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7911 Bancroft Ave

Oakland, CA 94605
  • $4,995,000
  • STATUS: Active
  • ON SITE: 21 Days
  • MLS #: 41037673
UPDATED: 48 min ago
$4,995,000
  • 0
    BEDS
  • 0.52
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1963
County:

School Ratings & Info

Listing Agent(s): Steven Peterson of Infinity Investments (510-675-7755)


Description

This very nostalgic 2 story property is located at 7911 Bancroft Ave in Oakland California and has 17,391 square feet and sits on a .52-acre lot with 25 units. All units have heating systems, the exterior features are stucco, and the roof is rock gravel. The unit mix is 19 large one bedrooms and 6 large two bedrooms. This building has a brand-new roof with a lifetime GAF warranty against any leaks or repairs for the roofs lifetime! With 33% upside in rents, this building allows the next owner to increase returns and leverage investment in the hot Oakland market.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-22T12:32:25.023. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/142980294
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7911 Bancroft Ave Oakland, CA 94605

  • Price: $4,995,000
  • Status: Active
  • On Site: 21 Days
  • Updated: 48 min ago
  • MLS #: 41037673
0
Beds
0
Baths
0
½ Baths
0.52
Acres
1963
Built
County:
Alameda
Property Description
This very nostalgic 2 story property is located at 7911 Bancroft Ave in Oakland California and has 17,391 square feet and sits on a .52-acre lot with 25 units. All units have heating systems, the exterior features are stucco, and the roof is rock gravel. The unit mix is 19 large one bedrooms and 6 large two bedrooms. This building has a brand-new roof with a lifetime GAF warranty against any leaks or repairs for the roofs lifetime! With 33% upside in rents, this building allows the next owner to increase returns and leverage investment in the hot Oakland market.
Exterior Features

Construction Materials Stucco Lot Features Corner Lot Parking Total 24

Interior Features

Appliances Gas Water Heater Heating See Remarks

Property Features

Listing Service Limited Service Property Sub Type Apartment Tenant Pays Gas



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-22T12:32:25.023. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Steven Peterson of Infinity Investments (510-675-7755)