5223 Bancroft Avenue
$957,000
5
4
2,785
2,785
$344
Sold 4/14/22
Description
5223 Bancroft Avenue is a four-unit building located in Oakland's Fairfax Submarket. Built in 1923 the property boasts 3 one-bedroom one-bathroom units and 1 two-bedroom one bathroom unit. Tenants enjoy a backyard common area, and washer dryer hookups in units. The property is individually metered for all utilities allowing for lower operating expenses and is positioned for significant income growth through tenant turnover, rent increases, and converting the backyard common area into parking (potential...5223 Bancroft Avenue is a four-unit building located in Oakland's Fairfax Submarket. Built in 1923 the property boasts 3 one-bedroom one-bathroom units and 1 two-bedroom one bathroom unit. Tenants enjoy a backyard common area, and washer dryer hookups in units. The property is individually metered for all utilities allowing for lower operating expenses and is positioned for significant income growth through tenant turnover, rent increases, and converting the backyard common area into parking (potential for additional income). Nearby conveniences include Fruitvale BART, Mills College and I-880.
- Listed by Michael Pagones • DRE #01749383 • Oak Tree Property Group
Property Details for 5223 Bancroft Avenue
City
OAKLAND
Building TypeFOURPLEX
Property Sub TypeFOURPLEX
Garage Spaces0
Garage/ParkingOff-Street Parking
Park Spaces Total0
Total # Parking Spaces0
LISTING UPDATED: 10/17/2024 08:08 AM
Property Details for 5223 Bancroft Avenue
Status | Sold |
---|---|
MLS # | 40981401 |
Days on Compass | 2 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Fourplex |
Year Built | 1923 |
Lot Size | 0.11 AC / 4,800 SF |
County | Alameda County |
Building Information for 5223 Bancroft Avenue
Stories-Residences4Year Built1923Building Size-Lot Size0.11 AC / 4,800 SF
Property Information for 5223 Bancroft Avenue
Property History for 5223 Bancroft Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 5223 Bancroft Avenue
Taxable ValueLand$298,698Additions$696,963Total$995,661
Tax Record2024$16,380 ($1,365 / month)
Home Facts
Total Finished SqFt2,785 SqFtAbove Grade Finished SqFt2,785 SqFtStories2Lot Size4,800 SqFtStyleQuadraplexYear Built1923Year Renovated1930CountyALAMEDAAPN35-2394-5
Schools near 5223 Bancroft Avenue
This home is within Oakland Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 6 to 8 |
Rating | School | Distance |
---|---|---|
Horace Mann Elementary School PublicK to 5 | ||
Frick United Academy of Language Public6 to 8 | ||
Fremont High Public9 to 12 | ||
Oakland Charter Academy Charter6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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