400 Wayne Ave 1, Oakland, California 94606, Oakland, 94606 - 2 bed, 1 bath
400 Wayne Ave 1
Oakland, California 94606
Property Price
SUMMARY
Analysis of 400 Wayne Ave 1, Oakland, California 94606 is currently available with a list price of $549,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Oakland Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although built in 1997, the property has undergone an extensive recent renovation within the last 5 years. The kitchen is fully modernized with stainless steel appliances, quartz countertops, and subway tile backsplashes. The bathroom features updated vanities and fixtures, and the unit boasts contemporary flooring and recessed lighting throughout, presenting a move-in-ready condition that meets current high-quality standards.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Crocker Highlands Elementary School (9/10).
- Prime Lakeside Location
Situated just two blocks from Lake Merritt, the property offers exceptional walkability to the Grand Lake Farmers Market, Trader Joe's, and the vibrant Grand Lake and Lakeshore dining districts.
- Private Outdoor Living
This corner unit features a rare, lush private patio with a garden gate, providing a tranquil space for relaxation and a significant advantage for pet owners compared to typical condo units.
CONSRISKS & DEFICIENCIES
- Single Bathroom Limitation
With two bedrooms but only one bathroom, the layout may be less ideal for roommates or guests, potentially limiting the property's appeal to certain buyer segments.
- Compact Square Footage
At 821 square feet, the interior living area is relatively modest for a two-bedroom configuration, which may feel restrictive for buyers requiring larger common areas or dedicated home office space.
About 400 Wayne Ave 1
Welcome to this elegant and modern corner unit only two blocks from Oakland’s lively Lake Merritt. Situated on the first floor, this 2-bedroom, 1-bathroom home offers 821 sqft of comfortable living. The level-in entrance leads to a tranquil lush patio, perfect for outdoor relaxation, entertaining and a pet. Sit reading a book, scrolling through messages, or just sipping your coffee /wine. Come and go through your garden gate. Inside, enjoy an updated kitchen and bath, along with a convenient in-unit washer/dryer. Experience secure off-street parking, via an elevator, and private storage. Be part of a close-knit, self-managed HOA, with friendly unobtrusive neighbors. Stroll the lakeside trail to the vibrant Grand Lake and Lakeshore districts and take in a movie at the iconic Grand Lake Theatre, or grab your groceries at the bustling Grand Lake Farmers Market and Trader Joe's. Brunch at Lake Chalet or join in trivia night at “your” pub: Portal. Explore dozens of restaurants along Grand and Lakeshore Avenues or just hang out at Walden Pond Books. Shop at small, local businesses, with nearly every kind of shop nearby. With easy access to public transportation, BART and the 580 Freeway, San Francisco is just a short drive away, offering both tranquility and urban convenience. Home!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1997
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $510.0 / Month
Neighborhood Insights
Oakland Unified Schools
Cleveland Elementary School
Grades K-5 • 0.5 mi
Franklin Elementary School
Grades K-5 • 0.7 mi
Lincoln Elementary School
Grades K-5 • 0.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 1.5 | 50% |
| Square foot | 821 | 1,084 | 25% |
| Lot Size | - | 22,614 | 25% |
| Price | $549.0K | $512.0K | 50% |
| Price per sq ft | $669 | $468 | 75% |
| Built year | 1997 | 1973 | 75% |
| HOA | $510.0 | $594 | 50% |
| Days on market | 148 | 148 | 75% |
Pricing History
Listed for Sale
Nov 9, 2025
$549,000
$599,000
-8% Price Drop
Initial Listing
Price Change
Oct 10, 2025
$599,000
Initial Listing