5645 Bancroft Avenue
5645 Bancroft Avenue
5645 Bancroft Avenue
5645 Bancroft Avenue
5645 Bancroft Avenue
5645 Bancroft Avenue
5645 Bancroft Avenue
5645 Bancroft Avenue
5645 Bancroft Avenue
5645 Bancroft Avenue
5645 Bancroft Avenue
5645 Bancroft Avenue
5645 Bancroft Avenue
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$1,390,000

5645 Bancroft Avenue

5,013 Sq.Ft.

Description

One of the most well maintained 5-unit building, with 3 fully renovated units plus a bonus unit for additional income, located in the Seminary neighborhood in Oakland. Desirable unit mix of (4) 2 bedrooms, (1) 1 bedroom, plus bonus unit. Significant capital improvements completed, including new sewer lateral and replacement of original cast iron to PVC (to the main line), and cleanout; new exterior paint including fence and gate, maintenance repairs to garage, roof, gutters. Gated building with 24-hour security camera system installed throughout the exterior. Key code access for entry, individual garages with additional drive-way space, plus ample street parking. Less than 10 minutes to two BART stations, convenient access to 880 and 580 freeways, great central location. May deliver up to 1 vacant unit at closing. Pro forma cap rate 7+. All information deemed reliable but not guaranteed, potential buyer to verify all.

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Location

5645 Bancroft Avenue, OAKLAND, CA 94605

Status

Active Under Contract
Helen Chong

Helen Chong

TITLE

Founder, CCIM, CIPS, GRI

Peter Whang

Peter Whang

TITLE

Investment Consultant

Property Amenities

Area & Lot
Lot Area 5,898 Sq.Ft.
Living area 5,013 Sq.Ft.
MLS® ID ML81930885
Year Built 1965
High School Oakland Unified
Elementary School 1686
Status Active Under Contract
Exterior
Water Source Public
Garage Space 5
Sewer Public Sewer
Parking Off Street, Attached
Roof Shingle
Finance
Sales Price $1,390,000

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Schedule a Showing

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