331 Hanover Ave

Oakland, CA, 94606

$2,250,000

$317 per ft²
$2,250,000
$317 per ft²
Pending
Pending
 - For Sale
baths
1 Bath
carpenters-square
7,092 ft²
property_type
Commercial
calendar
Built 1952
331 Hanover is a ten-unit multifamily property located a block from Lake Merritt. The property consists of eight (8) 1-bedroom, 1-bathroom apartments of 630 sq ft. each, per recent appraisal, and two (2) 2-bedroom, 1-bathroom apartments of 880 sq ft. Improvements include some newer windows and exterior paint, very nicely landscaped walkway. Unit interiors feature hardwood floors, some bath updates. Amenities include tenant storage lockers, and some views in rear upper floor units. The building includes a covered 5-car carport and driveway for 5 additional tandem vehicles. Community laundry is an additional revenue source. Excellent location with tremendous upside potential.
MLS® ID:
41006186
Listed:
8/26/22
Updated:
11/29/22

Interior Features

Kitchen Appliances
Free-Standing Range, Refrigerator, Gas Water Heater
Total Bedrooms
0
Total Bathrooms
1
Laundry Description
Coin Operated, Community Facility, In Basement, Laundry Equip - Leased, Inside, Sink
Floor Description
Hardwood, Vinyl
Cooling
None
Heating
Wall Furnace

Exterior/Building Features

Lot Size
7,250 ft² lot
Lot Details
Level
Roof
Rolled/Hot Mop

Other Property Details

Area Name
Oakland Zip Code 94606
Garage
No
Parking
Carports - 2 Or More, Covered, Tandem, Uncovered Parking Space
View
Y
County
Alameda
Water Source
Public
Pool
No

Property History

Date
Event
Price
Value
8/31/22
Pending
-
-

Courtesy of Compass, Patricia Bennett,
Listing Contact: 510-387-1773 

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