Oakland, CA 94605,7615 Bancroft Ave
Oakland, CA 94605,7615 Bancroft Ave
Oakland, CA 94605,7615 Bancroft Ave
20
$1,500,000
$1,500,000
Est.Price: ?

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6,534 Sqft Lot

7615 Bancroft Ave Oakland, CA 94605

Est. payment /mo
SOLD DATE : 09/24/2021

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Key Details

Sold Price $1,500,000

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 40948316

Year Built 1962

Lot Size 6,534 Sqft

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

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California Regional MLS (CRMLS)
Listed by Steven Pinza • The Pinza Group, Inc
Bought with Steven Pinza • The Pinza Group, Inc

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Todd Kingsley

Agent | License ID: 02118744

+1(310) 710-8633

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