5116 Bancroft Avenue, Oakland, CA 94601
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Travis Breton

Travis Breton

+1(760) 470-2752
$ 695,000
Est. payment | /mo

4,800 Sqft Lot

Save
$ 695,000
Est. payment | /mo
Save

4,800 Sqft Lot

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Subdivision Bancroft

MLS Listing ID 41147669

HOA Y/N No

Year Built 1949

Lot Size 4,800 Sqft

Property Description

BEST PRICED 5 UNIT PROPERTY ON THE MARKET! Outstanding investment opportunity offering a 7.92% CAP RATE, 6.81 GRM, and $102,000 in gross potential income! This turnkey 5 unit property features all studio layouts, with three units tastefully renovated within the past few months. Numerous property improvements have already been completed, including the roof, providing strong cash flow and limited near term capital needs. Gated entry adds privacy and security. With strong income, recent renovations, and compelling investment metrics, this property stands out as an exceptional value. MUST SEE!

Location

State CA

County Alameda

Interior

Heating Electric

Cooling None

Fireplace No

Exterior

Total Parking Spaces 2

Others

Tax ID 35238713

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Nolan Jones KELLER WILLIAMS TRI VALLEY REALTY #01509417

Nearby Locations

Travis Breton

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(760) 470-2752

travisbreton@gmail.com

1902 Wright Place #200, Carlsbad, CA 92008, USA

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5116 Bancroft Avenue

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