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9326 Bancroft Ave, Oakland, CA 94603
Priced at Only: $1,250,000
For more Information Call Mobile: 714.478.6676
Address: 9326 Bancroft Ave, Oakland, CA 94603
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  • MLS#: 41092888 ( )
  • Street Address: 9326 Bancroft Ave
  • Viewed: 5
  • Price: $1,250,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1966
  • Bldg sqft: 0
  • Days On Market: 50
  • Additional Information
  • County: ALAMEDA
  • City: Oakland
  • Zipcode: 94603
  • Provided by: Keller Williams Realty
  • Contact: Joey Joey
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Located in Oaklands Castlemont neighborhood and situated within a designated Opportunity Zone, 9326 Bancroft Avenue is a well maintained 7 unit apartment building in a high demand rental market. Just six blocks from Bishop ODowd High School and near Highway 580, Mills College, and Sequoyah Country Club, the property offers strong tenant appeal and long term appreciation potential. The unit mix includes six 1 bedroom/1 bathroom units and one 2 bedroom/1 bathroom unit, with several units featuring modern upgrades such as remodeled kitchens, updated bathrooms, new flooring, double pane windows, and fresh paint. Major capital improvements, including a new roof and completed soft story retrofit, enhance durability and reduce maintenance costs. With an 8.7% CAP rate, stable Section 8 and Abode Services income, and over $14,000 in monthly rent, this is a rare investment opportunity. Six vacant garages provide additional income potential or ADU development. Dont miss out on this exceptional multifamily asset!
Features
Appliances
  1. Gas Water Heater
Association Fee
  1. 0.00
Construction Materials
  1. Concrete
  2. Stucco
  3. Wood Siding
Flooring
  1. Laminate
  2. Carpet
  3. Tile
  4. Vinyl
Heating
  1. Forced Air
  2. Natural Gas
  3. Wall Furnace
Laundry Features
  1. Dryer Included
  2. Washer Included
Lot Features
  1. Level with Street
  2. Yard
Parcel Number
  1. 465473203
Parking Features
  1. Garage
  2. Covered
  3. Garage Door Opener
Roof
  1. Composition
Sewer
  1. Public Sewer
Sourcesystemkey
  1. 41092888:BMLS
Tenant Pays
  1. Gas
Year Built
  1. 1966
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Mobile: 714.478.6676
  5. Fax: 714.975.9953
  6. salesbyxavier@gmail.com
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