262 Hanover Ave, Oakland, CA 94606

Local realty services provided by:ERA Excel Realty
262 Hanover Ave,Oakland, CA 94606
$1,575,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
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:7 day(s) ago
  • Updated:October 23, 2025 at 01:46 PM

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
Based on information from California Regional Multiple Listing Service, Inc. as of October 23, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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