4527 Bancroft AVE new

Oakland,CA 94601

$ 3000000

2 Beds

1 Bath

14544 SqFt


Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 14,544 sqft

Price per Sqft $206

MLS Listing ID ML81999666

Bedrooms 2

Full Baths 1

Year Built 1987

Lot Size 0.534 Acres

Property Sub-Type Five or More Units

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

Interior

Heating Other

Cooling Other

Exterior

Parking Features Assigned Spaces

Utilities Available Other

Roof Type Shingle

Building

Foundation Other

Sewer Other

Water Other

Others

Restrictions None

Tax ID 035-2358-050-01

Security Features Security Fence,Video / Audio System

Special Listing Condition Not Applicable

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