Residential Income - 5116 Bancroft Avenue, Oakland, CA

$695,000

5116 Bancroft Avenue, Oakland, CA

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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!

Property details

Year built

1949

Property type

Residential Income

Lot size

4,800 sqft

Location

5116 Bancroft Avenue • Oakland, CA 94601

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Listed by

Nolan Jones · KELLER WILLIAMS TRI VALLEY REALTY

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5432 Bancroft Ave: Sold $435,000 · 3 bd · 1 ba · 1,091 sqft · Jun 2026 · 0.3 mi
Felicia Scruggs, Broker | DRE #02111993
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5465 Holland St: Sold $520,000 · 3 bd · 1 ba · 1,332 sqft · Jun 2026 · 0.3 mi
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1345 53Rd Ave: Sold $270,000 · 2 bd · 2 ba · 1,232 sqft · Jun 2026 · 0.3 mi
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1345 53Rd Ave: Sold $270,000 · Jun 2026 · 0.3 mi
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Closed sales reported in 94601, nearest first, last 12 months. All recent sales in Oakland →