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339 Hanover Ave, Oakland, CA 94606

Oakland
Local realty services provided by:CENTURY 21 Masters
339 Hanover Ave,Oakland, CA 94606
$1,495,000
  • - Beds
  • - Baths
  • 4,190 sq. ft.
  • Multi-family
  • Active
Listed by: perry riani
Office: compass
MLS#:41134984
Source:MLSListings

Price summary

  • Price:$1,495,000
  • Price per sq. ft.:$356.8

About this home

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,...

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Home facts

  • Year built:1910
  • Listing ID #:41134984
  • Added:57 day(s) ago
  • Updated:July 12, 2026 at 04:38 PM

Rooms and interior

  • Flooring:Carpet - Partial, Hardwood, Tile
  • Living area:4,190 sq. ft.

Heating and cooling

  • Cooling:No Cooling
  • Heating:Central Forced Air

Structure and exterior

  • Roof:Composition, Rolled Composition
  • Year built:1910
  • Building area:4,190 sq. ft.
  • Lot area:0.17 Acres
  • Lot Features:Level
  • Construction Materials:Stucco
  • Exterior Features:Balcony/Patio, Deck, Fenced Yard

Utilities

  • Water:Gas Water Heater

Finances and disclosures

  • Price:$1,495,000
  • Price per sq. ft.:$356.8

Features and amenities

  • Laundry features:Dryer, In Basement, Washer
  • Amenities:Balcony or Patio

Parking

  • Parking description:2 Car Carport, Assigned Spaces
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