5116 Bancroft Ave

Oakland, CA 94601
  • $695,000

    Price
  • 0.11

    Acre

About the Listing BMLS-OBOKWT - BMLS-R01509417

BEST PRICED 5 UNIT PROPERTY ON THE MARKET! Outstanding investment opportunity offering a 7.92% CAP RATE, 6.81 GRM, and $102,000 in gross potential income! This turnkey 5 unit property features all studio layouts, with three units tastefully renovated within the past few months. Numerous property improvements have already been completed, including the roof, providing strong cash flow and limited near term capital needs. Gated entry adds privacy and security. With strong income, recent renovations, and compelling investment metrics, this property stands out as an exceptional value. MUST SEE!

Listing Highlights for 5116 Bancroft Ave

Status Active
Days on Site 36
Property Type Multi-Family
MLS ® 41147669
Year Built 1949
Lot/Acreage 0.11
County Alameda
Neighborhood Bancroft

Interior Details

  • Appliances:
  • Air Cond:
  • Heating: Electric
  • Fireplaces:
  • Floor:
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Lot Description: No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 2
  • Roof:
  • Others: Stucco,2+ Total Units
  • Sewer:

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 35238713
  • Tax Year: N/A

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Listing Location

Questions About..

5116 Bancroft Ave Oakland, CA 94601

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Originating MLS: CRMLS

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Yury Medrano

Realtor | Los Angeles, CA & Boise, ID | Silvercreek Realty Group | Sky Homes & Estates

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