Christopher Danesi at RE/MAX Accord
East Bay Condo ManiaMLS: 41060912 $2,000,000
Bedrooms with Baths2306 WAVERLY ST
OAKLAND CA 94612MLS: 41060912
Status: ACTIVE
List Price: $2,000,000
Price per SQFT: $192
Square Footage: 10440Bedrooms
Baths
Year Built: 1911
Zip Code: 94612
Listing Remarks
The property is a well-maintained 12-unit apartment building located in Downtown Oakland, just steps from Lake Merritt. The property consists of two (2) 2 bedroom 1 bathroom units and ten (10) 1 bedroom 1 bathroom units with fourteen (14) off-street parking spots. Two units will be delivered vacant upon close of escrow. The property boasts beautiful 1900s architecture, hardwood floors, and period-appropriate details. The property offers over $100,000 of annual rental upside allowing a new owner to maximize their return over time. This highly sought-after location will continue to attract premium tenants and maintain a low vacancy rate. 2306 Waverly Street is located in Downtown Oakland steps from Lake Merritt. This property is less than a mile from the 19th Street BART station with easy access to interstates 580 and 880 for seamless connection to the entire San Francisco Bay Area. Residents enjoy endless amenities in Uptown, Downtown, and Lake Merritt, including Whole Foods, just a 5-minute walk away. The properties are walkable to both Kaiser Permanente (Oakland's Largest Employer) and Sutter Health Alta Bates Medical Center (Oakland's Second Largest Employer), earning a near-perfect Walk Score of 97!
Address: 2306 WAVERLY ST OAKLAND CA 94612
Listing Courtesy of TIMOTHY WARREN of NAI NORTHERN CALIFORNIA
Condo Mania Agent:
Chris DanesiRE/MAX Accord
DRE #01777489
Phone: 925.998.7426
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Listing Details
STATUS: Active SPECIAL LISTING CONDITIONS: Standard LISTING CONTRACT DATE: 2024-05-24 LIVING AREA SQ FT: 10440 YEAR BUILT: 1911 APPLIANCES INCLUDED: Gas Water Heater CONSTRUCTION: Wood Shingles FLOORING: Hardwood Flrs Throughout, Partial Carpeting HEATING: Steam COOLING: None LOT FEATURES: Regular PARKING FEATURES: Space Per Unit - 1 PROPERTY TYPE: Commercial Sale PROPERTY SUB TYPE: Lowrise (1-3 Flrs) ROOF: Rolled/Hot Mop LISTING AGENT: TIMOTHY WARREN LISTING OFFICE: NAI NORTHERN CALIFORNIA
Estimated Monthly Payments
List Price: $2,000,000 20% Down Payment: $400,000 Loan Amount: $1,600,000 Loan Type: 30 Year Fixed Interest Rate: 6.5 % Monthly Payment: $10,113 Estimate does not include taxes, fees, insurance.
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Property Location: 2306 WAVERLY ST OAKLAND CA 94612
This Listing
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Condo Mania Agent:
Chris DanesiRE/MAX Accord
DRE #01777489
Phone: 925.998.7426
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Last Updated: 2024-09-07