FOR SALE
5116 Bancroft Avenue
Oakland, CA 94601
4,800 Lot Sq Ft
Built 1949
$695,000
Property Overview
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!
Home Details
- Property type
- Residential Income
- Year built
- 1949
- Lot size
- 4,800 sq ft
- Parking
- 2 spaces
- Days on market
- 26
- MLS status
- Active
Community, Schools & Utilities
Community
- Subdivision
- BANCROFT
Utilities
- Heating
- Electric
- Cooling
- None
Location & Neighborhood
Frequently Asked Questions About 5116 Bancroft Avenue
Property type: Residential Income
The current asking price is $695,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 5116 Bancroft Avenue. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 1949. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Oakland, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Oakland property.
The MLS currently reports the property as Active. It has been listed for 26 days. Status can change, so verify availability before relying on it.
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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