7615 Bancroft Ave, Oakland, CA 94605

About this property

$100K Price Reduction; Ten Large 1bd/1bth Units; 100% Occupied; 5.31% Current Cap & 11.81 Current GRM; Multiple Years of Banked Rent Increases; One Unit Remodeled, Including New Kitchen, Flooring, Window, Electrical, Plumbing, Lighting, Appliances, and HVAC; Individually Metered for PG&E, On Site Laundry, Secure Gated Access, Off-Street Parking, and Room for ADU's; Conveniently Located Near Oakland’s Bancroft Business District; 11.91% Market Cap & 6.53 Market GRM.

Listing description from the September 2021 sale, as reported to CRMLS.

Sale history

$1,500,000

Sold September 2021 · orig. $1,749,000, on market May 2021 · MLS #40948316 · Source: CRMLS

Listing Agent: Steven Pinza · Listing Office: The Pinza Group, Inc · Contact: 510-725-4775 · Bought with: Steven Pinza · The Pinza Group, Inc

$1,200,000

Sold April 2018 · orig. $12,000,000, on market February 2018 · MLS #40810220 · Source: CRMLS

Listing Agent: Michael Pagones · Listing Office: Oak Tree Property Group · Contact: 510-255-2248 · Bought with: Anthony Peterson · AMP Properties Inc.

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