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400 Wayne Ave 1, Oakland, California 94606, Oakland, 94606 - 2 bed, 1 bath

400 Wayne Ave 1, Oakland, California 94606 home-pic-0
ACTIVE$549,000
400 Wayne Ave 1, Oakland, California 94606
2Beds
1Bath
821Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Great Schools: Elementary School: Crocker Highlands Elementary School (9/10).
Top Cons:
High Monthly HOA Dues: The $510 monthly HOA fee is relatively high for an 821 sqft, 2-bedroom, 1-bathroom unit, which could be a significant consideration for potential buyers.

Compared to the nearby listings

Price:$549.0K vs avg $462.0K (+$87,000)75%
Size:821 sqft vs avg 1,074 sqft25%
Price/sqft:$669 vs avg $40275%

More Insights

Built in 1997 (28 years old).
Condition: Built in 1997, this unit benefits from explicitly stated 'updated kitchen and bath.' The kitchen images confirm this with modern stainless steel appliances, contemporary concrete-style countertops, and well-maintained dark wood shaker cabinets. Flooring throughout the living areas and bedrooms appears to be in good condition. While the exact renovation date isn't specified, the visible updates suggest a renovation within the last 5-15 years, making the property move-in ready with minimal wear and tear. The overall condition is clean and well-maintained, aligning with the 'Good' criteria.
Year Built
1997
Close
-
List price
$549K
Original List price
$599K
Price/Sqft
$669
HOA
$510
Days on market
-
Sold On
-
MLS number
41114416
Home ConditionGood
Features
Patio
View-

About this home

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!

Nearby schools

7/10
Cleveland Elementary School
Public,•K-5•0.5mi
3/10
Franklin Elementary School
Public,•K-5•0.7mi
8/10
Lincoln Elementary School
Public,•K-5•0.8mi
4/10
Bella Vista Elementary School
Public,•K-5•0.9mi
3/10
Garfield Elementary School
Public,•K-5•1.5mi
9/10
Crocker Highlands Elementary School
Public,•K-5•1.5mi
3/10
Manzanita Seed
Public,•K-5•1.7mi
2/10
Piedmont Avenue Elementary School
Public,•K-5•1.8mi
5/10
Glenview Elementary School
Public,•K-5•1.8mi
3/10
International Community School
Public,•K-5•2.0mi
5/10
Think College Now School
Public,•K-5•2.0mi
6/10
Henry Haight Elementary School
Public,•K-5•2.3mi
3/10
La Escuelita Elementary School
Public,•K-8•0.6mi
2/10
Westlake Middle School
Public,•6-8•0.9mi
4/10
Roosevelt Middle School
Public,•6-8•1.2mi
6/10
Edna Brewer Middle School
Public,•6-8•1.2mi
4/10
Urban Promise Academy
Public,•6-8•2.1mi
3/10
United For Success Academy
Public,•6-8•2.3mi
2/10
Bret Harte Middle School
Public,•6-9•2.5mi
5/10
Will C. Wood Middle School
Public,•6-8•2.8mi
4/10
Oakland High School
Public,•9-12•0.9mi
7/10
Oakland Technical High School
Public,•9-12•2.0mi
2/10
Oakland International High School
Public,•9-12•2.1mi
7/10
Encinal Junior/Senior High
Public,•6-12•2.9mi
2/10
Fremont High
Public,•9-12•3.1mi
4/10
Skyline High School
Public,•9-12•4.9mi
Condition Rating
Good
Built in 1997, this unit benefits from explicitly stated 'updated kitchen and bath.' The kitchen images confirm this with modern stainless steel appliances, contemporary concrete-style countertops, and well-maintained dark wood shaker cabinets. Flooring throughout the living areas and bedrooms appears to be in good condition. While the exact renovation date isn't specified, the visible updates suggest a renovation within the last 5-15 years, making the property move-in ready with minimal wear and tear. The overall condition is clean and well-maintained, aligning with the 'Good' criteria.
Pros & Cons

Pros

Great Schools: Elementary School: Crocker Highlands Elementary School (9/10).
Exceptional Location & Lifestyle: Situated just two blocks from Oakland’s lively Lake Merritt, this property offers unparalleled access to the vibrant Grand Lake and Lakeshore districts, featuring abundant dining, shopping, entertainment, and the popular Grand Lake Farmers Market.
Private Outdoor Oasis: The unit boasts a tranquil, lush, level-in patio with a private garden gate, providing an ideal space for outdoor relaxation, entertaining, and accommodating pets.
Updated & Convenient Living: Enjoy modern comforts with an updated kitchen and bath, complemented by the highly desirable convenience of an in-unit washer/dryer.
Secure Parking & Storage: The property includes secure off-street parking, accessible via an elevator, along with valuable private storage, enhancing both convenience and security for residents.
Commuter-Friendly Access: Benefit from easy access to public transportation, including BART, and the 580 Freeway, ensuring a quick and convenient commute to San Francisco and other Bay Area destinations.

Cons

High Monthly HOA Dues: The $510 monthly HOA fee is relatively high for an 821 sqft, 2-bedroom, 1-bathroom unit, which could be a significant consideration for potential buyers.
Modest Square Footage: With 821 sqft, the unit's size may be considered compact for some buyers, particularly those seeking more expansive living space for a 2-bedroom layout.
Recent Price Reduction: The property has experienced a notable price reduction from its original listing of $599,000 to $549,000, which might indicate initial overpricing or market resistance.

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