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9326 Bancroft

Oakland, CA 94603
  • $1,500,000
  • STATUS: Active
  • ON SITE: 35 Days
  • ID#: BE40976550
UPDATED: 55 min ago
$1,500,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1966
County:

School Ratings & Info

Description

This 7-unit property produces an amazing cash flow priced at a 6.5% Cap Rate with plenty of upside still to be realized within the existing rents. This property is located in Oakland's Opportunity Zone has the potential to convert garages into ADU's creating even more cash flow. Make this property the newest addition to your portfolio and benefit from Oakland's tremendously strong rental market.

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© 2022 MLSListings Inc. Based on information from MLSListings MLS as of 2022-01-24T10:49:01.72. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Schneider Estates, Inc.

Licensed in the State of California.
www.realestateofsantacruz.com/homes/124174799
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9326 Bancroft Oakland, CA 94603

  • Price: $1,500,000
  • Status: Active
  • On Site: 35 Days
  • Updated: 55 min ago
  • ID#: BE40976550
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1966
Built
Neighborhood:
Oakland Zip Code 94603
County:
Alameda
Area:
Oakland Zip Code 94603
Property Description
This 7-unit property produces an amazing cash flow priced at a 6.5% Cap Rate with plenty of upside still to be realized within the existing rents. This property is located in Oakland's Opportunity Zone has the potential to convert garages into ADU's creating even more cash flow. Make this property the newest addition to your portfolio and benefit from Oakland's tremendously strong rental market.
Exterior Features

Building Type Apartment Complex Exterior Wood Frame Lot Description Other Roof Other Units In Complex Max 7

Interior Features

Cooling Other Flooring Other Structure Sq Ft 4432

Property Features

Amenities None City Name Oakland Cross Street 98th Avenue Hoa Amenities None Lot Size Area Maximum 4432.00 Water Other

© 2022 MLSListings Inc. All rights reserved. Listing provided courtesy of Steven Peterson of Infinity Investments.


© 2022 MLSListings Inc. Based on information from MLSListings MLS as of 2022-01-24T10:49:01.72. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Schneider Estates, Inc.

Licensed in the State of California.
 
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