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7701 Bancroft Avenue — Oakland | Belmont Brokerage | Belmont Brokerage

Active

$244,000

19 DOM

— bd— ba— sqft

Call

7701 Bancroft Ave Oakland, CA 94605

11,250sqft lot

The subject property is located in an area with several recently built affordable housing projects. The subject zoning is (Base Zone and Combining) RM-4, S-13. The intent of this zoning district is to create, maintain, and enhance residential areas typically located on or near the city's major arterials and characterized by a mix of single-family homes, townhomes, small multi-unit buildings at somewhat higher densities than RM-3, and neighborhood businesses where appropriate. The Affordable Housing Combining (S-13) Zone is intended to create and preserve affordable housing. The purpose of the S-13 Combining Zone is to allow a bonus height for eligible affordable housing projects, as well as relaxation of other listed development standards for applicable zones and an elimination of any maximum residential density standards.

MLS 41128411

510-538-7500 (Office) mjheavin@aol.com

Est. payment

$1,559/mo

Principal & interestTaxesInsurance

$1,234$254$71

Down %

Rate %

Years

Down payment: $48,800 · Total cost: $492,967

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$1,559/mo

Principal & interest: $1,234
Est. property tax: $254
Est. insurance: $71
Down payment: $48,800

Est. gross rent$1,017/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-542/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Price History

Event	Date	Price	Change
Listed	Mar 25, 2026	$249,000	—

Facts & Features

Transaction Data

▼Price Reduced from $249,000 (−$5,000)

510-538-7500 (Office) mjheavin@aol.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

7701 Bancroft Avenue, Oakland, CA 94605

Get Directions

Call

7701 Bancroft Ave Oakland, CA 94605

About this home

Michael Heavin

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Michael Heavin

Sale & Tax History

No Recent Sales History

Location

7701 Bancroft Avenue, Oakland, CA 94605

About This Property

Property Photos

Location

Listing Agent

Presented by Belmont Brokerage Inc.

7701 Bancroft Ave Oakland, CA 94605

About this home

Michael Heavin

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Michael Heavin

Sale & Tax History

No Recent Sales History

Location