Multifamily Housing
350 Hanover Avenue Oakland, CA 94606
Details & Description
Price: $6,250,000
    Team Chappell is pleased to present 350 Hanover Ave, a 19-unit multifamily property located in Cleveland Heights, just 2 blocks from Lake Merritt. The property consists of five (5) one-bedroom, one-bathroom units, four (4) two-bedroom, one-bathroom units, four (4) two-bedroom, two-bathroom units, two (2) three-bedroom, one-bathroom units, and four (4) three-bedroom, two-bathroom units. Meticulously maintained, a majority of the units have recently been renovated with granite countertops, hardwood floors, and double-pane windows. Due to its convenient and desirable location, this property will continue to demand premium rents.350 Hanover Avenue is located in Cleveland Heights, a quiet neighborhood near many amenities. The subject property sits within a 2-block walking distance of Lake Merritt, giving tenants access to enjoy the lake's activities, as well as nearby restaurants, cafes, parks, and shopping. It is conveniently located near both the 580 and 880 freeways and Lake Merritt BART, so tenants have easy access to public transportation.
    Property Highlights
     Large floor plans with room to add a bedroom to six separate units, providing $15K in annual rent upside
     Well-maintained pride of ownership asset with modern updates, granite countertops, and hardwood floors
    Additional Photos
    Listing Agents
    Grant Chappell

    O: 510-336-4721
    M: 415-246-4314
    grant@nainorcal.com
    Sam Hayes

    O: 415-226-1508
    M: 510-759-6844
    shayes@nainorcal.com
    Jonathon Burmenko

    O: 510-346-5788
    M: 925-876-8336
    jburmenko@nainorcal.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    350 Hanover Avenue

    Oakland, CA 94606

    Listing ID: 250830
    • 350 Hanover Avenue Oakland, CA 94606 | for Sale | Photo 1
    • 350 Hanover Avenue Oakland, CA 94606 | for Sale | Photo 2
    • 350 Hanover Avenue Oakland, CA 94606 | for Sale | Photo 3
    • 350 Hanover Avenue Oakland, CA 94606 | for Sale | Photo 4
    • 350 Hanover Avenue Oakland, CA 94606 | for Sale | Photo 5
    350 Hanover Avenue | for Sale | Thumbnail 1
    350 Hanover Avenue | for Sale | Thumbnail 2
    350 Hanover Avenue | for Sale | Thumbnail 3
    350 Hanover Avenue | for Sale | Thumbnail 4
    350 Hanover Avenue | for Sale | Thumbnail 5
    Building Size: 22,587 SF
    Lot Size: 0.230 AC
    Land Size: 10,018 SF
    Building $/SF: $276.71
    Land $/SF: $623.88
    Price
    $6,250,000
    Property Highlights
    Well-maintained pride of ownership asset with modern updates, granite countertops, and hardwood floors
    Nineteen 19 unit apartment community, six 6 units delivered vacant for buyer flexibility
    Large floor plans with room to add a bedroom to six separate units, providing $15K in annual rent upside
    Decksstairs have been updated in compliance with Section 1 regulations
    Description

    Team Chappell is pleased to present 350 Hanover Ave, a 19-unit multifamily property located in Cleveland Heights, just 2 blocks from Lake Merritt. The property consists of five (5) one-bedroom, one-bathroom units, four (4) two-bedroom, one-bathroom units, four (4) two-bedroom, two-bathroom units, two (2) three-bedroom, one-bathroom units, and four (4) three-bedroom, two-bathroom units. Meticulously maintained, a majority of the units have recently been renovated with granite countertops, hardwood floors, and double-pane windows. Due to its convenient and desirable location, this property will continue to demand premium rents.

    350 Hanover Avenue is located in Cleveland Heights, a quiet neighborhood near many amenities. The subject property sits within a 2-block walking distance of Lake Merritt, giving tenants access to enjoy the lake's activities, as well as nearby restaurants, cafes, parks, and shopping. It is conveniently located near both the 580 and 880 freeways and Lake Merritt BART, so tenants have easy access to public transportation.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Oakland History of Multifamily Housing for Sale

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    Oakland Area Market Trends

    Listing Demographics for 350 Hanover Avenue Oakland, CA 94606

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

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    Common Questions and Answers

    What is the asking price for 350 Hanover Avenue in Oakland?
    The asking price for 350 Hanover Avenue is $6,250,000
    What is the building size of this Multifamily property in Oakland, CA?
    The size of the building/unit at 350 Hanover Avenue in Oakland is 22,587 square feet
    How much land does the Oakland, CA property at 350 Hanover Avenue include?
    350 Hanover Avenue in Oakland includes 0.230 acres of land
    What is the population within 1 mile of 350 Hanover Avenue in Oakland?
    The population within 1 mile of 350 Hanover Avenue Oakland, CA 94606 is 57,121 people.
    Who do I contact for questions about 350 Hanover Avenue?
    You should contact the listing agent, Grant Chappell, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi) Directions
    Metropolitan Oakland International Airport (OAK) 6
    San Francisco International Airport (SFO) 14
    Norman Y. Mineta San Jose International Airport (SJC) 35