SOLD
$1,150,000
Date 12/18/2023

5645 Bancroft Avenue
Oakland, CA 94605

Business Opportunities
Residence
5,013
Sqft
0.1354
Lot Size
Listing Agent: Helen Chong CalDRE: 01700495 - Haylen
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.
ML81930885
Business Opportunities, Other
Alameda
1965
0.1354 Acres
Public
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Listing Agent: Helen Chong CalDRE: 01700495 - Haylen
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