339 Hanover Ave Oakland, CA 94606
Cleveland Heights NeighborhoodEstimated payment $8,939/month
Highlights
- Lake View
- No HOA
- Storage
- Wood Flooring
- Fireplace
- 4-minute walk to Pine Knoll Park
About This Home
Experience the best of Oakland living with this stately and versatile multi-family residence 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 has previously been 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 with 3 bedrooms 1.5 baths is coming available 8/1 and is an ideal owner occupancy unit. 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. Showing Wednesday 7/8 noon sharp!!
Listing Agent
Perry Riani
Compass License #01402540 Listed on: 05/15/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1910
Lot Details
- 7,250 Sq Ft Lot
- Partially Fenced Property
- Level Lot
- Back Yard
Home Design
- Triplex
- Stucco
Interior Spaces
- 4,190 Sq Ft Home
- Fireplace
- Storage
- Lake Views
Flooring
- Wood
- Partially Carpeted
- Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- 3 Bathrooms
Laundry
- Dryer
- Washer
Unfinished Basement
- Partial Basement
- Laundry in Basement
- Basement Storage
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 4 Parking Spaces
- 2 Carport Spaces
- Assigned Parking
Utilities
- Forced Air Heating System
- Gas Water Heater
Community Details
- No Home Owners Association
- Bridge Aor Association
- Lakeshore/Grand Subdivision
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $10,936 | $590,850 | $179,355 | $418,495 |
| 2024 | $10,480 | $579,128 | $175,838 | $410,290 |
| 2023 | $10,867 | $574,638 | $172,391 | $402,247 |
| 2022 | $10,412 | $556,372 | $169,011 | $394,361 |
| 2021 | $9,729 | $545,328 | $165,698 | $386,630 |
| 2020 | $9,614 | $546,668 | $164,000 | $382,668 |
| 2019 | $9,105 | $535,951 | $160,785 | $375,166 |
| 2018 | $8,910 | $525,444 | $157,633 | $367,811 |
| 2017 | $8,501 | $515,144 | $154,543 | $360,601 |
| 2016 | $8,220 | $505,045 | $151,513 | $353,532 |
| 2015 | $8,170 | $497,460 | $149,238 | $348,222 |
| 2014 | $8,383 | $487,715 | $146,314 | $341,401 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/15/2026 05/15/26 | For Sale | $1,495,000 | -- | $357 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Old Republic Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | -- | Financial Title Company | |
| Interfamily Deed Transfer | -- | Alliance Title Company | |
| Grant Deed | $389,000 | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $583,000 | Purchase Money Mortgage | |
| Previous Owner | $342,200 | Purchase Money Mortgage | |
| Previous Owner | $311,200 | No Value Available |
Source: bridgeMLS
MLS Number: 41134984
APN: 022-0309-011-00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Bay East 2026. CCAR 2026. bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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