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    6423 Bancroft Ave

    Oakland, CA 94605
    • $1,195,000
    • STATUS: Active
    • ON SITE: 22 days
    • ID#: BE40945735
    UPDATED: 74 min ago
    $1,195,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,002
      SQFT
    • $299
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1966
    County:

    School Ratings & Info

    Description

    Price $1,195,000 | 4 Units | 4,002 SF | $299/SF | 7.29% CAP | 9.63 GRM PROPERTY HIGHLIGHTS . Great cash-flowing 4plex in the Havenscourt District of Oakland . In-place 7.29% CAP Rate / 9.63 GRM . Market 8.23% CAP Rate / 8.81 GRM . Limited expense load - Tenants pay BOTH water & electricity (all separate meters/unit) . Great tenants, no delinquencies, all rents up to date . Great opportunity for an owner-user or any investor . Well maintained property with a great pride of ownership . Strong in place rents with long term potential Location Overview . Walk Score 86 (Very Walkable) . Strong Bancroft Ave location - Very close to retail, restaurants, and dining options . Walking distance to transportation, Eastmont Mall and Mills College . Quick drive to multiple BART Locations and the I-580 / I-880 making it ideal for tenants commuting to San Francisco, downtown Oakland, Berkeley and other major employment hubs

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    © 2021 MLSListings Inc. Based on information from MLSListings MLS as of 2021-05-07T23:48:36.077. 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 Intero Real Estate.

    Licensed in the State of California.
    www.dominicnicoli.com/homes/116170900
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    6423 Bancroft Ave Oakland, CA 94605

    • Price: $1,195,000
    • Status: Active
    • Updated: 74 min ago
    • ID#: BE40945735
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    4,002
    SQFT
    $299
    $/SQFT
    1966
    Built
    Neighborhood:
    Oakland Zip Code 94605
    County:
    Alameda
    Area:
    Oakland Zip Code 94605
    Property Description
    Price $1,195,000 | 4 Units | 4,002 SF | $299/SF | 7.29% CAP | 9.63 GRM PROPERTY HIGHLIGHTS . Great cash-flowing 4plex in the Havenscourt District of Oakland . In-place 7.29% CAP Rate / 9.63 GRM . Market 8.23% CAP Rate / 8.81 GRM . Limited expense load - Tenants pay BOTH water & electricity (all separate meters/unit) . Great tenants, no delinquencies, all rents up to date . Great opportunity for an owner-user or any investor . Well maintained property with a great pride of ownership . Strong in place rents with long term potential Location Overview . Walk Score 86 (Very Walkable) . Strong Bancroft Ave location - Very close to retail, restaurants, and dining options . Walking distance to transportation, Eastmont Mall and Mills College . Quick drive to multiple BART Locations and the I-580 / I-880 making it ideal for tenants commuting to San Francisco, downtown Oakland, Berkeley and other major employment hubs
    Exterior Features

    Building Type Fourplex Roof None Yard Grounds None

    Interior Features

    Baths Unit1 1.00 Baths Unit2 2.00 Baths Unit3 2.00 Baths Unit4 1.00 Beds Unit1 3 Beds Unit2 4 Beds Unit3 4 Beds Unit4 3 Cooling Air Conditioning - None Flooring None Heating No Heating Laundry None Sq Ft Unit1 973 Sq Ft Unit2 1216 Sq Ft Unit3 1216 Sq Ft Unit4 597 Structure Sq Ft 4002

    Property Features

    Additional Listing Info Not Applicable Amenities None City Name Oakland Cross Street 64th Ave Hoa Amenities None Lot Size Area Maximum 5100.00 Property Sub Type Fourplex Rent Unit1 1966 Rent Unit2 3245 Rent Unit3 3160 Rent Unit4 1966 Sewer Septic None Sq Ft Source Public Records Water None

    © 2021 MLSListings Inc. All rights reserved. Listing provided courtesy of David Eckert of Transwestern Property Co..


    © 2021 MLSListings Inc. Based on information from MLSListings MLS as of 2021-05-07T23:48:36.077. 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 Intero Real Estate.

    Licensed in the State of California.
     
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