$695,000

5116 Bancroft Avenue, Oakland, CA 94601

Multi-Family Home
Built in 1949
4,800sqft lot
—— car garage
$——/sqft
Listed 29 days ago

Property Description

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!

Listing Status:: Active
Date Added:: September 9, 2026
Data Last Updated:: October 8, 2026 at 9:16PM
Listing Office:: KELLER WILLIAMS TRI VALLEY REALTY : 925-397-4200
Listing Agent:: Nolan Jones : 510-867-4806
MLS ID:: 41147669

A/C: None
Heating: Electric

Parking: Parking spaces: 2

General: Stucco

HOA Amenities: 0.0
Originating MLS: CRMLS_BMLS
County: Alameda

Zoning: 35238713

Source: CRMLS_BMLS

This listing courtesy of Nolan Jones , KELLER WILLIAMS TRI VALLEY REALTY

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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