314 Hanover Ave, Oakland, California 94606, Oakland, 94606 - bed, bath
ACTIVE$1,400,000
314 Hanover Ave, Oakland, California 94606
0Bed
0Bath
Sqft
3,488Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Great Schools: Elementary School: Crocker Highlands Elementary School (9/10).
Top Cons:
Age of Property: Built in 1914, the property's age, despite updates, may lead to ongoing maintenance requirements for older infrastructure and systems.
Compared to the nearby listings
Price:$1.40M vs avg $905.0K (+$495,000)90%
Size: sqft vs avg sqft50%
Price/sqft:$0 vs avg $050%
More Insights
Built in 1914 (111 years old).
Condition: Despite being built in 1914, the property has undergone extensive and high-quality renovations, particularly evident in the kitchen and bathrooms. The kitchen features modern white shaker cabinets, dark quartz countertops, stainless steel appliances (including a Samsung French door refrigerator and gas range), and contemporary backsplash. Bathrooms boast modern vanities, sleek fixtures, glass-enclosed showers with modern tiling, and updated flooring. Throughout the units, there are refinished hardwood floors, modern LVP, fresh paint, and updated light fixtures, indicating a comprehensive renovation within the last 5-10 years, making it virtually new in its key living spaces and move-in ready.
Year Built
1914
Close
-
List price
$1.4M
Original List price
$1.4M
Price/Sqft
$0
HOA
-
Days on market
-
Sold On
-
MLS number
41106878
Home ConditionExcellent
Features
Good View: Lake, Water
ViewLake, Water
About this home
Welcome to 314 Hanover—a beautifully updated triplex just one block from iconic Lake Merritt in vibrant Cleveland Heights. With a walk score that’s off the charts, you’re just steps to Lakeshore’s buzzing restaurants, cafés, and shops. This rare gem offers flexibility for investors and owner-occupants alike: a spacious 4BD/2BA upper unit (delivered vacant!) plus a 2BD/1BA and 1BD/1BA on the ground floor. Whether you're looking to live in one and rent the others, or maximize income potential, this 2,585 sq ft property is a smart move. Whether you’re looking for your first home or your forever home, this place is move-in ready and waiting to welcome you. Views: Downtown
Nearby schools
7/10
Cleveland Elementary School
Public,•K-5•0.4mi
3/10
Franklin Elementary School
Public,•K-5•0.6mi
4/10
Bella Vista Elementary School
Public,•K-5•0.8mi
8/10
Lincoln Elementary School
Public,•K-5•0.9mi
3/10
Garfield Elementary School
Public,•K-5•1.4mi
9/10
Crocker Highlands Elementary School
Public,•K-5•1.5mi
3/10
Manzanita Seed
Public,•K-5•1.7mi
5/10
Glenview Elementary School
Public,•K-5•1.8mi
2/10
Piedmont Avenue Elementary School
Public,•K-5•1.8mi
3/10
International Community School
Public,•K-5•1.9mi
5/10
Think College Now School
Public,•K-5•1.9mi
6/10
Henry Haight Elementary School
Public,•K-5•2.3mi
3/10
La Escuelita Elementary School
Public,•K-8•0.6mi
2/10
Westlake Middle School
Public,•6-8•0.9mi
4/10
Roosevelt Middle School
Public,•6-8•1.2mi
6/10
Edna Brewer Middle School
Public,•6-8•1.2mi
4/10
Urban Promise Academy
Public,•6-8•2.0mi
3/10
United For Success Academy
Public,•6-8•2.3mi
2/10
Bret Harte Middle School
Public,•6-9•2.5mi
5/10
Will C. Wood Middle School
Public,•6-8•2.8mi
4/10
Oakland High School
Public,•9-12•0.8mi
7/10
Oakland Technical High School
Public,•9-12•2.0mi
2/10
Oakland International High School
Public,•9-12•2.2mi
7/10
Encinal Junior/Senior High
Public,•6-12•2.9mi
2/10
Fremont High
Public,•9-12•3.0mi
4/10
Skyline High School
Public,•9-12•4.8mi
Condition Rating
Excellent
Despite being built in 1914, the property has undergone extensive and high-quality renovations, particularly evident in the kitchen and bathrooms. The kitchen features modern white shaker cabinets, dark quartz countertops, stainless steel appliances (including a Samsung French door refrigerator and gas range), and contemporary backsplash. Bathrooms boast modern vanities, sleek fixtures, glass-enclosed showers with modern tiling, and updated flooring. Throughout the units, there are refinished hardwood floors, modern LVP, fresh paint, and updated light fixtures, indicating a comprehensive renovation within the last 5-10 years, making it virtually new in its key living spaces and move-in ready.
Pros & Cons
Pros
Great Schools: Elementary School: Crocker Highlands Elementary School (9/10).
Prime Location: Situated just one block from iconic Lake Merritt in vibrant Cleveland Heights, offering an exceptional walk score and immediate access to buzzing restaurants, cafés, and shops.
Income Potential & Flexibility: A triplex configuration (4BD/2BA, 2BD/1BA, 1BD/1BA) provides significant flexibility for investors or owner-occupants, with the spacious upper unit delivered vacant for immediate use or rental.
Updated & Move-in Ready: Described as a 'beautifully updated triplex' and 'move-in ready,' suggesting reduced immediate capital expenditure for a new owner.
Desirable Views: The property boasts views of Lake Merritt, water, and downtown, enhancing its aesthetic appeal and market value.
Access to Quality Schools: Located near several highly-rated public schools, including Crocker Highlands Elementary (9/10) and Lincoln Elementary (8/10), appealing to families.
Cons
Age of Property: Built in 1914, the property's age, despite updates, may lead to ongoing maintenance requirements for older infrastructure and systems.
Limited Lot Size: With a lot size of 3,488 sq ft for a triplex, private outdoor space for individual units or common areas may be limited.
Potential for Noise/Traffic: Its prime location near Lake Merritt and 'buzzing restaurants, cafés, and shops' could result in increased noise levels and traffic, impacting residential tranquility.