262 Hanover Ave - Apartments FOR SALE
Oakland, CA 94606 |
262 Hanover Ave
Oakland, CA 94606
HIGHLIGHTS
- Steps from the Lake in Oakland’s desirable Cleveland Heights neighborhood, with easy access to Lakeshore and Grand Avenue
- Attractive Unit Mix – Two (2) large 2BD/1BA units and four (4) 1BD/1BA units, some offering views of Lake Merritt.
- Well-Maintained Asset – Recent capital improvements include a seismic retrofit, new roof, and interior unit upgrades.
- Secure Parking & Storage – Six covered parking spaces, on-site laundry, and tenant storage lockers.
- Excellent Transit Access – Close to Lake Merritt BART Station, multiple AC Transit bus lines, and major commute corridors.
- Assumable Seller Financing – 5.00% interest rate provides strong day-one cash flow and favorable financing terms for investors
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
-
% LEASED
-
BUILDING DETAILS
PROPERTY NAME
UNDER CONTRACT
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
4656
STORIES
2
YEAR BUILT
1962
PARKING SPACES
6
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
021-0226-002-00
