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$3,000,000

Est. payment - /mo

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0.53 Acres Lot

Active

4527 Bancroft AVE Oakland, CA 94601

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Chris Mardelli

chris@therealupside.com +1(310) 571-5761

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML81999666

HOA Y/N No

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

Interior

Fireplace No

Exterior

Utilities Available Other

Roof Type Shingle

Total Parking Spaces 20

Building

Water Other

Schools

School District Other

Others

Tax ID 035235805001

Special Listing Condition Standard

Listed by Sam Runco Marcus & Millichap

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