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401-407 Wayne Ave
Oakland, CA 94606
Multifamily Property For Sale
·
4 Units
PROPERTY FACTS
| No. Units | 4 | Building Size | 5,288 SF |
| Property Type | Multifamily | Average Occupancy | 75% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1940 |
| Building Class | C | Parking Ratio | 10/1,000 SF |
| Lot Size | 0.17 AC | ||
| Zoning | RU-3 | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 5,288 SF |
| Average Occupancy | 75% |
| No. Stories | 2 |
| Year Built | 1940 |
| Parking Ratio | 10/1,000 SF |
| Zoning | RU-3 |
AMENITIES
UNIT AMENITIES
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Storage Space
- Kitchen
- Hardwood Floors
- Refrigerator
- Range
- Tub/Shower
- Views
- Basement
- Dining Room
SITE AMENITIES
- Laundry Facilities
- Gas Range
ABOUT 401-407 WAYNE AVE , OAKLAND, CA 94606
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 for additional density? All units are large, ±1.200 SF, two bedroom, two bath. The rooms are large with hardwood floors. Heat is individual forced air. The roof and windows have been replaced in recent years. The upper units have balconies overlooking Lake Merritt. Each unit has garage parking that can include a tandem 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 401 Wayne Avenue location fronting Lakeshore Avenue is most desirable, access from Lakeshore Avenue via Hanover Avenue. Proximity to the Oakland BART stations and freeways is excellent. Downtown Oakland is in easy walking distance. The Lakeshore and Grand Avenue retail areas are close by as well. Walk Score: 83-Very Walkable Transit Score: 70-Excellent Transit Bike Score: 86-Very Bikeable Open 12-1 PM on 7/18, 7/21, 7/22 & 7/25 or by appointment.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 4 | $4,250 | 1,200 |
PROPERTY TAXES
| Parcel Number | 022-0308-013-00 | Improvements Assessment | $1,915,936 |
| Land Assessment | $688,986 | Total Assessment | $2,604,922 |
PROPERTY TAXES
