Address
7615 Bancroft Ave Oakland, CA
Price
$ 1,495,000
Property Attributes
  • ID#40948316
  • TypeMulti-Family
  • CountyALAMEDA
  • CityOakland
  • AreaOakland Zip Code 94605
  • Zip94605
  • StyleApt Complex
  • Price$ 1,495,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6139
  • Lot Size6,534 SqFt
Listing Provided Courtesy Of:
Steven Pinza with The Pinza Group, Inc.
Data Source:
Contra Costa Association of REALTORS
Property Description

$100K Price Reduction; Ten Large 1bd/1bth Units; 100% Occupied; 5.31% Current Cap & 11.81 Current GRM; Multiple Years of Banked Rent Increases; One Unit Remodeled, Including New Kitchen, Flooring, Window, Electrical, Plumbing, Lighting, Appliances, and HVAC; Individually Metered for PG&E, On Site Laundry, Secure Gated Access, Off-Street Parking, and Room for ADU's; Conveniently Located Near Oakland’s Bancroft Business District; 11.91% Market Cap & 6.53 Market GRM.

Price History
5/5/2021 Listed $1,749,000
6/2/2021 9% - $1,595,000
6/26/2021 7% - $1,495,000

General Features

Age 59
Laundry Y/N Other

Exterior Features

Apx Lot Sq Ft 6534
Lot Size Area 0.15

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 94605

Price
AVG $990K
$1.5M
Visits
AVG 48
47
Year Built
AVG 1953
1962
Walkscore
AVG 79
82
Data Provided by Walkscore ® not using MLS data

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