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5116 Bancroft Avenue Oakland, CA $ 695,000
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$ 695,000 Get more info
5116 Bancroft Avenue
$ 695,000
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Share Save

5116 Bancroft Avenue

Oakland, CA, 94601
$ 695,000
Bedrooms-- Baths-- Sq 2,050

Monthly Estimate*

$ 4,800

5116 Bancroft Avenue, Oakland, CA 94601 - Image 1

Commercial Property for sale in Oakland, CA

for $695,000. This 2,050 square foot building was built in 1949 on a lot size of 1.1.

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!

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Commercial Active

Price

$ 695,000

Property Type

Commercial

Taxes

$ 0

Style

5 or More Units

Lot Size

1.1

Year Built

1949

Town/City

Oakland

County/Region

Alameda

MLS | Web ID

41147669
Features
General
Living Area 2050
Heating Electric
Cooling None
Roof Flat
Construction Materials Stucco
Year Built 1949
Property Subtype 5 or More Units
Community Features None
County Alameda
Property Type Commercial Sale
HOA false
Subdivision Name Bancroft
Garage Y/N false
Status Active
Directions None
City Oakland
MLS Area Listing
Lot Size Square Feet 4800
Standard Status Active
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Interior
Flooring Laminate Carpet
Air Conditioning Y/N false
Heating Y/N true
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Exterior
Parking Features Parking Lot
Water Source Public
Lot Size Area 1.1
Building Area Total 2050
Lot Size Acres 1.1
Other Equipment None
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* Excluded Features
List By
Nolan Jones

Listing Agent

Keller Williams Tri Valley Realty

Broker

nolan@theprescottcompany.com

Email

Affordability Calculator

$4,800
Per Month
100%
0%
0%
Monthly Principal & Interest
$4,800
Monthly Property Taxes
--
Monthly Home Insurance
--
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
4827338 Elementary School
0 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
9/9/2026$695,000 Listed Price

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5116 Bancroft Avenue, Oakland, CA, 94601 is a Commercial Property for sale at $695,000 with 2,050 sqft and a lot size of 1.1. 5116 Bancroft Avenue was built in 1949. The property's zip code is 94601 which is in Oakland, CA

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