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SOLD 2/16/2021
291 Hanover Ave, Oakland, CA 94606
--
bed
--
bath
· 7200
ft2 lot
$1,515,000
Listing provided courtesy of Listing Broker: BRUCE CHAMBERS, VALVA REALTY COMPANY.
Source CRMLS.
Great investment opportunity 1 block to Lake Merritt. Front building (4plex) has very spacious 1 bdrm units. Rear building is a 2 bdrm unit. Convenient to Downtown and just minutes to Lakeshore/Grand Ave shopping/restaurants.
HOA
$—/month
On market
3 months
Year built
1924
Property type
Multi-Family
Parking
MLS
40922535
Price / Sq.Ft.
ft2
Status
Closed
Flyhomes Cash Offer
Based on a price of $1,550,000
Rebate:
Cash Offer Costs:
Net Rebate:
Negotiating Power:
Flyhomes Cash Offer
$0
$0
+$301/day
$0
Best
Flyhomes Guaranteed Offer
$7,750
- -
$7,750
Better
Discount Brokerage
$5,855
not offered
$5,855
Average
Traditional Brokerage
$0
not offered
$0
Variable
Legal Disclaimer: The Savings Calculator is intended for planning and educational purposes only, and should not be solely relied upon in your decision to participate in Flyhomes’ Cash Offer or other programs.Read more
Property Details
Interior Features & Layout
Appliances
•   
Laundry Details: Dryer Included
•   
Laundry: 1
Heating & Cooling
•   
Has Heating
•   
Heating Details: Natural Gas, Wall Furnace
Property, Lot, Community & Exterior Features
Lot Info
•   
Lot Features: Up Slope from Street
•   
Lot Size Acres: 0.1700
•   
Lot Size Area: 7200.0000
•   
Lot Size Units: Square Feet
Community Info
•   
Total Units: 5
Building Info
•   
Construction Materials: Stucco, Wood Siding
Listing Details, Costs & Financing Information
Financial Info
•   
Tax Annual Amount: 23800.00
•   
Other Expense: 9660.00
•   
Cap Rate: 4.47
•   
Professional Management Expense: 0.00
•   
Gross Scheduled Income: 124200.00
Lease Info
•   
Net Operating Income: 76128.00
Tax/Assessment Info
•   
Tax Year: 2020
•   
Taxes: 4651.0
Listing Info
•   
Status: Closed
School Neighborhood & Directions
School Info
•   
Directions: Lakeshore to Hanover Cross Street: Lakeshore.
Other
Calculation
•   
Dom: 90
•   
Cdom: 90
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: May 09, 2021 3:42am
Neighborhood snapshot
30
Properties for sale
12
Median days on market
$542.08
Median sold price/sqft
112.84%
Sold/List %
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Property History
02/16/2021
02/16/2021
CRMLS #40922535
sold
CRMLS #40922535
$1,550,000
12/24/2020
12/24/2020
CRMLS #40922535
pending
CRMLS #40922535
$1,550,000
--8.82%
09/25/2020
09/25/2020
CRMLS #40922535
active
CRMLS #40922535
$1,700,000
Nearby Similar Homes
street view
$1,585,000
602 Foothill Blvd
Oakland, CA 94606
 bed
 bath
 ft²
 · 
4500
 ft²  lot
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