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$3,000,000
Est. payment /mo
0.53 Acres Lot
UPDATED:
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
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Listed by Sam Runco Marcus & Millichap