5116 Bancroft Avenue Oakland, CA ^$ 695,000

5116 Bancroft Avenue

^$ 695,000

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5116 Bancroft Avenue

Oakland, CA, 94601

^$ 695,000

Bedrooms-- Baths0.0

Monthly Estimate*

^$ 4,800

Listed by Nolan Jones, KELLER WILLIAMS TRI VALLEY REALTY, nolan@theprescottcompany.com

5116 Bancroft Avenue, Oakland, CA 94601 - Image 1

Multi-Family Home for sale in Oakland, CA

for $695,000. This home was built in 1949 on a lot size of 0.1102.

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!

Multi-Family Active

Price

^$ 695,000

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1102

Year Built

1949

Town/City

Oakland

County/Region

Alameda

MLS | Web ID

41147669

Days on Market

Features

General

Heating Electric

Cooling None

HOA Fee 0

Construction Materials Stucco

Year Built 1949

Tenant Pays Gas

County Alameda

Property Type Residential Income

Subdivision Name BANCROFT

Status Active

Directions Cross Street: 51st Avenue.

City Oakland

Number Of Units Total 5

Lot Size Units Square Feet

Lot Size Square Feet 4800

Standard Status Active

Cap Rate 7.92

Interior

Air Conditioning Y/N true

Heating Y/N true

Total Baths 0

Exterior

Total Parking 2

Lot Size Area 4800

Lot Size Acres 0.1102

* Excluded Features

List By

Nolan Jones

Listing Agent

Keller Williams Tri Valley Realty

Broker

nolan@theprescottcompany.com

Affordability Calculator

$4,800

Per Month

Monthly Principal & Interest: $4,800
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.375% 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

Multi-family listings in Oakland, CA

Average List Price ^$1,025,911

Percent of Sale Price 48%

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.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/9/2026	$695,000		Listed Price

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5116 Bancroft Avenue, Oakland, CA, 94601 is a Multi-Family Home for sale at $695,000 with a lot size of 0.1102. 5116 Bancroft Avenue has 0.0 baths and was built in 1949. The property's zip code is 94601 which is in Oakland, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 10/19/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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5116 Bancroft Avenue

Multi-Family Home for sale in Oakland, CA

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