C
Seller's Agent in 2021
Christopher Smith
City Real Estate
(415) 325-2295
1 in this area
11 Total Sales
346 Hanover Avenue is a 22 unit building located in the Cleveland Heights neighborhood of Oakland just 2 blocks to Lake Merritt. Constructed in 1965 the building is concrete podium and wood frame with a gated, secure parking garage with 22 parking spaces. The unit mix consists of 15 1b/1ba, 6 2b/2ba and 1 3b/2ba penthouse unit. The property underwent significant capital improvements in 2017 including a full lobby renovation, new carpet throughout the hallways, updated front faade and exterior paint. A new roof was installed in 2019 The current ownership has turned 12 of the 22 units since it was purchased in 2007. There are 7 units that have turned since 2015 which were substantially updated with new floors, fully updated bathrooms and kitchens including new cabinets and countertops. Two units, 202 & 306 have in unit laundry. An on site laundry room services the remaining units.
Last Agent to Sell the Property
City Real Estate License #01740857 Listed on: 02/17/2021
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/20/2021 08/20/21 | Sold | $7,450,000 | -2.6% | $275 / Sq Ft |
| 03/12/2021 03/12/21 | Pending | -- | -- | -- |
| 02/17/2021 02/17/21 | For Sale | $7,650,000 | -- | $282 / Sq Ft |
| 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 | $114,631 | $7,852,378 | $2,122,400 | $5,719,868 |
| 2024 | $114,631 | $7,698,666 | $2,080,800 | $5,607,756 |
| 2023 | $120,526 | $7,537,800 | $2,040,000 | $5,497,800 |
| 2022 | $116,555 | $7,400,110 | $2,000,000 | $5,390,000 |
| 2021 | $63,424 | $3,820,297 | $1,143,051 | $2,677,246 |
| 2020 | $62,654 | $3,781,235 | $1,131,332 | $2,649,903 |
| 2019 | $59,023 | $3,706,399 | $1,109,157 | $2,597,242 |
| 2018 | $57,734 | $3,633,928 | $1,087,416 | $2,546,512 |
| 2017 | $54,871 | $3,562,870 | $1,066,099 | $2,496,771 |
| 2016 | $53,745 | $3,493,193 | $1,045,196 | $2,447,997 |
| 2015 | $53,446 | $3,440,881 | $1,029,502 | $2,411,379 |
| 2014 | $54,833 | $3,368,152 | $1,009,343 | $2,358,809 |
C
Seller's Agent in 2021
Christopher Smith
City Real Estate
(415) 325-2295
1 in this area
11 Total Sales
Buyer's Agent in 2021
Steve Zirelli
Cornish & Carey Commercial
(650) 688-8508
1 in this area
40 Total Sales
Source: San Francisco Association of REALTORS®
MLS Number: 421520571
Ask me questions while you tour the home.