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339 Hanover Ave, Oakland, CA 94606

$1,495,000 Approx. USD 0 beds, 0 baths

VIRTUAL TOUR Open House 8/16 2:00 PM - 4:00 PM

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

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Listing Agent

Perry Riani | perry.riani@Compass.com
Lic#: 01402540
Broker: Courtesy of Compass
Phone: 510-813-3799

Co Listing Agent

Jennie A. Flanigan | jennie.flanigan@vanguardproperties.com
Lic#: 01371018
Broker: Courtesy of Vanguard Properties
Phone: 510-610-3601

Upcoming Open Houses

8/16/2026 2:00 PM - 4:00 PM

8/17/2026 11:00 AM - 1:00 PM

Agent Remarks

Experience the best of Oakland living with this stately and versatile multi-family residence with a 3BD 1.5BA Owner's Unit 341 to be delivered vacant, 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 $132,356/yr with a currently projected cap rate of 6.4% for the savvy investor seeking a high-demand location. It is 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. Unit 341, the vacant owner's unit, has 3 bedrooms 1.5 baths with its own deck, parking and direct access to the shared yard. 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.

Listing Details

Property type: Triplex (Multi-Family)

Status: Active

MLS# 41134984

Price: $1,495,000

HOA Fee is $0.00

Beds: 0

Baths: 0

Built in 1910

0.17 acres

Lot size: 0.1664

Subdivision: LAKESHORE/GRAND

County: Alameda

Construction: Stucco

Appliances: Gas Water Heater,Dryer,Washer

Parking description: Assigned,Carport

Lot description: Back Yard,Street Level

Heating description: Forced Air

Last Updated: 8/15/2026

Days On Market (DOM): 92

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Lat/Long: 37.803114, -122.250603.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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