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Listed by: Nolan Jones (510) 867-4806 DRE #01509417 | KELLER WILLIAMS TRI VALLEY REALTY (925) 397-4200
$695,000
Monthly Est:$3,459
-- Bed
- -- Bath
--sqft
5116 Bancroft Ave, Oakland, CA 94601
$695,000
$3,459/moEst:
Get Pre-Approved
Multi Family
Built in 1949
$-- HOA
4,800 sqft lot
--/sqft
Description
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!
- Houzeo last checked: 3 hours ago
- Listing updated: September 16, 2026 at 8:33 am
- Source: California Regional MLS-CA | MLS#: 41147669

Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
1949
HOA Fees
-
Finished Area
- sqft
Lot Size
4,800 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
41147669
MLS Status
Active
Days on Market
6
Cumulative Days on Market
7

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Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Heating
Electric
Cooling
None
Construction
Year Built
Year Built: 1949
Home type
Multi Family
Construction Materials
Stucco
Other Features
Tenant Pays
Gas
Subdivision Name
Bancroft
Price History
| Date | Event | Price |
|---|---|---|
09/08/2026 Source: | Listed for Sale | $695,000 +46.32% $0/sqft |
07/07/2026 Source: | Off Market | $475,000 $0/sqft |
06/30/2026 Source: | Listed for Sale | $475,000 $0/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Sep 16, 2026, 12:30PM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
Advertising Broker: William Johnson DRE #01463271 | William Johnson Brokerage
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