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9326 Bancroft

Oakland, CA 94603
  • $1,500,000
  • STATUS: Active
  • ON SITE: 30 Days
  • ID#: 40976550
UPDATED: 38 min ago
$1,500,000
  • 0
    BEDS
  • 3800
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,432
    SQFT
  • $338
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1966
County:
Area:

School Ratings & Info

Description

This 7-unit property produces an amazing cash flow priced at a 6.5% Cap Rate with plenty of upside still to be realized within the existing rents. This property is located in Oaklands Opportunity Zone has the potential to convert garages into ADUs creating even more cash flow. Make this property the newest addition to your portfolio and benefit from Oaklands tremendously strong rental market.

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Bay East ©2022. CCAR ©2022. bridgeMLS ©2022. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2022-01-19T10:35:45.04.

www.greathomes.properties/homes/124174689
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9326 Bancroft Oakland, CA 94603

  • Price: $1,500,000
  • Status: Active
  • On Site: 30 Days
  • Updated: 38 min ago
  • ID#: 40976550
0
Beds
0
Baths
0
½ Baths
3800
Acres
4,432
SQFT
$338
$/SQFT
1966
Built
Neighborhood:
Oakland
County:
Alameda
Area:
Oakland
Property Description
This 7-unit property produces an amazing cash flow priced at a 6.5% Cap Rate with plenty of upside still to be realized within the existing rents. This property is located in Oaklands Opportunity Zone has the potential to convert garages into ADUs creating even more cash flow. Make this property the newest addition to your portfolio and benefit from Oaklands tremendously strong rental market.
Exterior Features

Attached Garage YN No Carport YN No Construction Materials Frame Garage YN No Lot Size Area 3800 Parking Features See Remarks Parking Spaces Total 0

Interior Features

Basement None Building Area Total 4432 Cooling Other Cooling YN Yes Flooring Other Heating See Remarks Heating YN Yes

Property Features

Age 55 City Transfer Tax Yes For Sale Or Rent For Sale Lot Features Other Other Equipment Other Point Of Sale Ordinance Yes Property Sub Type Apt Complex Special Listing Conditions Offer As Is Utilities Other Water/Sewer Water Source Other

Listing courtesy of Steven Peterson of Infinity Investments.


Bay East ©2022. CCAR ©2022. bridgeMLS ©2022. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2022-01-19T10:35:45.04.

 
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