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About the Listing BMLS-OBOPACU 01 - BMLS-R01402540,BMLS-R01371018
Experience the best of Oakland living with this stately and versatile multi-family residence nestled in the heart of the vibrant Cleveland Heights neighborhood. This impressive property blends early 20th-century architectural character with the spaciousness and flexibility required for today’s urban lifestyle. Featuring 3 spacious multi-bedroom units and a bonus studio cottage, off street parking, basement laundry and storage and ~ 4,190 sqft of living space on a 7,250 sqft lot, the property is yielding a solid gross income of over $138,000/yr with a currently projected cap rate of 6% for the savvy investor seeking a high-demand location. It has previously been an ideal owner-occupant home with great rental income, and could serve in the future as a great multi-generational living setup with a large level yard and decks. Situated just a block from the iconic Lake Merritt and Lakeside parks, 339 Hanover puts you at the center of it all with multi-cultural dining options, Trader Joe's and all the amenities of Grand and Lakeshore Avenues, downtown Oakland and nearby Jack London Square. Commuting is a breeze with close proximity to AC Transit, Lake Merritt BART, and major freeways to San Francisco and greater East Bay. Open Sunday 5/17 2-4pm and Monday 5/18 11a-1p.
Listing Highlights
Status
Active
Days on Site
5
Property Type
Multi-Family
MLS ®
41134984
Year Built
1910
Total Square Footage
0
Lot/Acreage
0.17
County
Alameda
Neighborhood
Lakeshore/Grand
Interior Details
- Bedrooms: 8
- Bathrooms: 4 Full
- Appliances: Gas Water Heater, Dryer, Washer
- Air Cond:
- Heating: Forced Air
- Fireplaces:
- Floor: Carpet,Tile,Wood
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: Back Yard,Street Level,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 3
- Roof: Composition,Shingle
- Others: Stucco,2+ Total Units
- Sewer:
- Parking Features: Assigned,Carport
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 2230911
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
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Questions About..
339 Hanover Ave Oakland, CA 94606
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