Tuesday, August 25, 2009

Great Jack London Square Loft--$515,000

Virtual tour:

Www.NewMarketLoft.Com

With a big and attractive south-facing view, this secure Jack London Square loft has it all: lots of light, perfect location, spacious and functional layout, high-end amenities, and best of all, a solid financial footing.

An enclosed bedroom, separate office or guest space, and one-plus baths make this unit work overtime to meet your lifestyle needs.

· Great Jack London location a close to the social swirl;

· Close to Lake Merritt BART (SF is 2 stops away), ferry, Amtrak, freeways; two lights to Alameda grocery stores;

· South-facing 1+ BR/1+ BA, custom closets, in-unit laundry, storage, stainless steel and granite kitchen, gas range, secure garage parking;

· Solid management and reserves, nearly 90% owner-occupied; and

· Building includes attractive foyer, roof deck with grand views, exercise/gym room.

201 4th Street #512, in Jack London Square:

-Comfortable loft living: The floors are concrete, but the lifestyle is assuredly not Spartan. The kitchen and baths, finished in stainless steel and granite, complement an in-unit washer and dryer, huge closets and storage space. A wall of south-facing windows bring in the light (matching drapes will convey). Innovative barn and pocket doors separate the bedroom, bath and laundry from the office/guest space, guest half bath, living/dining/kitchen area. Ingenious!

-Location: A half-block away from the future site of Jack London Square's much-anticipated white-tablecloth restaurant Mono, and just a few blocks from Old Oakland's offerings and Soizic, the nearby restaurant scene is thriving. One current owner walks to the nearby BART station every day for her job in SF (it's a short walk and a 10 min. ride away); the other hops conveniently on 880 to reach his regional locations. Groceries are just minutes away through the Webster Tube in Alameda, and Lake Merritt, downtown, and Whole Foods are a short drive away.

-Well maintained building: Converted in 2001 and well managed by Massingham and Associates, the units' owners are a cohesive group with a listserve. Reserves are strong, and nearly 90% of owners are owner-occupants, according to tax records. The rooftop deck offers killer views of the surrounding neighborhood, the East Bay Hills, and the Bay and San Francisco, while the exercise room is ready to help you address holiday overindulgence. One secure parking space.

-Quick commutes, so more time for the good life: BART is just a few blocks away as is the 880 freeway; the ferry, Amtrak stations (and Peerless Coffee!)are also closeby. Easy drive to Berkeley, Emeryville and beyond.

Remaining open houses:

Monday, Jan. 21st, 10-1 pm

Sunday, January 20th, 2-4:30 pm

For more information, call or click:

Maureen Kennedy, Broker

510.290.8535

Kennedy@MaureenKennedy.Net

www.MaureenKennedy.Net

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