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339 Hanover Ave

Oakland, CA 94606
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Bed 8

Bed

Bath 5

Bath

SqFt7,250

Sqft(Lot)

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 w ith 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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,495,000

AD Id : 78716957

MLS Id : 41134984

Beds : 8

Lot Size : 7,250 Sqft

Year Built : 1910

County : Alameda

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Feature Features

  • Bathroom Information

    Total Baths: 0
  • Interior Features

    Roof: Composition,Shingle Property Appliances: Gas Water Heater,Dryer,Washer Flooring: Carpet,Tile,Wood
  • Cooling Features

    Air Conditioning

    Heating Source

    Forced Air Has Heating

  • Building Information

    Year Built: 1910 Construction: Stucco Roof: Composition,Shingle

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1664
  • Lot Size Source: Public Records Lot Size Square Feet: 7250

  • Listing Price Information

    Original List Price: 1,495,000 Listing Contract Date: 2026-05-15

  • Tax Information

    Parcel Number: 2230911

  • Garage and Parking

    Garage Description: Assigned,Carport

    Homeowners Association

  • Rental Info

    Lease Term: Negotiable Tenant Pays: Gas

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: Directions: Cross Street: Lakeshore. Source Property Type: Residential Income Property SubType: Triplex
  • Building and Construction

    Property Age: 116 Structure Type: Triplex Year Built Source: Vendor Enhanced
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1927 E 15th Street, Oakland, CA, 94606 $900,000 -- -- 2,493 2,493 SqFt
2731 Vallecito Place, Oakland, CA, 94606 $415,000 -- -- 1,496 1,496 SqFt
2212 17th Ave, Oakland, CA, 94606 $699,000 4 3 --
2445 10th Avenue, Oakland, CA, 94606 $569,000 3 2 2,175 2,175 SqFt
2116 International Blvd, Oakland, CA, 94606 $1,280,000 8 5 --
1925 E 15th St, Oakland, CA, 94606 $925,000 8 3 --
1718 6th Avenue, Oakland, CA, 94606 $795,000 4 -- 2,428 2,428 SqFt
1439 7th Ave, Oakland, CA, 94606 $695,000 4 4 --
1011 E 11th St, Oakland, CA, 94606 $850,000 5 5 --
220 International Blvd, Oakland, CA, 94606 $568,000 -- -- --

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ByOwner last updated this listing 06/08/2026 @ 22:42

MLS: 41134984 LISTED BY: Perry Riani, Compass 510-339-6460 SOURCE: CRMLS

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