262 Hanover Ave, Oakland, CA 94606
Local realty services provided by:ERA North Orange County Real Estate
262 Hanover Ave,Oakland, CA 94606
$1,575,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Pending
Listed by: timothy warren
Office: nai northern california
MLS#:41114763
Source:CRMLS
Price summary
- Price:$1,575,000
About this home
262 Hanover Avenue is a six-unit apartment building ideally located just steps from Lake Merritt in Oakland’s desirable Cleveland Heights neighborhood. The property features a balanced unit mix of two (2) spacious two-bedroom/one-bath units and four (4) one-bedroom/one-bath units, some of which offer views of Lake Merritt. Each apartment includes a fireplace and an oversized bathroom with both a soaking tub and a stand-up shower. Recent capital improvements include a seismic retrofit, a new roof, and interior unit upgrades. Additional amenities include secured parking with six covered spaces, an on-site laundry facility, and tenant storage lockers. The property also offers assumable seller financing at a 5.00% interest rate, providing excellent day-one cash flow and an attractive opportunity for investors seeking a stabilized, well-located asset in one of Oakland’s most vibrant submarkets.
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Home facts
- Year built:1962
- Listing ID #:41114763
- Added:64 day(s) ago
- Updated:December 19, 2025 at 08:16 AM
Heating and cooling
- Heating:Wall Furnace
Structure and exterior
- Roof:Composition
- Year built:1962
- Lot area:0.1 Acres
Finances and disclosures
- Price:$1,575,000
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