8531 Bancroft Avenue

Oakland, CA 94621

$599,000
Price
1
Beds
2
Baths
1,060 Sq. Ft.
$565 / Sq. Ft.
1,060
Sq. Ft.
$565
per Sq. Ft.

Description

Versatile RM-3/C Zoning: Whether you envision residential, commercial, or a dynamic blend of both, the flexible zoning sets the stage for multiple possibilities. Current Dual Residential Unit Configuration: Embrace flexibility with two distinct residential units, offering the ideal setup for multi-generational living, rental income, or a live-and-work scenario. (Currently used as 2 residential units with one unit vacant). Radiant Updated Ambiance: Bask in the renovated and updated atmosphere of light...Versatile RM-3/C Zoning: Whether you envision residential, commercial, or a dynamic blend of both, the flexible zoning sets the stage for multiple possibilities. Current Dual Residential Unit Configuration: Embrace flexibility with two distinct residential units, offering the ideal setup for multi-generational living, rental income, or a live-and-work scenario. (Currently used as 2 residential units with one unit vacant). Radiant Updated Ambiance: Bask in the renovated and updated atmosphere of light and bright light-filled interiors, creating an inviting and inspiring environment for living, working, or both. Convenient Off-Street Parking: Say goodbye to parking woes with dedicated gated off-street parking and a detached garage ensuring convenience and peace of mind for residents and visitors alike. Gated Entry: Privacy meets peace of mind with a gated front entry, offering exclusivity while enhancing the property's allure. Charming Brick Facade: Timeless charm and curb appeal, coupled with modern convenience. A charming brick facade—a statement of character and enduring elegance.
  1. Listed by Mark Lederer • DRE #01345197 • Red Oak Realty

Property Details for 8531 Bancroft Avenue

City
OAKLAND
Dist Neighborhood Subdiv
EASTMONT
Building Type
DUPLEX
Property Sub Type
DUPLEX
Garage/Parking
Detached Garage, Garage, Spaces per Unit - 1, Off-Street Parking, Parking Area
View
City Lights, Hills, Other
Park Spaces Total
2
Total # Parking Spaces
1

Open Houses

Sunday, May 5th

2:00 PM - 4:00 PM

PublicView Details

Location

Listing Courtesy of Red Oak Realty, Mark Lederer, DRE #01345197
Add your commute
LISTING UPDATED: 05/01/2024 06:16 PM

Property Details for 8531 Bancroft Avenue

StatusActive
MLS #41055900
Days on Compass21
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / DUPLEX
Year Built1930
Lot Size0.04 AC / 1,960 SF
CountyAlameda County

Location

Listing Courtesy of Red Oak Realty, Mark Lederer, DRE #01345197
Add your commute

Building Information for 8531 Bancroft Avenue

Stories-Residences2Year Built1930Building Size-Lot Size0.04 AC / 1,960 SF

Payment Calculator

$3,803 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,269

Property Taxes

$534

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 8531 Bancroft Avenue

Features
Feature Details
  • Flooring: Engineered Wood
  • Laundry: Dryer, Inside Unit, Washer
Room Details
  • Additional Rooms: Basement - Finished
Utility Details
  • Cooling: MultiUnits, Room Air
  • Heating: Electric
  • Water/Sewer: Sewer System - Public, Water - Public, Meter on Site, Mutual Water
Lot / Property Details
Home Owners Association
  • HOA Amenities: Other
Property Details
  • Additional Equipment: Washer, Window Coverings, Other, Carbon Mon Detector, Secured Access, Security Fence, Security Gate, See Remarks, Smoke Detector, Window Security Bars
  • City Transfer Tax: Yes
  • Exterior: Brick, Wood Siding, Wood
  • Lot Description: Level, Front Yard, Paved, Security Gate, See Remarks
  • Lot Sq Ft Apx: 1960
  • Lot Size Square Feet: 1960.0
  • Roof: Flat
  • Sq Ft Apx: 1060
  • Yard Description: Deck(s), Back Porch, Back Yard Fence, Fenced Front Yard, Full Fence, Low Maintenance
  • Year Built: 1930
  • Zoning: RM3C
  • Acres: 0.05
Location Details
  • Directions to Property: Take Bancroft till 86th Ave
  • FIPS Code: 06001
  • Parcel Number: 43-4569-4
  • Printed Neighborhood Rpt: Yes
  • Board ID: Bridge AOR
Multi Family Information
General Details
  • All Units Have: Patio, Updated Baths, Updated Kitchen
  • Some Units Have: Deck, Dishwasher, Disposal, Other, Patio, Updated Baths, Updated Kitchen
  • Units Total: 2
  • Basement: Finished, Other
  • Parking Description: Detached Garage, Garage Parking, Off Street Parking, Parking Area, Space Per Unit - 1, Private, See Remarks, Street Parking
  • Separate Meters: Electric
  • Existing Lease Terms: Year Lease
  • Tenant Pays: Electric
  • Financial Data Source: Owner
Income / Expense Details
  • Operating Expenses: Garbage Collection, Water
Unit 1 Details
  • Unit #/Address - 1: Unit A
  • Occupied By 1: Vacant
  • Dining Room 1: Yes
  • Air Cond 1: Yes
  • Fireplace 1: No
  • Refrigerator 1: Yes
  • Range/Oven 1: Yes
  • Bedrooms 1: 0
  • Bathrooms 1: 1
  • Parking Spaces 1: 1
  • Apx Sq Ft 1: 410
  • Rent 1: 2,050
Unit 2 Details
  • Unit #/Address - 2: Unit B
  • Occupied By 2: Tenant
  • Dining Room 2: Yes
  • Air Cond 2: No
  • Fireplace 2: No
  • Refrigerator 2: Yes
  • Range/Oven 2: Yes
  • Bedrooms 2: 1
  • Bathrooms 2: 1
  • Parking Spaces 2: 1
  • Apx Sq Ft 2: 650
  • Rent 2: 1950
Multi Family 5+ Information
Building Details
  • ADDTL MISC FEATURES: Other
Additional Information
Additional Information
  • Fireplace: No

Property History for 8531 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 8531 Bancroft Avenue

Taxable ValueLand$124,848Additions$239,292Total$364,140
Tax Record2023$6,403 ($534 / month)
Home Facts
Total Finished SqFt1,060 SqFtAbove Grade Finished SqFt1,060 SqFtStories1Lot Size1,960 SqFtStyleMiscellaneous CommercialYear Built1930Year Renovated1956CountyALAMEDAAPN43-4569-4

Schools near 8531 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 - 9 to 12
Rating
School
Distance
East Oakland Pride Elementary School
PublicK to 5

Elmhurst United Middle
Public6 to 8

Castlemont High
Public9 to 12

LPS Oakland R&D
Charter9 to 12

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.

Similar Homes

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8531 Bancroft Avenue is a multi-family home for sale in Oakland, CA 94621. This property was listed for sale on April 12, 2024 by Red Oak Realty, it's currently listed at $599,000. It has been on the market for a total of 21 days and was last sold on February 17, 2021. This listing's school district is Oakland Unified School District. Nearby schools include East Oakland Pride Elementary School, Elmhurst United Middle and Castlemont High. 8531 Bancroft Avenue is a 1-bed, 2-bath, 1,060 sqft multi-family home built in 1930.

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 Red Oak Realty, Mark Lederer, DRE #01345197

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.