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In-PersonVirtual Tour
$ 3,000,000
Est. payment | /mo
0.53 Acres Lot
$ 3,000,000
Est. payment | /mo
0.53 Acres Lot
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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Kris Rainwaters
REALTOR® | Lic# 02111780