262 Hanover Ave, Oakland CA 94606 | $1,575,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 4160 Lot Sq Ft
  • Type:
  • Stories: 0
  • Year Built: 1962
  • MLS#: 41114763
  • Community:

Listing provided courtesy of Timothy Warren of NAI Northern California. Last updated 2025-11-11 09:11:47.000000. Listing information © 2025 SANDICOR.

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.

More Details

0.1 Acres

David Piper

Call or Text: 858-525-5007

DRE# 02021985