Oakland, CA 94605,5645 Bancroft Avenue
Listed by Helen Chong • Haylen
Bought with Out of Area Office

$1,150,000

$1,390,000

17.3%
Est.Price: ?

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Est. payment /mo

5,013 SqFt


SOLD DATE : 12/18/2023

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

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Paul LeJoy

Broker-Owner | Lic# 01467744

+1(510) 299-0093

34906 Newark Blvd, Newark, CA

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