9874 Bancroft Avenue
9874 Bancroft Avenue
$1,595,000
—
8,048
8,048
$198
Pending
Description
10-unit apartment building with a current cap rate of 9.43% and a current GRM of 7.34. The property was built in 1960, offers approximately 8,050 square feet of rental space and sits on a 7,700 square foot lot with off-street parking spaces and a spacious backyard. The units have been remodeled over time and offer updated kitchens and bathrooms, double pane windows, wood floors, stainless steel appliances and more. The property is almost 100% occupied, easy to manage, and has friendly tenants. This...10-unit apartment building with a current cap rate of 9.43% and a current GRM of 7.34. The property was built in 1960, offers approximately 8,050 square feet of rental space and sits on a 7,700 square foot lot with off-street parking spaces and a spacious backyard. The units have been remodeled over time and offer updated kitchens and bathrooms, double pane windows, wood floors, stainless steel appliances and more. The property is almost 100% occupied, easy to manage, and has friendly tenants. This is a low maintenance property and separately metered for PG&E providing low annual operating expenses. The exterior and interior are in good condition with little to no deferred maintenance resulting in an attractive turn-key investment for the next owner. This is one of the best locations in East Oakland located on a tree-lined street across from Reach Academy. There are a variety of restaurants, coffee shops, schools, and parks throughout the area with easy access to HWY580 and various fo
- Listed by David Howarth • DRE #01360348 • The Pinza Group, Inc
Property Details for 9874 Bancroft Avenue
City
OAKLAND
Building TypeGarden Apts
Property Sub TypeGarden Apts
Garage/ParkingOther
Total # Parking Spaces9
Location
LISTING UPDATED: 04/28/2024 12:10 PM
Property Details for 9874 Bancroft Avenue
Status | Pending |
---|---|
MLS # | 41050927 |
Days on Compass | 63 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | 5+ Units / Five or More Units |
Year Built | 1960 |
County | Alameda County |
Location
Building Information for 9874 Bancroft Avenue
Building/Complex9874 Bancroft AveFloor-Stories-Residences10Pet Policy-Year Built1960Building Size-
Payment Calculator
$11,711 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 9874 Bancroft Avenue
Property History for 9874 Bancroft Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 9874 Bancroft Avenue
Taxable ValueLand$750,533Additions$871,904Total$1,622,437
Tax Record2023$36,075 ($3,006 / month)
Home Facts
Total Finished SqFt7,612 SqFtAbove Grade Finished SqFt7,612 SqFtStories2Lot Size7,700 SqFtStyleMulti-Family Res (5+ Units)Year Built1960CountyALAMEDAAPN46-5478-21-4
Schools near 9874 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 | |||
Public - | 6 to 8 |
Rating | School | Distance |
---|---|---|
Reach Academy PublicK to 5 | ||
Elmhurst United Middle Public6 to 8 | ||
Castlemont High Public9 to 12 | ||
Alliance Academy Public6 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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