Sold
Last Sold Price
5 beds2,785 sqft
5223 Bancroft Ave, Oakland, CA 94601
Multi FamilyProperty Type
0.11 acresLot Size
1923Year Built
$344/sq ftPrice per sq ft

Description

5223 Bancroft Avenue is a four-unit building located in Oakland's Fairfax Submarket. Built in 1923 the property boasts 3 one-bedroom one-bathroom units and 1 two-bedroom one bathroom unit. Tenants enjoy a backyard common area, and washer dryer hookups in units. The property is individually metered for all utilities allowing for lower operating expenses and is positioned for significant income growth through tenant turnover, rent increases, and converting the backyard common area into parking (potential...5223 Bancroft Avenue is a four-unit building located in Oakland's Fairfax Submarket. Built in 1923 the property boasts 3 one-bedroom one-bathroom units and 1 two-bedroom one bathroom unit. Tenants enjoy a backyard common area, and washer dryer hookups in units. The property is individually metered for all utilities allowing for lower operating expenses and is positioned for significant income growth through tenant turnover, rent increases, and converting the backyard common area into parking (potential for additional income). Nearby conveniences include Fruitvale BART, Mills College and I-880.
  • Listed by: Michael Pagones DRE #01749383 • Oak Tree Property Group
Listing closed: 04/14/2022 12:00 AM • Source: EBRD, MLS#: 40981401

Recent comparable sales

Median sold price

$758,000

Avg days on market

86

Sale-to-list ratio

97.9%

Oakland, CA

9 comparable properties found

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1

$590,000

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5
Bedrooms
Unavailable
Bathrooms
3,162
Square Feet
0.15
Acres
$825,000 | 6921 MacArthur Boulevard, Oakland, CA 94605
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6
Bedrooms
Unavailable
Bathrooms
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Square Feet
0.17
Acres
$825,000 | 6931 MacArthur Boulevard, Oakland, CA 94605
3

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Sold 04/21/25

6
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Bathrooms
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Square Feet
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a front view of a house with a yard
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Sold 12/24/24

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Square Feet
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Acres
$825,000 | 2649 62nd Avenue, Oakland, CA 94605
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5
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Sold 01/21/26

5
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2,964
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0.26
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a backyard of a house with yard and outdoor seating
7

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Sold 02/10/26

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Unavailable
Bathrooms
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Square Feet
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Acres
$650,000 | 3506 San Leandro Street, Oakland, CA 94601
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4
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Unavailable
Bathrooms
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Square Feet
0.10
Acres
$946,000 | 2622 Kingsland Avenue, Oakland, CA 94619
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Sold 05/15/26

6
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Unavailable
Bathrooms
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Square Feet
0.07
Acres

Location

Listing Courtesy of Oak Tree Property Group, Michael Pagones, DRE #01749383

Sold By Realty ONE Group Future, Jermaine Duckett, DRE #01429637

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Property Taxes

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Property Information for 5223 Bancroft Avenue

