MLS#: 374142323

$3,000,000 USD

  • Minimum sellable space
    14,544ft²
The details

Property features

Construction details

  • Year built: 1987
  • Roofing: Shingle

Area

  • Property size: 14,544ft²
  • Land/Lot size: 23,255ft²

Description

4527 Bancroft Avenue offers a compelling opportunity with 18 units spread across three separate buildings, situated on a spacious 23,255-square-foot lot. Each of the 18 units features a desirable 2-bedroom, 1-bathroom layout, complete with a private deck or patio, enhancing tenant appeal. The property boasts 20 parking spaces, a valuable amenity for tenants in a competitive market. Additional features include an on-site laundry room, a heavy-duty security fence surrounding the property, and 8 security cameras, ensuring tenant safety and convenience. With its solid construction, strategic layout, and value-add potential, this property presents an attractive option for investors seeking stable cash flow and long-term growth in a prime Oakland location.

Location

Oakland, California
Courtesy of Sam Runco Marcus & Millichap