CA > Oakland > Crocker-Glenview
Oakland, CA 94606,262 Hanover Ave
Oakland, CA 94606,262 Hanover Ave
Oakland, CA 94606,262 Hanover Ave
Additional details
Paul Ward

Paul Ward

+1(805) 479-5004
$1,575,000
Est. payment /mo
4,159 Sqft Lot
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Pending

Purchase Type For Sale

Subdivision Crocker/Glenview

MLS Listing ID 41114763

HOA Y/N No

Year Built 1962

Lot Size 4,159 Sqft

Property Description

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.

Location

State CA

County Alameda

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Exterior

View Y/N Yes

View Lake

Roof Type Composition

Total Parking Spaces 6

Others

Tax ID 212262

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CRMLS – RECore
Listed by Timothy Warren NAI Northern California
Paul Ward
Paul Ward

Broker Associate | License ID: 01354001

+1(805) 479-5004 | paul@homeandranchteam.com

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