Properties

Comm Ri Multi-units 5+ For Sale

8,157 Sqft - 333 Wayne Ave, OAKLAND, California 94606

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Property Description

This trophy offering of the Culver Arms Apartments commands a prestigious location with frontage on the shore of Lake Merritt near downtown Oakland. The building is being placed on the market for the first time in twenty-four years, and features unique architecture, fantastic attention to detail, and no expense spared in the meticulous construction and design. The oversized units each feature a large patio that looks directly onto Lake Merritt with amazing sunset and City of Oakland scenery. The owners recorded a condo map on the property, such that the potential for individual sellout represents significant upside for a new buyer. The highlight of 333 Wayne is the huge top floor owner’s unit (Unit E to be delivered vacant) which presents the perfect opportunity for an owner user. The floor plan of the owner’s unit features a spacious dinning room with an open design and natural light, three-bedrooms/three baths with oversized walk-in closets, a high-end kitchen.

Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : 40974722
Price : $3,488,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 8,157 Sqft
Year Built : 1953
Lot Area : 0.21 Sqft
Features
Heating System : Other Heat, Radiant, Solar
Roof : Composition Shingles, Flat
Address Map
Country : US
State : CA
County : Alameda
City : OAKLAND
Zipcode : 94606
Street : Wayne Ave
Street Number : 333
Floor Number : 0
Longitude : W123° 44' 48.9''
Latitude : N37° 48' 12.2''
MLS Addon
Office Name : MARCUS & MILLICHAP
Building Type : 5 Or More Units
Area : Oakland Zip Code 94606
Address : 333 Wayne Ave
Cross Street : Lakeshore
Directions to Property : Cross of Lakeshore and Wayne
LA1User Code : R01257479
LA1Agent First Name : Jon
LA1Agent Last Name : Holmquist
Status Category : Active
Tot # Parking Spaces : 5
Tot # of Units : 5
List $/SqFt : $428
Age : 68
Apx Lot Sq Ft : 9,122 Sqft
Type of Building : Apt Complex
Annual Taxes : $47,915
Total Deposits : $0
ADDTL FEATURES MISC. : Balcony/patio, Elevator
EQUIPMENT ADDITIONAL : Individual Electric Meter, Master Gas Meter, Security Gate, Solar, See Remarks
EXTERIOR : Stucco, Wood
FLOORING : Carpet, Tile
LOT DESCRIPTION : Down Slope, Lakefront
ON-SITE PARKING DESC : Enclosed Garage, Garage Parking
TENANT PAYS : Cable Tv
WATER/SEWER : Water - Public
Census Tract : 7754
Bus Sq Ft of Bldg : 0 Sqft
EXISTING LOAN : Other
Other Loans (Y/N) : No
1st Loan Balance : $3,600
2nd Loan Balance : $215,502
Tot Other Loans : $13,200
Financial Data Verif(Y/N) : 4.3%
FINANCIAL DATA SOURCE : Owner
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Excl Right
Listing Service : Full Service
Special Information : None
Original Price : $3,488,000
Sold Price : $0
Previous Price : $3,488,000
Sale $/SqFt : $0
Gross Oper Actual Inc : 215502
Annual Gross Sched Inc : 228702
Net Oper Income : 147347
Annual Mgmt Exp : 0
Annual License Exp : 3796
Annual Util Exp : 10792
Other Ann Exp : 0
Tot Ann Oper Exp : 81355
First Loan Payment : 0
First Balance : 0
Annual Insurance Exp : 7046
INTERNET DISPLAY : 0
INTERNET SITES : 0
SA1Agent Type : 0
ZIDX Only Street Name : Wayne Ave
Co List Agent DRE Num. : 01257479
List Agent DRE Num. : 01257479
LA1Agent License ID : 01257479
Annual Vacancy : 0
Gross Income : 219900
Listing Broker DRE Numbe : 01257479
Sale/Original $ : 0
Annual Exp Yr : 81355
Sale $/SqFt : 0
1st - Yrs Remaining : 0
Sale/Last List $ : 0
Interest Rate : 0
Board ID : Bridge AOR
Assessors Parcel No : 22-308-58
Showing : By Appointment
LO1Main Office ID : 10096
LO1Board ID : 0
LO2Office Identifier : 0
LO2Main Office ID : 0
SO1Office Identifier : 0
SO1Board ID : 0
SO2Office Identifier : 0
SO2Office Type : 0
VOW Include : Yes
VOW Address : Yes
VOW Comment : Yes
VOW AVM : Yes
Status Detail : 0
Search Price : 3488000
Address Search Number : 333
Listing Agent : 37419
Listing Office : 10096
Co-List Agent : 0
Listing Office 2 : 0
Apprx Equity : 0
Buyer Agent 1 : 0
Buying Office 1 : 0
Co-Sell Agent : 0
Buying Office 2 : 0
Photo Count : 9
Input Date : 20/11/2021 04:36:15
Update Date : 26/11/2021 08:17:56
PhotoTimestamp : 20/11/2021 04:36:16
First Photo Add Timestamp : 20/11/2021 04:36:16
List Date : 19/11/2021
Expire Date :
Pending Date :
Closing Date :
Status Date : 26/11/2021
Price Date : 19/11/2021
Off Market Date :
Status : Active
Dual Variable : No
City Transfer Tax : Yes
Point of Sale Ordinance : Yes
Ocpnt Req 24 Hr : Yes
Off Market Status Date :
LVT Date : 19/11/2021
DOMLS : 7
Cumulative DOMLS : 7
Unit # 1 # of Bathrooms: 3
Unit # 1 # of Bedrooms: 3
Unit # 1 Dining Room: Yes
Unit # 1 Fireplace: Yes
Unit # 1 Parking Spaces: 1
Unit # 1 Range Oven: Yes
Unit # 1 Refrigerator: Yes
Unit 1 # Units This Type?: 1
Unit # 2 # of Bathrooms: 1
Unit # 2 # of Bedrooms: 1
Unit # 2 Dining Room: Yes
Unit # 2 Parking Spaces: 1
Unit # 2 Range Oven: Yes
Unit # 2 Refrigerator: Yes
Unit 2 # Units This Type?: 2
Unit # 3 # of Bathrooms: 2
Unit # 3 # of Bedrooms: 2
Unit # 3 Parking Spaces: 1
Unit # 3 Range Oven: Yes
Unit # 3 Refrigerator: Yes
Unit 3 # Units This Type?: 2
Unit # 4 # of Bathrooms: 1
Unit # 4 # of Bedrooms: 2
Unit # 4 Refrigerator: Yes
Unit 4 # Units This Type?: Non-Confor
Comm Ri Multi-units 5+ For Sale
  • Listing ID : 40974722
  • Bedrooms : 0
  • Bathrooms : 0
  • Square Footage : 8,157 Sqft
$3,488,000
Agent info
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