3 Bed House in Oakland

Advent- Live/Work Loft Available Move in special Flexible lease term - Please Note: Do not apply to rent online "sight unseen." Applications will not be considered prior to viewing. TO SCHEDULE TOUR: Please call our office at 510-250-7918 to schedule a viewing. Unit available in the flagship building for Jack London Square district in a historically registered former Safeway headquarters. Spacious with a full kitchen and en-suite restroom. Separate conference rooms along with an open desk area and private offices easily are converted into bedrooms. A six-story building with a fantastic lobby modern in design. The building has been seismically upgraded. Security call box system onsite. The ground and second floor are commercial spaces and the other floors are residential. Two car garage parking on-site with the use of car lift. This is a must-see! Space is very flexible and can be used for the following: office, training center, live workspace, and a multitude of business opportunities. Perfect location for an Entrepreneurial Individual that is looking for a location with heavy foot traffic and accessibility. *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). All tenant improvements, Business Permits and/or Licenses to operate your business are to be obtained and/or completed and paid for by you, the new business owner/operator. Area: Historic Jack London Waterfront Warehouse District. Immediate access to I-880 & minutes to the Bay Bridge toll plaza. Short distance to Lake Merritt BART & Oakland ferry terminal. One block to Amtrak station. Close proximity to all Jack London Square shopping, restaurants, cinemas & waterfront. Utilities: Tenant is responsible for PG&E, CABLE, and Internet services. The owner is responsible for Trash services. Sq footage is an approximation. Sq footage may be greater or less than stated. A minimum credit score of 670 required. *** Upon approval of the application, applicant(s) will have 48 hours to obtain utilities in their name(s) and commercial 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 $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 650+ (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. CAL DRE#01897998 (RLNE6051671)

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