5477 Bancroft Avenue

Oakland, CA 94601

$2,080,000
Price
Beds
5,136 Sq. Ft.
$405 / Sq. Ft.
5,136
Sq. Ft.
$405
per Sq. Ft.

Description

Welcome to 5477 Bancroft Ave, Oakland, CA 94601, a prime investment opportunity featuring 16 updated studio units. This 1928-built multifamily property spans 5,120 SF on a 0.21-acre lot. Recent upgrades include new paint, kitchen flooring, updated bathrooms, and new water heaters, ensuring tenant satisfaction and low maintenance costs.Welcome to 5477 Bancroft Ave, Oakland, CA 94601, a prime investment opportunity featuring 16 updated studio units. This 1928-built multifamily property spans 5,120 SF on a 0.21-acre lot. Recent upgrades include new paint, kitchen flooring, updated bathrooms, and new water heaters, ensuring tenant satisfaction and low maintenance costs.
  1. Listed by William J Lee • DRE #02216007 • Nation Home Realty

Property Details for 5477 Bancroft Avenue

Cross Street
55th Avenue
Total Parking Spaces
0

Location

Listing Courtesy of Nation Home Realty, William J Lee, DRE #02216007
Add your commute
LISTING UPDATED: 05/29/2024 09:53 PM

Property Details for 5477 Bancroft Avenue

StatusActive
MLS #424033599
Days on Compass15
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / 5 or More Units
Year Built1928
Lot Size0.21 AC / 9,151 SF
CountyAlameda County

Location

Listing Courtesy of Nation Home Realty, William J Lee, DRE #02216007
Add your commute

Building Information for 5477 Bancroft Avenue

Stories-Residences16Year Built1928Building Size-Lot Size0.21 AC / 9,151 SF

Payment Calculator

$13,637 per month

30 year fixed, 7.25% Interest

Principal and Interest

$11,351

Property Taxes

$2,286

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5477 Bancroft Avenue

Summary
Location and General Information
  • Area/District: Oakland Zip 94601
  • Area Short Display: 2601
  • Topography: Level
  • Location Description: Oakland Zip 94601
Taxes and HOA Information
  • APN: 035-2391-002-01
  • City Transfer Tax Rate: .00%
  • County Transfer Tax Rate: .00%
  • Association: No
Parking
  • Covered Spaces: 0
  • Independent Parking Spaces: 0
  • Carport Spaces: 0
  • Garage Spaces: 0
  • Tandem Parking Spaces: 0
  • Open Parking Spaces: 0
  • Num of Parking Spaces: 0.0
Virtual Tour
  • Virtual Media Count: 0
Property
Lot Information
  • Square Footage Source: Assessor Auto-Fill
  • Lot Size Source: Assessor Auto-Fill
  • Lot Features: Garden
Property and Assessments
  • Possession: Close of Escrow
  • Picture Count: 17
  • Photos Provided By: Agent
  • Elevation: 0
  • Units Furnished: None
Green Features
  • Green Verification Year: 0
Interior and Exterior Features
Exterior Features
  • Elevation Units: Feet
  • # of Floors: 0
  • # of Guest Space(s): 0
  • # Of Buildings: 0
  • Stories: 0
  • Levels: Five or More
  • Patio And Porch Features: Balcony/Deck
Interior Features
  • Heating: Wall Furnace
  • Appliances: Dishwasher, Free Standing Gas Oven, Free Standing Gas Range, Free Standing Refrigerator
  • Basement: None
  • Cooling: None
  • Flooring: Carpet, Laminate, Wood
  • Full Bathrooms: 0
  • # of Rooms: 32
Room Information
1 Bedroom Unit
  • # of 1 Bedroom Units: 0
  • 1 Bedroom Annual Occupancy: .00%
  • # of 1 Bedrooms Occupied: 0
2 Bedroom Unit
  • # of 2 Bedroom Units: 0
  • 2 Bedroom Annual Occupancy: .00%
  • # of 2 Bedrooms Occupied: 0
3 Bedroom Unit
  • # of 3 Bedroom Units: 0
  • 3 Bedroom Annual Occupancy: .00%
  • # of 3 Bedrooms Occupied: 0
4 Bedroom Unit
  • # of 4 Bedroom Units: 0
  • 4 Bedroom Annual Occupancy: .00%
  • # of 4 Bedrooms Occupied: 0
Multi Family
Income & Expenses
  • Gross Rent Multiplier: 9.14
  • Gross Income Multiplier: 0.0
  • Utilities Expense: 21876.0
Multi-Family Information
  • # Commercial Units: 0
  • Total # Owner Occupied: 0
  • # Studios Occupied: 0
  • # of Studio Units: 0
  • # of Units: 16
  • # Of Units Total: 16
  • # Of Units Vacant: 2
  • # Of Units Leased: 14
  • Total # Leasable: 0
  • Total # Section 8: 0
Unit 1
  • Unit 1 Bedrooms: 0
  • Unit 1 Full Baths: 0
  • Unit 1 Partial Baths: 0
  • Unit 1 Rent: $.00
  • Unit 1 Approx SqFt: 0.0
  • Unit 1 # of Rooms: 0
Unit 2
  • Unit 2 Bedrooms: 0
  • Unit 2 Full Baths: 0
  • Unit 2 Partial Baths: 0
  • Unit 2 Rent: $.00
  • Unit 2 Approx SqFt: 0.0
  • Unit 2 # of Rooms: 0
Unit 3
  • Unit 3 Bedrooms: 0
  • Unit 3 Full Baths: 0
  • Unit 3 Partial Baths: 0
  • Unit 3 Rent: $.00
  • Unit 3 Approx SqFt: 0.0
  • Unit 3 # of Rooms: 0
Unit 4
  • Unit 4 Bedrooms: 0
  • Unit 4 Full Baths: 0
  • Unit 4 Partial Baths: 0
  • Unit 4 Rent: $.00
  • Unit 4 Approx SqFt: 0.0
  • Unit 4 # of Rooms: 0
Rental
Rent Information
  • # Of Units Month to Month: 0
  • Studio Annual Occupancy: .00%

Property History for 5477 Bancroft Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5477 Bancroft Avenue

Taxable ValueLand$381,805Additions$712,436Total$1,094,241
Tax Record2023$27,432 ($2,286 / month)
Home Facts
Total Finished SqFt5,136 SqFtAbove Grade Finished SqFt5,136 SqFtStories1Lot Size9,154 SqFtStyleMulti-Family Res (5+ Units)Year Built1928CountyALAMEDAAPN35-2391-2-1

Schools near 5477 Bancroft Avenue

This home is within Oakland Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Horace Mann Elementary School
PublicK to 5

Frick United Academy of Language
Public6 to 8

Fremont High
Public9 to 12

East Oakland Leadership Academy
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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5477 Bancroft Avenue is a multi-family home for sale in Oakland, CA 94601. This property was listed for sale on May 16, 2024 by Nation Home Realty, it's currently listed at $2,080,000. It has been on the market for a total of 15 days and was last sold on December 30, 2004. This listing's school district is Oakland Unified School District. Nearby schools include Horace Mann Elementary School, Frick United Academy of Language and Fremont High. 5477 Bancroft Avenue is a 0-bed, 0-bath, 5,136 sqft multi-family home built in 1928.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Nation Home Realty, William J Lee, DRE #02216007

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.