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 additional density? All units are large two-bedroom, two-bath, ±1,200 SF. All are corner units with good light. The rooms are large and have hardwood floors. Cooking is gas. The heat is individual forced air. PG&E is separately metered. The roof and windows have been replaced in recent years. The upper units have balconies overlooking Lake Merritt. That space in the lower units overlooking Lake Merritt is enclosed. Each unit has garage parking that can include a tandem parking 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 407 Wayne Avenue location, fronting Lakeshore Avenue, is accessed from Lakeshore Avenue via Hanover Avenue. See detailed Offering Memorandum!!!