314 Hanover Avenue

Oakland, CA 94606

$1,550,000
Last Sold Price
7
Beds
4
Baths
2,585 Sq. Ft.
$600 / Sq. Ft.
2,585
Sq. Ft.
$600
per Sq. Ft.

Description

Why 314 Hanover Avenue? —Because it’s a gorgeous, remodeled triplex in the beating heart of Oakland’s immensely popular Cleveland Heights neighborhood. Moreover? —It’s one block from the shores of Lake Merritt, and 0.2 miles from all the restaurants that dot Lakeshore Avenue and E 18th Street (including local favorites Rockin Crawfish and Pho Anh Dao). Whether you’re interested in an owner-occupy acquisition or a pure investment, 314 Hanover is a property you can’t afford to miss. Consisting of a...Why 314 Hanover Avenue? —Because it’s a gorgeous, remodeled triplex in the beating heart of Oakland’s immensely popular Cleveland Heights neighborhood. Moreover? —It’s one block from the shores of Lake Merritt, and 0.2 miles from all the restaurants that dot Lakeshore Avenue and E 18th Street (including local favorites Rockin Crawfish and Pho Anh Dao). Whether you’re interested in an owner-occupy acquisition or a pure investment, 314 Hanover is a property you can’t afford to miss. Consisting of a 1BR/1BA and a 2BR/1BA at ground level, as well as a large, 4BR/2BA unit at the top floor, this building totals 2,585 sq ft. All units shall be delivered vacant, allowing the new owners to either occupy or hand select their own tenants and set their own rents—a rarity in the Bay Area’s rent-control landscape. The property also comes with a sizable storage unit and a one-car garage that can be reserved for the new owner’s personal use, or leased to the tenants for additional income.
  1. Listed by Joey Wang • DRE #01890931 • Keller Williams Realty

Property Details for 314 Hanover Avenue

City
OAKLAND
Building Type
TRIPLEX
Property Sub Type
TRIPLEX
Garage Spaces
0
Garage/Parking
Detached Garage
View
Downtown, Lake, Water
Park Spaces Total
1
Total # Parking Spaces
1

Location

Listing Courtesy of Keller Williams Realty, Joey Wang, DRE #01890931

Sold By Real Estate Source Inc., Norman Muff, DRE #02003400

Add your commute
LISTING UPDATED: 06/07/2022 11:31 AM

Property Details for 314 Hanover Avenue

StatusSold
MLS #40990634
Days on Compass28
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / TRIPLEX
Year Built1914
Lot Size0.08 AC / 3,488 SF
CountyAlameda County

Location

Listing Courtesy of Keller Williams Realty, Joey Wang, DRE #01890931

Sold By Real Estate Source Inc., Norman Muff, DRE #02003400

Add your commute

Building Information for 314 Hanover Avenue

Stories-Residences3Year Built1914Building Size-Lot Size0.08 AC / 3,488 SF

Payment Calculator

$10,457 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,459

Property Taxes

$1,998

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 314 Hanover Avenue

Features
Feature Details
  • Flooring: Hardwood Floors, Laminate
  • Laundry: Dryer, Inside Unit, Washer
Room Details
  • Rooms Total: 0
  • Bathrooms Total Count: 0.0
  • Bathrooms Half: 0
Utility Details
  • Cooling: No Air Conditioning
  • Heating: Central
  • Water/Sewer: Sewer System - Public, Water - Public
  • Energy Saving Feature: Low Flow Toilet
Lot / Property Details
Home Owners Association
  • HOA Dues: $.00
Property Details
  • Additional Equipment: Dryer, Mirrored Closet Door(s), Washer, Water Heater Gas, Tankless Water Heater, Carbon Mon Detector, Smoke Detector, Individual Electric Meter, Individual Gas Meter
  • City Transfer Tax: Yes
  • Exterior: Wood Frame, Wood Siding
  • Lot Description: Landscape Back, Landscape Front, Partial Fence
  • Lot Sq Ft Apx: 3488
  • Lot Size Square Feet: 3488.0
  • Roof: Composition Shingles
  • Sq Ft Apx: 2585
  • Stories: 0.0
  • Yard Description: Fenced, Tool Shed, Landscape Back, Landscape Front, Storage Area
  • Year Built: 1914
  • Acres: 0.08
Location Details
  • Directions to Property: Lakeshore to Hanover Ave
  • FIPS Code: 06001
  • Census Tract: 4053.01
  • Parcel Number: 21-227-2
  • Printed Neighborhood Rpt: Yes
  • Board ID: Bridge AOR
Multi Family Information
General Details
  • All Units Have: Dishwasher, Updated Baths, Updated Kitchen
  • Some Units Have: Deck, Dishwasher, Updated Baths, Updated Kitchen
  • Units Total: 3
  • Basement: None
  • Parking Description: Carport - 1, Detached Garage, Street Parking
  • Separate Meters: Electric, Gas
  • Existing Lease Terms: Building Vacant, Security Deposit, Written Agreement
  • Tenant Pays: Electric, Gas, Water
  • Financial Data Source: Owner, Projected
Income / Expense Details
  • Annual Expense Year: 0
  • Annual Taxes $: $0
  • Annual Gross Fee Income: $0
  • Annual Gross Sched Income: $101,940
  • Annual Miscellaneous Income: $0
  • Annual Rental Income: $0
  • Gross Oper Income (Act): $0
  • Net Operating Income: $0
  • Annual Insurance Expense: $0
  • Annual License Expense: $0
  • Annual Maintance Expense: $0
  • Annual Management Expense: $0
  • Annual Total Oper Expense: $0
  • Annual Utility Expense: $0
  • Annual Vacancy Expense: $0
  • Operating Expenses: Garbage Collection, Maintenance/Repair, Property Tax/Assessments
  • Other Annual Expense: $0
Unit 1 Details
  • Unit #/Address - 1: 312
  • Occupied By 1: Vacant
  • Bedrooms 1: 2
  • Bathrooms 1: 1
  • Apx Sq Ft 1: 752
  • Rent 1: 2500est
Unit 2 Details
  • Unit #/Address - 2: 312A
  • Occupied By 2: Tenant
  • Bedrooms 2: 1
  • Bathrooms 2: 1
  • Apx Sq Ft 2: 449
  • Rent 2: 1795est
Unit 3 Details
  • Unit #/Address - 3: 314
  • Occupied By 3: Vacant
  • Bedrooms 3: 4
  • Bathrooms 3: 2
  • Apx Sq Ft 3: 1333
  • Rent 3: 4000est
Multi Family 5+ Information
Building Details
  • ADDTL MISC FEATURES: Balcony/Patio, Extra Storage, Storage Area(s)
  • Total Deposits: 0
Income / Expense Details
  • Gross Rent Multiplier: $0
Other Financial Information
  • Cap Rate: 0.0
Additional Information
Additional Information
  • Fireplace: No

Property History for 314 Hanover Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 314 Hanover Avenue

Taxable ValueLand$474,300Additions$1,106,700Total$1,581,000
Tax Record2023$23,981 ($1,998 / month)
Home Facts
Total Finished SqFt2,585 SqFtAbove Grade Finished SqFt2,585 SqFtStories2Lot Size3,488 SqFtStyleDuplexYear Built1914CountyALAMEDAAPN21-227-2

Schools near 314 Hanover Avenue

This home is within Oakland Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 12
Rating
School
Distance
Cleveland Elementary School
PublicK to 5

Edna Brewer Middle School
Public6 to 8

Oakland High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty, Joey Wang, DRE #01890931

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.