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ANGELINA NGUYEN

angelinannhan@gmail.com +1(408) 952-9437

Listed by Stephen Pagones, DRE #01760998 • Oak Tree Property Group

$ 1,095,000

Est. payment | -/mo

2 Beds

1 Bath

5,001 SqFt

Save

$ 1,095,000

Est. payment | -/mo

Save

2 Beds

1 Bath

5,001 SqFt

Open House

Tue Jun 23, 12:00pm - 1:00pm

Thu Jun 25, 12:00pm - 1:00pm

Key Details

Property Type Multi-Family, Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 5,001 sqft

Price per Sqft $218

MLS Listing ID BE41138539

Bedrooms 2

Year Built 1946

Lot Size 3,670 Sqft

Property Sub-Type Five or More Units

Source Bay East

Property Description

Introducing an exceptional investment opportunity at 6625 Bancroft Avenue in Oakland, California. This well-maintained 5,001-square-foot multifamily property consists of six residential units originally constructed in 1946. Located in Oakland's thriving Bancroft Business District, the property offers investors a rare combination of stable income potential, strong rental demand, and long-term appreciation. The building features six two-bedroom, one-bathroom apartments, providing an attractive unit mix for tenants seeking comfortable and functional living spaces. A key advantage of the property is that each unit is individually metered for both PG&E and water service, significantly reducing owner-paid utility expenses and enhancing overall cash flow. The property's efficient operating structure, coupled with its desirable location, creates an attractive opportunity for both seasoned investors and those looking to expand their multifamily portfolio. With its classic character, strong fundamentals, and income-generating potential, 6625 Bancroft Avenue represents a compelling acquisition in one of Oakland's established residential corridors. Don't miss this opportunity to own a valuable multifamily asset with the potential for continued growth and long-term returns.

Location

State CA

County Alameda

Area Oakland Zip Code 94605

Interior

Heating Gas, Wall Furnace

Cooling None

Flooring Other

Exterior

Exterior Feature Stucco, Wood Frame

Roof Type Tar and Gravel

Building

Lot Description Regular

Others

Tax ID 39-3266-5

Special Listing Condition New, Not Applicable

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(408) 952-9437

angelinannhan@gmail.com

Learn More About LPT Realty

6625 Bancroft Ave Oakland, CA 94605