For more information regarding the value of a property, please contact us for a free consultation.
7615 Bancroft Ave Oakland, CA 94605
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $1,500,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 40948316
Sold Date 09/24/21
HOA Y/N No
Year Built 1962
Lot Size 6,534 Sqft
Acres 0.15
Property Description
$100K Price Reduction; Ten Large 1bd/1bth Units; 100% Occupied; 5.31% Current Cap & 11.81 Current GRM; Multiple Years of Banked Rent Increases; One Unit Remodeled, Including New Kitchen, Flooring, Window, Electrical, Plumbing, Lighting, Appliances, and HVAC; Individually Metered for PG&E, On Site Laundry, Secure Gated Access, Off-Street Parking, and Room for ADU's; Conveniently Located Near Oakland’s Bancroft Business District; 11.91% Market Cap & 6.53 Market GRM.
Location
State CA
County Alameda
Interior
Heating Wall Furnace
Cooling See Remarks
Fireplace No
Read Less
Bought with Steven Pinza • The Pinza Group, Inc
GET MORE INFORMATION