9500 Bancroft Ave, Oakland, CA 94603
  • MLS#: 41069613 ( )
  • Street Address: 9500 Bancroft Ave
  • Viewed: 7
  • Price: $1,295,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1961
  • Bldg sqft: 0
  • Days On Market: 159
  • Additional Information
  • County: ALAMEDA
  • City: Oakland
  • Zipcode: 94603
  • Provided by: The Pinza Group, Inc
  • Contact: Steven Steven
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    www.pinzaoaklandportfolio.com; The Pinza Group is pleased to present 9500 Bancroft Ave, a distinguished eight unit property in Oakland's sought after Castlemont neighborhood. This property offers eight 2bd/1bth units, each providing 712 SF of living space. The current rental rates, set at approximately 50% below market, unveil a substantial opportunity for significant rental upside upon turnover, capital improvement pass throughs, or tenant buy outs. Fully leased and equipped with individual electric and gas metering, this property stands as an excellent investment avenue with clear growth potential, suitable for established investors. The building is set on a large 7,000 SF lot and offers a 1:1 off street parking ratio, enhancing its appeal and convenience for tenants. Email agent on property website for more info. 11.03 GRM; 6.76 Market GRM
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Features
Association Fee
  1. 0.00
Cooling
  1. See Remarks
Days On Market
  1. 54
Heating
  1. See Remarks
Sourcesystemkey
  1. 41069613:BMLS
Water Source
  1. Other
Year Built
  1. 1961