5116 Bancroft Avenue, Oakland, CA 94601

Oakland
Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
5116 Bancroft Avenue,Oakland, CA 94601
$695,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: nolan jones
Office: keller williams tri valley realty925-397-4200
MLS#:41147669
Source:CRMLS

Price summary

  • Price:$695,000

About this home

BEST PRICED 5 UNIT PROPERTY ON THE MARKET! Outstanding investment opportunity offering a 7.92% CAP RATE, 6.81 GRM, and $102,000 in gross potential income! This turnkey 5 unit property features all studio layouts, with three units tastefully renovated within the past few months. Numerous property improvements have already been completed, including the roof, providing strong cash flow and limited near term capital needs. Gated entry adds privacy and security. With strong income, recent renovations, and compelling investment metrics, this property stands out as an exceptional value. MUST SEE!

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Home facts

  • Year built:1949
  • Subdivision & Development:BANCROFT
  • Listing ID #:41147669
  • Added:59 day(s) ago
  • Updated:November 08, 2026 at 12:29 PM

Heating and cooling

  • Heating:Electric

Structure and exterior

  • Year built:1949
  • Lot area:0.11 Acres
  • Construction Materials:Stucco

Finances and disclosures

  • Price:$695,000

Parking

  • Total parking spaces:2
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