9874 Bancroft, Oakland
Oakland Home For Sale
10-unit apartment building with a current cap rate of 9.43% and a current GRM of 7.34. The property was built in 1960, offers approximately 8,050 square feet of rental space and sits on a 7,700 square foot lot with off-street parking spaces and a spacious backyard. The units have been remodeled over time and offer updated kitchens and bathrooms, double pane windows, wood floors, stainless steel appliances and more. The property is almost 100% occupied, easy to manage, and has friendly tenants. This is a low maintenance property and separately metered for PG&E providing low annual operating expenses. The exterior and interior are in good condition with little to no deferred maintenance resulting in an attractive turn-key investment for the next owner. This is one of the best locations in East Oakland located on a tree-lined street across from Reach Academy. There are a variety of restaurants, coffee shops, schools, and parks throughout the area with easy access to HWY580 and various fo
Property Details
Additional Information
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- City:
- Oakland
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- County:
- Alameda
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- Zip:
- 94603
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- MLS® #:
- 41050927
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- Lot Size:
- 0.18
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- HOA Dues:
- $
Price Change History for 9874 Bancroft, Oakland, (MLS® #41050927)
| Date | Details | Price | Change |
|---|---|---|---|
| Pending (from Active) | – | – | |
| Price Reduced | $1,595,000 | $100,000 (5.90%) | |
| Price Increased | $1,695,000 | $100,000 (6.27%) | |
| Price Reduced (from $1,695,000) | $1,595,000 | $100,000 (5.90%) |
Based on information from California Regional Multiple Listing Service, Inc. as of July 18th, 2024 at 12:36pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.