9326 Bancroft Ave, Oakland, CA 94603
  • MLS#: 41092808 ( )
  • Street Address: 9326 Bancroft Ave
  • Viewed: 4
  • Price: $1,250,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1966
  • Bldg sqft: 0
  • Days On Market: 16
  • 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, 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!
Property Location and Similar Properties
Request More Information
  • All fields are required.
Contact Patrick Adams
Contacting Patrick Adams
  • All fields are required.
Schedule A Showing
Schedule a Showing.
  • All fields are required.
Check this box to Register with us:
Features
Appliances
  1. Gas Water Heater
Association Fee
  1. 0.00
Construction Materials
  1. Concrete
  2. Stucco
  3. Wood Siding
Heating
  1. Forced Air
  2. Natural Gas
  3. Wall Furnace
Laundry Features
  1. Dryer Included
  2. Washer Included
Lot Features
  1. Level with Street
Parcel Number
  1. 465473203
Roof
  1. Composition
Sourcesystemkey
  1. 41092808:BMLS
Tenant Pays
  1. Gas
Year Built
  1. 1966