7940 Bancroft Ave - Apartments FOR SALE


Oakland, CA 94605- Middle East Oakland
$2,500,000 USD
510-388-2781
7940 Bancroft Ave, Oakland, CA for Sale
$2,500,000 USD
Apartments - FOR SALE
1/2
null | 6% Cap Rate

7940 Bancroft Ave
Oakland, CA 94605
Middle East Oakland


HIGHLIGHTS

  • Stable Tenants

OVERVIEW

Presenting an exceptional investment opportunity at 7940 Bancroft Avenue, Oakland, CA This expansive property boasts 9 Units with 13 bedrooms and 11 bathrooms, offering a total of 7,561 square feet of living space. Ideally situated in a vibrant Oakland neighborhood, The spacious layout provides ample room for customization to suit your specific needs. The location offers convenient access to local amenities, public transportation, and major highways, making it an attractive option for potential buyers. This property is an opportunity for investors seeking to capitalize on Oakland's dynamic real estate market. Its size, location, and versatility make it a rare find in this sought-after area. Don't miss the chance to own this versatile property with such remarkable potential. In a prime Oakland location. This property is a must-see for serious investors looking to make a significant impact in Oakland's thriving community. Contact us today to schedule a viewing and explore the potential

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$331 USD /SF

# OF UNITS

9

PRICE/UNIT

$277,778

CAP RATE

6%

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Terrace Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,503 SF

ZONING

R-70, Oakland

APN/PARCEL ID

040-3378-004-05

ASK ABOUT THIS PROPERTY

Anne Gross-AyankoyaCorcoran Icon PropertiesMore Info
510-388-2781

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Anne Gross-AyankoyaCorcoran Icon PropertiesMore Info
510-388-2781

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.