9326 Bancroft Ave

Oakland, CA 94603

  • 0 Bed(s)
  • 0 Bath(s)
  • 0 Sqft
  • 3800
    Sqft(Lot)
$1,250,000

Description

Located in oakland’s castlemont neighborhood, 9326 bancroft avenue is a well-maintained 7-unit apartment building in a high-demand rental market. just six blocks from bishop o’dowd high school and near highway 580, mills college, and sequoyah country club, the property offers strong tenant appeal and long-term appreciation potential. the unit mix includes six 1-bedroom/1-bathroom units and one 2-bedroom/1-bathroom unit, with several units featuring modern upgrades such as remodeled kitchens, updated bathrooms, new flooring, double-pane windows, and fresh paint. major capital improvements, including a new roof and completed soft-story retrofit, enhance durability and reduce maintenance costs. with an 8.7% cap rate, stable section 8 and abode services income, and over $14,000 in monthly rent, this is a rare investment opportunity. six vacant garages provide additional income potential or adu development. don’t miss out on this exceptional multifamily asset!

  • Property Type

    Residential Income

  • County

    Alameda

  • Style

    Residential Income

  • AD ID

    49325178

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Property Details

  • Bathroom Information

    • Total Baths: 0

    Water/Sewer

    • Sewer : Public Sewer

    Interior Features

    • Roof : Composition
    • Property Appliances: Gas Water Heater,Dryer,Washer
    • Flooring: Carpet,Laminate,Tile,Vinyl

    Cooling Features

    • Air Conditioning

    Heating Source

    • Forced Air,Natural Gas,Wall Furnace
    • Has Heating

  • Building Information

    • Year Built: 1966
    • Construction: Concrete,Stucco,Wood Siding
    • Roof: Composition

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.0872
    • Lot Size Source: Public Records
    • Lot Size Square Feet: 3800

  • Listing Price Information

    • Original List Price: 1,250,000
    • Listing Contract Date: 2025-04-10

    Lease Information

  • Tax Information

    • Parcel Number: 465473203

  • Garage and Parking

    • Garage Description: Covered,Garage,Garage Door Opener

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Gas

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood:
    • Directions: North on International Blvd, right on 94th Ave Cross Street: Peach St.
    • Source Property Type: Residential Income

    Building and Construction

    • Property Age: 59
    • Year Built Source: Vendor Enhanced
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BuyOwner last updated this listing 04/16/2025 @ 06:05

  • MLS: 41092888
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 0 sqft, 3,800 sized lot, and 0 parking. are nearby neighborhoods.