262 Hanover Ave, Oakland, CA 94606

Local realty services provided by:Better Homes and Gardens Real Estate Everything 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:36 day(s) ago
  • Updated:November 21, 2025 at 08:42 AM

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Roof:Composition
  • Year built:1962
  • Lot area:0.1 Acres

Finances and disclosures

  • Price:$1,575,000
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