$1,295,000
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9500 Bancroft Ave Oakland, CA 94603
Cluster
Residence
Beds
Baths
Sq. Ft.
0.16
Acre
Lot
Property Activity
Time on Site
days
Days on Market
Views
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www.pinzaoaklandportfolio.com; The Pinza Group is pleased to present 9500 Bancroft Ave, a distinguished eight-unit property in Oakland's sought-after Castlemont neighborhood. This property offers eight 2bd/1bth units, each providing 712 SF of living space. The current rental rates, set at approximat...ely 50% below market, unveil a substantial opportunity for significant rental upside upon turnover, capital improvement pass-throughs, or tenant buy-outs. Fully leased and equipped with individual electric and gas metering, this property stands as an excellent investment avenue with clear growth potential, suitable for established investors. The building is set on a large 7,000 SF lot and offers a 1:1 off-street parking ratio, enhancing its appeal and convenience for tenants. Email agent on property website for more info. 11.03 GRM; 6.76 Market GRM
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MLS#
41069613
Property Type
Cluster
Status
Year Built
1961
Lot Size
0.16
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