5116 Bancroft Avenue
Oakland, CA 94601
--
Bed
0
Bath
4,800Sqft(Lot)
BEST PRICED 5 UNIT PROPERTY ON THE MARKET! Outstanding investment opportunity offering a 7.92% CAP RATE, 6.81 GRM, and $102,000 in gross potential income! This turnkey 5 unit property features all studio layouts, with three units tastefully renovated within the past few months. Numerous property improvements have already been completed, including the roof, providing strong cash flow and limited near term capital needs. Gated entry adds privacy and security. With strong income, recent renovations, and compelling investment metrics, this property stands out as an exceptional value. MUST SEE!
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Heating & Cooling
Has Heating: Yes Heating: Electric Has Cooling: Yes Cooling: None
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Building Information
Year Built: 1949Construction Materials: StuccoPrivate Pool: No
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Lot Information
Main Square Feet: 4800 Lot Size Acres: 0.1102 Lot Size Square Feet: 4,800Property Information
Subdivision: BANCROFT Source Property Type: ResidentialIncome Property Age: 77
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Listing Price Information
Listing Price: $695000
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Tax Information
Parcel Number: 35238713
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Parking Information
Parking Total: 2
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Location Information
Direction: Cross Street: 51st Avenue.
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 40th Avenue, Oakland, CA, 94601 | $499,999 | 2 | 2 | 1,138 | -- |
| Harrington Avenue, Oakland, CA, 94601 | $549,000 | 2 | 1 | 917 | -- |
| 2715 High, Oakland, CA, 94601 | $635,000 | 2 | 1 | 1,258 | 4,240 Sqft |
| Harrington Avenue, Oakland, CA, 94601 | $499,000 | 2 | 1 | 917 | 4,900.50 Sqft |
| Crittenden Street, Oakland, CA, 94601 | $839,000 | 3 | 3 | 2,146 | 6,451.24 Sqft |
| Hilton St, Oakland, CA, 94601 | $499,000 | 3 | 2 | 1,233 | -- |
| 2569 Maxwell Ave, Oakland, CA, 94601 | $879,000 | 3 | 2 | 1,674 | 3,760 Sqft |
| 2549 Monticello Av, Oakland, CA, 94601 | $659,000 | 3 | 1 | 1,068 | 3,502 Sqft |
| 4822 Gordon St, Oakland, CA, 94601 | $898,000 | 3 | 3 | 1,508 | 3,300 Sqft |
| 2469 Potter St, Oakland, CA, 94601 | $749,000 | 3 | 4 | 1,833 | 3,366 Sqft |
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ByOwner last updated this listing 09/10/2026 @ 15:54
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