7615 Bancroft Ave., Oakland, CA 94605 - 40948316

Listing ID : BE40948316

Structure / Lot Size
6,139 Sqft / 0.1500 Acre
Year
1962

Description

Ten 1bd/1bth Units with Two Units Vacant & Multiple Years of Banked Rent Increases; One Unit Remodeled, Including New Kitchen, Flooring, Window, Electrical, Plumbing, Lighting, Appliances, and HVAC; Individually Metered for Gas and Electric, On Site Laundry, Secure Gated Access, Off-Street Parking, and Room for ADU's; Conveniently Located Near Oakland's Bancroft Business District; 9.93% Market Cap & 7.61 Market GRM; Email Agent For Complete Marketing Package.

Details

Type: Multi-Family/Income Sale

Subdivision: Oakland Zip Code 94605

County: Alameda

HOA Amenities: Other

Building Type: Apartment Complex

Building Size: 6,139 SqFt

Days on Market: 941

Access Features: Other

Amenities: Other

Flooring: Other

Laundry: Other

Number of Units: 10

Parking Spaces: 10

Property Type: Commercial Sale

Roof: Other

Sub Type: Five or More Units

View: Other

Water: Other

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Interactive

7615 Bancroft Ave., Oakland, CA 94605
Directions to here from: 155 mi

Area Information 94605

Population:

43,967 Up .09% since 2010

Average Income:

$131,393

Average Age:

38Years

Gender:

48.87%Male
51.13%Female

Households:

16,56929.8% with children

Average Value:

$844,627

Occupancy:

59.22%Owned
40.78%Rented
4.24%Vacant

Education:

20.42%High School
6.29%Associate
21.6%Bachelor
16.87%Graduate

Average Residency:

20Years

Crime Rate:

Above Average

Annual Rainfall:

24.26Inches

Earthquake Risk:

Very High

Ozone Risk:

Average

Pollution Risk:

Average

Tornado Risk:

Very Low

Wind Risk:

Very Low

History

Date	Transaction	Price	Mortgage Amt & Lender
Date Sep 24, 2021	Transaction Sold - Commercial Multi-Residential (5+ units)EB40948316	Price $1,500,000	Mortgage Amt & Lender - -
Date Mar 10, 2021	Transaction Sold - Commercial Multi-Residential (5+ units)BE40810220	Price $1,200,000	Mortgage Amt & Lender - -
Date Mar 10, 2021	Transaction Sold - Commercial Multi-Residential (5+ units)EB40365313	Price $625,000	Mortgage Amt & Lender - -
Date May 19, 2020	Transaction Expired - Commercial Multi-Residential (5+ units)BE40692665	Price $899,000	Mortgage Amt & Lender - -
Date Aug 03, 2017	Transaction Expired - Commercial Multi-Residential (5+ units)EB40302823	Price $739,000	Mortgage Amt & Lender - -
Date Aug 03, 2017	Transaction Expired - Commercial Multi-Residential (5+ units)EB40345418	Price $690,000	Mortgage Amt & Lender - -
Date Aug 03, 2017	Transaction Expired - Commercial Multi-Residential (5+ units)EB40673522	Price $899,500	Mortgage Amt & Lender - -

Mortgage Calculator

Listed by Steven Pinza with The Pinza Group, Inc

Based on information from the MLSListings MLS) as of 11/30/2023. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than iPro Real Estate are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. Based on information from the MLSListings MLS) as of 11/30/2023. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. ©2023 MLSListings Inc. All rights reserved. Data updated approximately every 30 minutes

Office: 888-603-IPRO

7615 Bancroft Ave. - $1,749,000