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Sold for $1,150,000
  • $1,150,000

    Bancroft, Oakland, CA 94605

    3beds
    2baths
    5,013sqft
    Five Or More Units, Residential Income
    Built in 1965
    -- sqft lot
    $1,152,900 Zestimate®
    $229/sqft
    $2,686 Estimated rent

    Home value

    $1,152,900

    $1.04M - $1.29M

    $2,686/mo

    Zestimate® history
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    $2,686/mo

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    $2,686/mo

    Rent Zestimate®

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    $7,286/mo

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    $7,286/mo

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    What's special

    Additional drive-way spaceKey code accessFully renovated unitsIndividual garagesNew exterior paint
    One of the most well maintained 5-unit building, with 3 fully renovated units plus a bonus unit for additional income, located in the Seminary neighborhood in Oakland. Desirable unit mix of (4) 2 bedrooms, (1) 1 bedroom, plus bonus unit. Significant capital improvements completed, including new sewer lateral and replacement of original cast iron to PVC (to the main line), and cleanout; new exterior paint including fence and gate, maintenance repairs to garage, roof, gutters. Gated building with 24-hour security camera system installed throughout the exterior. Key code access for entry, individual garages with additional drive-way space, plus ample street parking. Less than 10 minutes to two BART stations, convenient access to 880 and 580 freeways, great central location. May deliver up to 1 vacant unit at closing. Pro forma cap rate 7+. All information deemed reliable but not guaranteed, potential buyer to verify all.

    Zillow last checked:

    Listing updated:

    Listed by:

    Helen Chong 01700495 408-800-5478,

    Haylen,

    Peter Whang 01996428 310-701-7484

    Bought with:

    RECIP, 00000000

    Out of Area Office

    Source: MLSListings Inc,MLS#: ML81930885MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    Heating
    • Wall Furnace
    Cooling
    • None
    Appliances
    • Laundry: None
    Features
    • Doors: None
    Interior area
    • Total structure area: 5,013
    • Total interior livable area: 5,013 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Attached, Off Street, On Street
    • Garage spaces: 5
    • Has carport: Yes
    Accessibility
    • Accessibility features: None
    Lot
    • Size: 5,880 sqft
    Details
    • Parcel number: 038322301002
    • Zoning: RM
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Five Or More Units, Residential Income
    Materials
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • Year built: 1965

    Utilities & green energy

    • Gas: PublicUtilities
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Public Utilities, Water Public

    Community & neighborhood

    Location
    • Region: Oakland

    Other

    Other facts
    • Listing agreement: ExclusiveRightToSell
    • Listing terms: CashorConventionalLoan

    Price history

    DateEventPrice
    12/18/2023Sold$1,150,000-17.3%$229/sqft
    Source: MLSListings Inc #ML81930885 Report a problem
    12/11/2023Pending sale$1,390,000$277/sqft
    Source: MLSListings Inc #ML81930885 Report a problem
    10/16/2023Contingent$1,390,000$277/sqft
    Source: MLSListings Inc #ML81930885 Report a problem
    6/8/2023Listed for sale$1,390,000$277/sqft
    Source: MLSListings Inc #ML81930885 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Oak Knoll/Golf Links

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: OaklandUnified

    Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,152,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,152,900