$695,000 $3,731 est/mo Sourced by Back At You
5116 Bancroft Avenue,Oakland, CA 94601
Oakland, CA 94601
Description
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!
Details
| MLS # | 41147669 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1949 |
| Days On Site | 66 |
| Listing Provided By | KELLER WILLIAMS TRI VALLEY REALTY | Nolan Jones |
Features
| Units | 5 |
|---|---|
| Acreage | 0.11 |
Interior
| Cooling | None |
|---|---|
| Heating | Electric |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
Exterior
| Construction Materials | Stucco |
|---|
Area Information
| State | CA |
|---|---|
| County | Alameda |
| City | Oakland |
| Zip Code | 94601 |
| Community Name | BANCROFT |
| Listing VS Median (in BANCROFT) | |
Price: $695,000 low | high Med: $567,500 On site: 66 low | high Med: 56 | |
Market Activity 94601
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Learn More About This Property
| State | CA |
|---|---|
| County | Alameda |
| City | Oakland |
| Zip Code | 94601 |
| Community Name | BANCROFT |
| Listing VS Median (in BANCROFT) | |
Price: $695,000 low | high Med: $567,500 On site: 66 low | high Med: 56 | |
Nearby Listings (Within 1/4 mile)
Price: $521K - $868K
sqft: 0 - 0
Listing Updated: September 28, 2026 at 10:01:51 PM PDT