5116 Bancroft Avenue, Oakland, CA 94601
List Price: $695K
Listing Status: Active
0Days on Market: 0
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1949
Lot Size: 4,800 sq ft
MLS Number: 41147669
About This Property
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 provided by: Nolan Jones DRE #01509417 925-397-4200 nolan@theprescottcompany.com, KELLER WILLIAMS TRI VALLEY REALTY
Source: CRMLS, MLS #: 41147669
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.
Property Photos
Location
5116 Bancroft Avenue, Oakland, CA 94601Coordinates: 37.772029°N, -122.20456°W
Presented by Belmont Brokerage Inc.
California Real Estate Brokerage — DRE #02431308
Phone: (818) 967-6311
Website: bbandm.com
View full listing: bbandm.com/property/CA/oakland/5116-bancroft-avenue/1190323693