9326 Bancroft Ave, Oakland, CA 94603 - Berkshire Hathaway HomeServices California Properties
9326 Bancroft Ave Oakland, CA 94603
$1,250,000 0 beds, 0 baths
0 sqft

Agent Remarks

Located in Oakland’s Castlemont neighborhood and situated within a designated Opportunity Zone, 9326 Bancroft Avenue is a well-maintained 7-unit apartment building in a high-demand rental market. Just six blocks from Bishop O’Dowd High School and near Highway 580, Mills College, and Sequoyah Country Club, the property offers strong tenant appeal and long-term appreciation potential. The unit mix includes six 1-bedroom/1-bathroom units and one 2-bedroom/1-bathroom unit, with several units featuring modern upgrades such as remodeled kitchens, updated bathrooms, new flooring, double-pane windows, and fresh paint. Major capital improvements, including a new roof and completed soft-story retrofit, enhance durability and reduce maintenance costs. With an 8.7% CAP rate, stable Section 8 and Abode Services income, and over $14,000 in monthly rent, this is a rare investment opportunity. Six vacant garages provide additional income potential or ADU development. Don’t miss out on this exceptional multifamily asset!

Listing Details

Property type: (Multi-Family)
Status: Pending
MLS# 41092808
List price is $1,250,000
HOA Fee is $0.00
Beds: 0
Baths: 0
Built in 1966
0.09 acres
Lot size: 0.0872
County: Alameda
Construction: Concrete,Stucco,Wood Siding
Appliances: Gas Water Heater,Dryer,Washer
Lot description: Street Level
Heating description: Forced Air,Natural Gas,Wall Furnace

Last Updated: 5/1/2025

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Lat/Long: 37.751611, -122.163906.
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Listing Agent: Joey Wang
Lic#: 01234982
Office Name: Mission Viejo

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