$2,100,000
$2,000,000
5.0%For more information regarding the value of a property, please contact us for a free consultation.
7,405 Sqft Lot
SOLD DATE : 09/05/2019
Key Details
Sold Price $2,100,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision China Hill
MLS Listing ID 40874462
Sold Date 09/05/19
HOA Y/N No
Year Built 1940
Lot Size 7,405 Sqft
Acres 0.17
Property Description
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!!! Views: Downtown
Location
State CA
County Alameda
Zoning RU-3
Interior
Heating Forced Air, Natural Gas
Flooring Laminate, Tile, Wood
Fireplace No
Appliance Gas Water Heater
Exterior
Garage Garage, Garage Door Opener
View Y/N Yes
View City Lights, Lake
Parking Type Garage, Garage Door Opener
Building
Lot Description Sloped Down
Sewer Shared Septic
Others
Tax ID 0220308013
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with RICHARD THOMPSON • CB RICHARD ELLIS
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