9500 Bancroft Avenue
$1,295,000
—
5,700
5,700
$227
Description
www.pinzaoaklandportfolio.com; The Pinza Group is pleased to present 9500 Bancroft Ave, a distinguished eight-unit property in Oakland's sought-after Castlemont neighborhood. This property offers eight 2bd/1bth units, each providing 712 SF of living space. The current rental rates, set at approximately 50% below market, unveil a substantial opportunity for significant rental upside upon turnover, capital improvement pass-throughs, or tenant buy-outs. Fully leased and equipped with individual electric...www.pinzaoaklandportfolio.com; The Pinza Group is pleased to present 9500 Bancroft Ave, a distinguished eight-unit property in Oakland's sought-after Castlemont neighborhood. This property offers eight 2bd/1bth units, each providing 712 SF of living space. The current rental rates, set at approximately 50% below market, unveil a substantial opportunity for significant rental upside upon turnover, capital improvement pass-throughs, or tenant buy-outs. Fully leased and equipped with individual electric and gas metering, this property stands as an excellent investment avenue with clear growth potential, suitable for established investors. The building is set on a large 7,000 SF lot and offers a 1:1 off-street parking ratio, enhancing its appeal and convenience for tenants. Email agent on property website for more info. 11.03 GRM; 6.76 Market GRM
- Listed by Steven Pinza • DRE #01867691 • The Pinza Group, Inc
Property Details for 9500 Bancroft Avenue
City
OAKLAND
Building Type5 or More Units
Property Sub Type5 or More Units
Garage/ParkingOther
Total # Parking Spaces8
LISTING UPDATED: 08/20/2024 01:18 AM
Property Details for 9500 Bancroft Avenue
Status | Active |
---|---|
MLS # | 41069613 |
Days on Compass | 126 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | 5+ Units / Five or More Units |
Year Built | 1961 |
Lot Size | 0.16 AC / 7,000 SF |
County | Alameda County |
Building Information for 9500 Bancroft Avenue
Stories-Residences8Year Built1961Building Size-Lot Size0.16 AC / 7,000 SF
Property Information for 9500 Bancroft Avenue
Property History for 9500 Bancroft Avenue
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 9500 Bancroft Avenue
Taxable ValueLand$282,780Additions$377,040Total$659,820
Tax Record2024$15,299 ($1,275 / month)
Home Facts
Total Finished SqFt5,700 SqFtAbove Grade Finished SqFt5,700 SqFtStories2Lot Size7,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1961CountyALAMEDAAPN46-5474-21-4
Schools near 9500 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 | |||
Public - | 6 to 8 |
Rating | School | Distance |
---|---|---|
Reach Academy Elementary PublicK to 5 | ||
Elmhurst United Middle Public6 to 8 | ||
Castlemont High Public9 to 12 | ||
Alliance Academy Public6 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.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.