339 Hanover Ave, Oakland, CA 94606
- 8 beds
- 4,190 sqft
Triplex
Built in 1910
7,405sqft lot
—— car garage
$357/sqft
Listed 5 days ago
Property Description
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 with 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. Open Sunday 5/17 2-4pm and Monday 5/18 11a-1p.
- Listing Status:
- Active
- Date Added:
- May 15, 2026
- Data Last Updated:
- May 20, 2026 at 4:09AM
- Listing Office:
- Compass : 510-339-6460
- Listing Agent:
- Perry Riani : 510-813-3799
- MLS ID:
- 41134984
- General: Back YardYard Space
- Parking: Carport - 2 Or MoreAssignedParking spaces: 4
- General: Stucco
- County: Alameda
- Zoning: 2230911
- View: LakeView
- Fencing: Partial FenceFenced
- Water: Public
- Sewer: Public Sewer
This listing courtesy of Perry Riani , Compass
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $

