Bought with Out of Area Office
$1,150,000
$1,390,000
17.3%For more information regarding the value of a property, please contact us for a free consultation.
5645 Bancroft Avenue Oakland, CA 94605
5,013 SqFt
Key Details
Sold Price $1,150,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 5,013 sqft
Price per Sqft $229
MLS Listing ID ML81930885
Sold Date 12/18/23
HOA Y/N No
Originating Board Datashare MLSListings
Year Built 1965
Lot Size 5,900 Sqft
Property Description
One of the most well maintained 5-unit building, with 3 fully renovated units plus a bonus unit for additional income, located in the Seminary neighborhood in Oakland. Desirable unit mix of (4) 2 bedrooms, (1) 1 bedroom, plus bonus unit. Significant capital improvements completed, including new sewer lateral and replacement of original cast iron to PVC (to the main line), and cleanout; new exterior paint including fence and gate, maintenance repairs to garage, roof, gutters. Gated building with 24-hour security camera system installed throughout the exterior. Key code access for entry, individual garages with additional drive-way space, plus ample street parking. Less than 10 minutes to two BART stations, convenient access to 880 and 580 freeways, great central location. May deliver up to 1 vacant unit at closing. Pro forma cap rate 7+. All information deemed reliable but not guaranteed, potential buyer to verify all.
Location
State CA
County Alameda
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Window Features Double Pane Windows
Exterior
Parking Type Attached
Building
Water Public
Read Less
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© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.