Property Details
About this Property
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.
MLS Listing Information
MLS #
EB41114763
MLS Source
Bridge MLS
Days on Site
20
Interior Features
Flooring
Carpet - Wall to Wall, Laminate, Tile
Cooling
None
Heating
Wall Furnace
Exterior Features
Roof
Rolled/Hot Mop
Parking, School, and Other Information
Garage/Parking
Assigned Spaces, Spaces per Unit - 1, Garage: Car(s)
Sewer
Public Sewer
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
262 Hanover Ave is a Residential Income in Oakland, CA 94606. This 4,656 square foot property sits on a 4,160 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,575,000 and was built in 1962. This address can also be written as 262 Hanover Ave, Oakland, CA 94606.
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This listing information is up-to-date as of October 22, 2025. For the most current information, please contact Timothy Warren, (510) 336-4719
