5116 Bancroft Avenue
For Sale

5116 Bancroft Avenue

5116 Bancroft Avenue, Oakland, CA 94601

$695,000
BEST PRICED 5 UNIT PROPERTY ON THE MARKET! Outstanding investment opportunity offering a 7.92% CAP RATE, 6.81 GRM, and $102,000 in gross potential income! This turnkey 5 unit property features all studio layouts, with three units tastefully renovated within the past few months. Numerous property improvements have already been completed, including the roof, providing strong cash flow and limited near term capital needs. Gated entry adds privacy and security. With strong income, recent renovations, and compelling investment metrics, this property stands out as an exceptional value. MUST SEE!

2,050 Sq.Ft. LIVING AREA

4,800 Sq.Ft. lot

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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.
Thank you for your interest in 5116 Bancroft Avenue, Oakland, CA 94601. We are reviewing your request and will be in touch shortly!
Nolan Jones

Nolan Jones

Features & Amenities

Interior

  • Flooring Laminate, Carpet

Area & Lot

  • Status For Sale
  • Living Area2,050 Sq.Ft.
  • Lot Area4,800 Sq.Ft.
  • MLS® ID41147669
  • TypeCommercial
  • YEAR BUILT1949

Exterior

  • water SourcePublic
  • roofFlat
  • parkingParking Lot
  • HEAT TYPEElectric
  • AIR CONDITIONINGNone

Financial

  • Sales Price$695,000

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Work With Us

The Prescott Company prides itself on being an expert in the market, as well as providing our clients with the necessary timely information, analysis, and strategies to ensure that our clients are able to successfully execute on their individual investment goals.

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