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Listed by Sam Runco • Marcus & Millichap
$ 3,000,000
Est. payment | /mo
2 Beds
1 Bath
14,544 SqFt
$ 3,000,000
Est. payment | /mo
2 Beds
1 Bath
14,544 SqFt
Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 14,544 sqft
Price per Sqft $206
MLS Listing ID ML81999666
Bedrooms 2
Full Baths 1
Year Built 1987
Lot Size 0.534 Acres
Property Sub-Type Five or More Units
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
Heating Other
Cooling Other
Exterior
Parking Features Assigned Spaces
Utilities Available Other
Roof Type Shingle
Building
Foundation Other
Sewer Other
Water Other
Others
Restrictions None
Tax ID 035-2358-050-01
Security Features Security Fence,Video / Audio System
Special Listing Condition Not Applicable
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Kalani Stone
Agent | Lic# CalBRE: 01336392