Active
7911 6955 Bancroft
Oakland CA, 94605
$4,449,000
Active
Multi-family
Built in 1963
8% Existing CAP, 12.6% Market CAP. SELLER IS DESPERATE TO SELL! ENTERTAINING ALL OFFERS Income and Expense, Rent Roll and T-12 in attached documents. All units have heating systems, the exterior features are stucco, and the roof is rock gravel. The unit mix is 19 large one bedrooms and 6 large two bedrooms. This building has a brand-new roof with a lifetime GAF warranty against any leaks or repairs for the roof's lifetime! With 33% upside in rents, this building allows the next owner to increase returns and leverage investment in the hot Oakland market. All information provided by owner and not verified by sellers brokerage
224005941
MLSⓇ ID
May 9, 2024
Updated
Map
7911 6955 Bancroft
Oakland CA, 94605
Interior Features
Interior Features
Wood
Floor Description
Wood
Fireplace
No
Cooling
Yes
Cooling Description
Ceiling Fan(s)
Heating
No
Exterior/Building Features
Lot Size
0.52 Acres
Lot Features
Corner Lot
Sewer
Public Sewer
School Information
School District
Oakland Unified
Other Property Details
Area Name
2621
Garage
No
Parking Total
25
View
No
County
Alameda
Water Source
Public
Pool
No
Zoning
RM3
Buyer Agency Compensation
2.5%
Courtesy of Dream Home Real Estate & Home Loans, Dhruv Goswamy,
Listing Contact:
Data maintained by METROLIST® may not reflect all real estate activity in the market. All information has been provided by seller/other sources and has not been verified by broker. All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. All interested persons should independently verify the accuracy of all information. All real estate advertising placed by anyone through this service for real properties in the United States is subject to the US Federal Fair Housing Act of 1968, as amended, which makes it illegal to advertise 'any preference, limitation or discrimination because of race, color, religion, sex, handicap, family status or national origin or an intention to make any such preference, limitation or discrimination.' This service will not knowingly accept any advertisement for real estate which is in violation of the law. Our readers are hereby informed that all dwellings, under the jurisdiction of U.S. Federal regulations, advertised in this service are available on an equal opportunity basis.
©2024 METROLIST®. All rights reserved.
Data last updated 8:21 AM UTC