Oakland, CA 94606,407 Wayne Avenue
Oakland, CA 94606,407 Wayne Avenue
Oakland, CA 94606,407 Wayne Avenue
Oakland, CA 94606,407 Wayne Avenue
Oakland, CA 94606,407 Wayne Avenue
Oakland, CA 94606,407 Wayne Avenue
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$2,100,000

$2,000,000

5.0%
Est.Price: ?

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Est. payment /mo

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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California Regional MLS (CRMLS)
Listed by RICHARD THOMPSON • CB RICHARD ELLIS
Bought with RICHARD THOMPSON • CB RICHARD ELLIS
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