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$1,495,000

$6,000Reward *

339 Hanover Ave, Oakland, CA 94606Listing ID 41134984

339 Hanover Ave, Oakland, CA 94606

Active

LAKESHORE/GRAND

Time on site: 55 days • Last updated: 1 day ago

Property Type

Residential Income

Property Sub Type

Triplex

Acres

0.17

Days on Site

Heating

Forced Air

Year Built

1910

Parking

Assigned, Carport

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 $132,356/yr with a currently projected cap rate of 6.4% 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. Unit 341 with 3 bedrooms 1.5 baths is coming available 8/1 and is an ideal owner occupancy unit. 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. Showing Wednesday 7/8 noon sharp!!

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: California Regional MLS

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

For corrections to this data please contact Brytecore MLS Support.

BMLS-R01402540 • BMLS-R01371018

339 Hanover Ave, Oakland, CA 94606

Market Report for 94606

Property Information

Property Details

Location

Interior Features

Heating and Cooling

Building

Building Information