6625 Bancroft Ave, Oakland, CA 94605
6625 Bancroft Ave, Oakland, CA 94605
6625 Bancroft Ave, Oakland, CA 94605
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Listed by Stephen Pagones • Oak Tree Property Group
$1,095,000
Est. payment /mo
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5,001 SqFt
Open Tue 12PM-1PM

6625 Bancroft Ave Oakland, CA 94605

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Max Manatt

Max Manatt

+1(925) 980-3375

Open House

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

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

UPDATED:

Key Details

Property Type Commercial

Sub Type Lowrise (1-3 Flrs)

Listing Status Active

Purchase Type For Sale

Square Footage 5,001 sqft

Price per Sqft $218

Subdivision Alameda County

MLS Listing ID 41138539

HOA Y/N No

Year Built 1946

Lot Size 3,670 Sqft

Property Sub-Type Lowrise (1-3 Flrs)

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

Interior

Heating Natural Gas, Wall Furnace

Cooling None

Flooring Other

Fireplace No

Building

Lot Description Rectangular Lot

Water Public

Others

Special Listing Condition Standard

Bay East Association of Realtors
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Max Manatt

Max Manatt

Agent | License ID: 01957416

+1(925) 980-3375

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