About 5116 Bancroft Avenue
BEST PRICED 5 UNIT PROPERTY ON THE MARKET! Outstanding investment opportunity offering a 7.92% CAP RATE, 6.81 GRM, and $102,000 in gross potential income! This turnkey 5 unit property features all studio layouts, with three units tastefully renovated within the past few months. Numerous property improvements have already been completed, including the roof, providing strong cash flow and limited near term capital needs. Gated entry adds privacy and security. With strong income, recent renovations, and compelling investment metrics, this property stands out as an exceptional value. MUST SEE!
Features of 5116 Bancroft Avenue
| MLS® # | 41147669 |
|---|---|
| Price | $695,000 |
| Square Footage | 2,050 |
| Acres | 1.10 |
| Year Built | 1949 |
| Type | COMM RI MULTI-UNITS 5+ |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 5116 Bancroft Avenue |
|---|---|
| Subdivision | BANCROFT |
| City | Oakland |
| County | Alameda |
| State | CA |
| Zip Code | 94601 |
Amenities
| Parking | Parking Lot |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Electric |
|---|---|
| Cooling | None |
| Fireplace | No |
Exterior
| Lot Description | Zero Lot Line |
|---|---|
| Construction | Stucco |
Additional Information
| Date Listed | September 9th, 2026 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Nolan Jones |
|---|---|
| Office | KELLER WILLIAMS TRI VALLEY REALTY |