 2024 | $1,598 |
| November 2024 | $1,601 |
| December 2024 | $1,595 |
| January 2025 | $1,604 |
| February 2025 | $1,618 |
| March 2025 | $1,695 |
| April 2025 | $1,651 |
| May 2025 | $1,617 |
| June 2025 | $1,595 |
| July 2025 | $1,556 |
| August 2025 | $1,646 |
| September 2025 | $1,493 |
| October 2025 | $1,610 |
Can I afford to live at 1516 1st Ave?
Bedrooms
1 bedroomRent-to-income ratio
30%
$63,800/yr
1100 third ave
oakland, CA, 94606
8251 fontaine st
oakland, CA, 94605