California / Oakland / 94606 / 350 Hanover Avenue

350 Hanover Avenue

Q: What is the asking price for 350 Hanover Avenue in Oakland?

The asking price for 350 Hanover Avenue is $6,250,000

Q: 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.

Q: How much land does the Oakland, CA property at 350 Hanover Avenue include?

350 Hanover Avenue in Oakland includes 0.230 acres of land.

Q: What is the population within 1 mile of 350 Hanover Avenue?

The population within 1 mile of 350 Hanover Avenue Oakland, CA 94606 is 57,121 people.

Q: 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.

Oakland, CA 94606

Listing ID: 250830

Print Single-Page Version

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

Loan and Amortization Calculator

Listing Price

Down Payment

Loan Amount:

Interest Rate:

Term (months):

Your Monthly Payment

$0.00

Total Principal: --

Total Interest: --

Total Cost: --

Month	Payment	Principal	Interest	Total Interest	Balance
$0.00	$0.00	$0.00	$0.00	$0.00	$0.00

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.

		1-Mile	3-Miles	5-Miles
Total Population		57,121	313,250	563,468
Population Median Age		41	39	38
Population by Age	0-9 Yrs	4152 (7%)	31942 (10%)	56337 (9%)
	10-19 Yrs	3378 (5%)	27827 (8%)	59794 (10%)
	20-29 Yrs	9590 (16%)	49577 (15%)	96691 (17%)
	30-39 Yrs	13548 (23%)	59374 (18%)	98583 (17%)
	40-49 Yrs	8017 (14%)	45726 (14%)	77297 (13%)
	50-59 Yrs	6339 (11%)	37250 (11%)	64545 (11%)
	60-69 Yrs	6072 (10%)	32707 (10%)	58960 (10%)
	70+ Yrs	6024 (10%)	28847 (9%)	51260 (9%)

Median HH Income		$72,544	$78,919	$82,714
Total Household Income	< 24K	5607 (20%)	24587 (19%)	40886 (18%)
	25-49K	4394 (15%)	20220 (15%)	33706 (15%)
	50-74K	4313 (15%)	17254 (13%)	28936 (13%)
	75-99K	3535 (12%)	14518 (11%)	24470 (11%)
	100-199K	6952 (24%)	32203 (25%)	56941 (25%)
	200K+	3041 (10%)	19894 (15%)	37221 (16%)

Highest Education Level	No Diploma	6361	34362	51447
	Diploma or GED	5940	31615	51587
	Some College	6478	37518	64528
	Assoc. Degree	2739	14112	23694
	Bachelors Degree	14847	69989	121068
	Higher Degree	10708	49632	93660

Total Housing Units		29,748	137,593	237,741
--Owner-Occupied		5,710	44,800	90,410
--Renter-Occupied		22,133	83,875	131,750
Owner-Occupied Values	< 100K	122	806	1607
	100-199K	75	722	1532
	200-299K	286	1571	3786
	300-399K	597	3000	6688
	400-499K	711	4039	7907
	500K+	3919	34661	68891

Total Working Age Population		50,653	263,452	474,896
In Work Force		37,492	184,662	321,887
Not In Work Force		13,161	78,790	153,009
Workforce Employed		35,537	173,883	303,202
Workforce Unemployed		1,929	10,061	17,369
Civlian Workforce		37,466	183,944	320,571
Military Workforce		25	717	1,317

Total Households		27,842	128,675	222,160
Family Households		10,827	65,026	114,502
Non-Family Households		17,015	63,649	107,658
Married Couple		7,835	45,465	80,385
Other Family		2,992	19,561	34,117
Married w/Child		2,781	19,011	33,577
Single Male w/Child		261	2,084	3,464
Single Female w/Child		817	6,619	11,661

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
California	33,871,648	+10	37,253,956	+9	40,467,295	+8	43,631,295
Alameda County	1,443,741	+5	1,510,271	+12	1,696,752	+10	1,861,027
Contra Costa County	948,816	+11	1,049,025	+12	1,171,305	+11	1,296,786
San Francisco County	776,733	+4	805,235	+12	903,294	+8	976,481

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

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.

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.

Other Listings for Sale Nearby

Address	Price	Sq Ft	Acres
334 Portland Avenue, Oakland, CA	$1,460,000	4576	0.18
450 Merritt Avenue, Oakland, CA	$3,200,000	12344	0.19
1948 9th Avenue, Oakland, CA	$1,595,000	7000	0.17
1739 10th Avenue, Oakland, CA	$1,350,000	4800	0.15
476 Wickson Avenue, Oakland, CA	$1,650,000	3417	0.11
1218 East 21st Street, Oakland, CA	$2,995,000	8041	0.29
221 Fairmount Avenue, Oakland, CA	$1,650,000	5384	0.11
549 West Grand Avenue, Oakland, CA	$2,600,000	9505	0.12
1448 23rd Avenue, Oakland, CA	CALL	7078	0.11
174 41st Street, Oakland, CA	$5,750,000	10467	-

Closest Commercial Airports

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