Property Details
  • MLS Type: Residential Income / Fourplex
  • City: OAKLAND
  • Building Type: FOURPLEX
  • Property Sub Type: FOURPLEX
  • Garage Spaces: 0
  • Garage/Parking: Off-Street Parking
  • Park Spaces Total: 0
  • Total # Parking Spaces: 0
Building Information
  • Residences: 4
  • Year Built: 1923
  • Lot Size: 0.11 AC / 4,800 SF
Features
Feature Details
  • Flooring: Hardwood Floors, Tile, Other
  • Laundry: None
Room Details
  • Rooms Total: 0
  • Bathrooms Total Count: 0.0
  • Bathrooms Half: 0
Utility Details
  • Cooling: No Air Conditioning
  • Heating: Other Heat
  • Water/Sewer: Sewer System - Public, Water - Public
Lot / Property Details
Home Owners Association
  • HOA Amenities: Other
  • HOA Dues: $.00
Property Details
  • Additional Equipment: None
  • City Transfer Tax: Yes
  • Exterior: Stucco
  • Lot Description: Level
  • Lot Sq Ft Apx: 4800
  • Lot Size Square Feet: 4800.0
  • Roof: Unknown
  • Sq Ft Apx: 2785
  • Stories: 0.0
  • Yard Description: Back Yard
  • Year Built: 1923
  • Acres: 0.11
Location Details
  • Directions to Property: Take exit 25B for MacArthur Blvd to 55th Ave
  • FIPS Code: 06001
  • Parcel Number: 35-2394-5
  • Printed Neighborhood Rpt: No
  • Board ID: BAY EAST
Multi Family Information
General Details
  • Units Total: 4
  • Basement: None
  • Miscellaneous Features: Other
  • Parking Description: Off Street Parking
  • Separate Meters: Electric, Gas, Water
  • Existing Lease Terms: Written Agreement
  • Tenant Pays: Cable TV, Electric, Gas, Water
  • Total Deposits: $0
  • Financial Data Source: Other
Income / Expense Details
  • Annual Expense Year: 0
  • Annual Taxes $: $0
  • Annual Gross Fee Income: $0
  • Annual Gross Sched Income: $0
  • Annual Miscellaneous Income: $0
  • Annual Rental Income: $0
  • Gross Oper Income (Act): $0
  • Net Operating Income: $0
  • Annual Insurance Expense: $0
  • Annual License Expense: $0
  • Annual Maintance Expense: $0
  • Annual Management Expense: $0
  • Annual Total Oper Expense: $0
  • Annual Utility Expense: $0
  • Annual Vacancy Expense: $0
  • Other Annual Expense: $0
Unit 1 Details
  • Unit #/Address - 1: 5223
  • Occupied By 1: Tenant
  • Refrigerator 1: Yes
  • Range/Oven 1: Yes
  • Bedrooms 1: 1
  • Bathrooms 1: 1
  • Apx Sq Ft 1: 534
  • Rent 1: 855
Unit 2 Details
  • Unit #/Address - 2: 5225
  • Occupied By 2: Vacant
  • Refrigerator 2: Yes
  • Range/Oven 2: Yes
  • Bedrooms 2: 1
  • Bathrooms 2: 1
  • Apx Sq Ft 2: 698
  • Rent 2: 1750
Unit 3 Details
  • Unit #/Address - 3: 5227
  • Occupied By 3: Tenant
  • Refrigerator 3: Yes
  • Range/Oven 3: Yes
  • Bedrooms 3: 1
  • Bathrooms 3: 1
  • Apx Sq Ft 3: 693
  • Rent 3: 1550
Unit 4 Details
  • Unit #/Address - 4: 5229
  • Occupied By 4: Tenant
  • Refrigerator 4: Yes
  • Range/Oven 4: Yes
  • Bedrooms 4: 2
  • Bathrooms 4: 1
  • Apx Sq Ft 4: 607
  • Rent 4: 1400
Multi Family 5+ Information
Building Details
  • ADDTL MISC FEATURES: Other
  • Total Deposits: 0
Income / Expense Details
  • Gross Rent Multiplier: $0
Other Financial Information
  • Cap Rate: 0.0
Additional Information
Additional Information
  • Fireplace: No

Property History for 5223 Bancroft Avenue

DateEvent & SourcePriceAppreciation
Apr 14, 2022

Sold

EBRD #40981401

$957,000
Apr 14, 2022

Sold

CRMLS #40981401

$957,000
Apr 14, 2022

Sold

RESFAR #40981401

$957,000
DateEvent & SourcePrice
04/14/2022

Sold

EBRD #40981401

$957,000
04/14/2022

Sold

CRMLS #40981401

$957,000
04/14/2022

Sold

RESFAR #40981401

$957,000

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

Public Records for 5223 Bancroft Avenue

Taxable ValueLand$310,762Additions$725,113Total$1,035,875
Tax Record2025$17,068 ($1,422 / month)
Home Facts
Baths4Total Finished SqFt2,785 SqFtAbove Grade Finished SqFt2,785 SqFtStories2Lot Size4,800 SqFtStyleQuadraplexYear Built1923Year Renovated1930CountyALAMEDAAPN35-2394-5

Schools near 5223 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 - 6 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

Oakland Charter Academy
Charter6 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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 5223 Bancroft Avenue, Oakland, CA 94601
$957,000
5
2,785
4,800
3
2,304
4,800
5
3,276
4,800
$99,100
2
902
2,400
2
1
876
1,640
2
1
876
1,880

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Oak Tree Property Group, Michael Pagones, DRE #01749383

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.