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Multifamily

4527-4547 Bancroft Ave

4527 Bancroft Ave, Oakland, CA 94601

Listing Price: $3,000,000

Cap Rate
7.30%
Number of Units
18
GRM
6.24
Occupancy
97.0%
Price/Unit
$166,667
Price/Gross SF
$206.27
Gross SF
14,544

Investment Overview

The Batlin group is pleased to present 4527 Bancroft Avenue in Oakland, California. This newly listed investment property offers a compelling opportunity with 18 units spread across three separate buildings, situated on a spacious 23,255-square-foot lot. Constructed in 1987, the property is exempt from Oakland’s rental adjustment program, providing flexibility for income optimization. Each of the 18 units features a desirable 2-bedroom, 1-bathroom layout, complete with a private deck or patio, enhancing tenant appeal. The property boasts 20 parking spaces, a valuable amenity for tenants in a competitive market. Additional features include an on-site laundry room, a heavy-duty security fence surrounding the property, and 8 security cameras, ensuring tenant safety and convenience. With its solid construction, strategic layout, and value-add potential, this property presents an attractive option for investors seeking stable cash flow and long-term growth in a prime Oakland location.

Investment Highlights

  • Spacious 2 Bedroom Units with private patios or decks
  • Heavy Duty Security fence with 8 security cameras
  • Large On-site Parking Lot

Exclusively Listed By

Multifamily

4527-4547 Bancroft Ave

Listing Price: $3,000,000

Cap Rate
7.30%
Number of Units
18
GRM
6.24
Occupancy
97.0%
Price/Unit
$166,667
Price/Gross SF
$206.27
Gross SF
14,544

Investment Highlights

  • Spacious 2 Bedroom Units with private patios or decks
  • Heavy Duty Security fence with 8 security cameras
  • Large On-site Parking Lot

Investment Overview

The Batlin group is pleased to present 4527 Bancroft Avenue in Oakland, California. This newly listed investment property offers a compelling opportunity with 18 units spread across three separate buildings, situated on a spacious 23,255-square-foot lot. Constructed in 1987, the property is exempt from Oakland’s rental adjustment program, providing flexibility for income optimization. Each of the 18 units features a desirable 2-bedroom, 1-bathroom layout, complete with a private deck or patio, enhancing tenant appeal. The property boasts 20 parking spaces, a valuable amenity for tenants in a competitive market. Additional features include an on-site laundry room, a heavy-duty security fence surrounding the property, and 8 security cameras, ensuring tenant safety and convenience. With its solid construction, strategic layout, and value-add potential, this property presents an attractive option for investors seeking stable cash flow and long-term growth in a prime Oakland location.

Exclusively Listed By

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