4527 Bancroft AVE new

Oakland,CA 94601

$ 3000000

- Bed

0 Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML81999666

Year Built 1987

Annual Tax Amount $52,313

Lot Size 0.534 Acres

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

Exterior

Utilities Available Other

Roof Type Shingle

Building

Water Other

Schools

School District Other

Others

Special Listing Condition Standard

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