4527 Bancroft AVE new

Oakland,CA 94601

$ 3000000

2 Beds

1 Bath

14544 SqFt


Key Details

Property Type Multi-Family

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 14,544 sqft

Price per Sqft $206

MLS Listing ID ML81999666

Bedrooms 2

Full Baths 1

Year Built 1987

Lot Size 0.534 Acres

Property Sub-Type Five or More Units

Property Description

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.

Location

State CA

County Alameda

Zoning RU-3

Interior

Heating Other

Cooling Other

Exterior

Parking Features Assigned Spaces

Garage Spaces 20.0

Utilities Available Other

Roof Type Shingle

Building

Foundation Other

Sewer Other

Water Other

Others

Special Listing Condition Not Applicable

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