331 Hanover Ave Oakland, CA 94606

331 Hanover is a ten-unit multifamily property located a block from Lake Merritt. The property consists of eight (8) 1-bedroom, 1-bathroom apartments of 630 sq ft. each, per recent appraisal, and two (2) 2-bedroom, 1-bathroom apartments of 880 sq ft. Improvements include some newer windows and exterior paint, very nicely landscaped walkway. Unit interiors feature hardwood floors, some bath updates. Amenities include tenant storage lockers, and some views in rear upper floor units. The building includes a covered 5-car carport and driveway for 5 additional tandem vehicles. Community laundry is an additional revenue source. Excellent location with tremendous upside potential.