7940 Bancroft Avenue Oakland, CA ^$ 2,500,000

7940 Bancroft Avenue

^$ 2,500,000

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7940 Bancroft Avenue

Oakland, CA, 94605

^$ 2,500,000

Bedrooms8 Baths6.0 Sq 7,561

Monthly Estimate*

^$ 15,597

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Commercial Property for sale in Oakland, CA

for $2,500,000 with 8 bedrooms and 6 full baths. This 7,561 square foot building was built in 1964 on a lot size of 0.249656.

Welcome to 7940 Bancroft Avenue, Oakland, CA—a remarkable investment opportunity offering substantial cash flow potential. This expansive property spans 7,651 square feet and features 13 bedrooms and 10 bathrooms, providing ample space for diverse residential applications. Situated in a vibrant Oakland neighborhood, this property is ideally positioned to capitalize on the area's growth and demand. Its generous layout and strategic location make it an attractive option for investors seeking a high-yield asset. The property's size and configuration allow for flexible usage, accommodating multiple tenants or a large family residence. Don't miss the chance to acquire a unique asset in a thriving market. This property is listed for sale and presents a rare opportunity to secure a substantial foothold in Oakland's dynamic real estate landscape. For more information or to schedule a viewing, please contact us today.

Commercial Active

Price

^$ 2,500,000

Bedrooms

Full Bath

Property Type

Commercial

Taxes

^$ 0

Style

5 or More Units

Lot Size

0.249656

Year Built

1964

Town/City

Oakland

County/Region

Alameda

MLS | Web ID

41111868

Features

General

Living Area 7561

Sewer Public Sewer

Heating Wall Furnace Other

Cooling None

Utilities Other Water/Sewer Water/Sewer Meter on Site Wired For Cable TV All Electric Cable Available Internet Available Individual Electric Meter Individual Gas Meter Master Electric Meter Master Gas Meter

Roof Composition Shingles

Appliances Free-Standing Range

Construction Materials Stucco Siding - Stucco

Year Built 1964

Property Subtype 5 or More Units

County Alameda

Property Type Commercial Sale

HOA N

Subdivision Name E Oakland

Garage Y/N No

Status Active

Directions Edwards -Left onto Bancroft

City Oakland

MLS Area Listing

Lot Size Square Feet 10875

Standard Status Active

Interior

Interior Amenities Other

Flooring Concrete Laminate Carpet Other

Air Conditioning Y/N No

Heating Y/N Yes

Fireplace Y/N No

Laundry Features Coin Operated Common Area Dryer Washer

Exterior

Exterior Amenities Balcony

Parking Features Carport Parking Lot Uncovered Parking Space Uncovered Park Spaces 2+

Lot Features Level Rectangular Lot Front Yard Landscaped

Water Source Water District

Lot Size Area 10890

Building Area Total 7561

Lot Size Acres 0.25

Internal Only

Street Number 1 7940

* Excluded Features

List By

Willie Garner

Listing Agent

Corcoran Icon Properties

Broker

Willie.Garner@Corcoranicon.com

Affordability Calculator

$15,597

Per Month

Monthly Principal & Interest: $15,597
Monthly Property Taxes: --
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Oakland, CA

Average List Price ^$1,609,848

Percent of Sale Price 36%

About Oakland, CA

423,136 Population

6% Since 2002

^$62,902 Median Income

38.73 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

806588 Elementary School

806593 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/17/2025	$2,500,000		Listed Price

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7940 Bancroft Avenue, Oakland, CA, 94605 is a Commercial Property for sale at $2,500,000 with 7,561 sqft and a lot size of 0.249656. 7940 Bancroft Avenue has 8 bedrooms, 6.0 baths, and was built in 1964. The property's zip code is 94605 which is in Oakland, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Bay East ©2025. CCAR ©2025. bridgeMLS ©2025. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 12/14/2025 12:50 PM UTC

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7940 Bancroft Avenue

Commercial Property for sale in Oakland, CA

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