407 Wayne Avenue, OAKLAND

$2,000,000

0 Beds
0 Baths
7,313 Sqft
.17 Acres
0 Garages

407 Wayne Avenue is a classic 1940 vintage, four-unit, pride of ownership property with commanding views of Lake Merritt and beyond. The building is ±5,288 SF on a ±7,313 SF parcel zoned RU-3 which may allow additional density? All units are large two-bedroom, two-bath, ±1,200 SF. All are corner units with good light. The rooms are large and have hardwood floors. Cooking is gas. The heat is individual forced air. PG&E is separately metered. The roof and windows have been replaced in recent years. The upper units have balconies overlooking Lake Merritt. That space in the lower units overlooking Lake Merritt is enclosed. Each unit has garage parking that can include a tandem parking space. The open parking area is large. The units are ideal for rental or owner occupancy. The like building contiguous has been converted to condominiums. The 407 Wayne Avenue location, fronting Lakeshore Avenue, is accessed from Lakeshore Avenue via Hanover Avenue. See detailed Offering Memorandum!!!

Essential Information
MLS® #40874462
Price$2,000,000
Square Footage7,313
Acres0.17
Year Built1940
TypeResidential Income
Sub-TypeFOURPLEX
StatusPending
Community Information
Address407 Wayne Avenue
AreaOakland Zip Code 94606
SubdivisionCHINA HILL
CityOAKLAND
CountyAlameda
StateCalifornia
Zip Code94606
Amenities
Parking Spaces8
ParkingGarage Parking, Parking Area
ViewCity Lights, Downtown, Lake
Features

Balcony/Patio, Cable TV, Wired For, Extra Storage

Interior
HeatingForced Air 1 Zone, Gas
CoolingNo Air Conditioning
Exterior
ExteriorStucco
Lot DescriptionDown Slope
RoofUnknown
School Information
DistrictOakland (510) 879-8111
Additional Information
Date ListedJuly 16th, 2019
ZoningRU-3
Listing Details
AgentRichard Thompson
OfficeCB RICHARD ELLIS
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Listing information last updated on August 21st, 2019 at 2:45am PDT.