4527 Bancroft Avenue offers a compelling opportunity with 18 units spread across three separate buildings, situated on a spacious 23,255-square-foot lot. Each of the 18 units features a desirable 2-bedroom, 1-bathroom layout, complete with a private deck or patio, enhancing tenant appeal. The property boasts 20 parking spaces, a valuable amenity for tenants in a competitive market. Additional features include an on-site laundry room, a heavy-duty security fence surrounding the property, and 8 security cameras, ensuring tenant safety and convenience. With its solid construction, strategic layout, and value-add potential, this property presents an attractive option for investors seeking stable cash flow and long-term growth in a prime Oakland location.
MLS # | ML81999666 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1987 |
Days On Site | 85 |
Listing Provided By | Marcus & Millichap | Sam Runco |
SQ Feet | 14,544 |
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Building(s) | 3 |
Zoning | RU-3 |
Acreage | 0.53 |
Cooling Yes / No | Yes |
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Roof | Shingle |
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Utilities | Other |
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Property | 52313 |
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State | CA |
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County | Alameda |
City | Oakland |
Zip Code | 94601 |
School District | Other |
Listing VS Median (in 94601) | |
Price: $3,000,000 low | high Med: $574,500 SqFt: 14,544 low | high Med: 1,135 $ / SqFt: $206 low | high Med: $517 On site: 85 low | high Med: 267.000000 |