For Sale
New7 days ago
No HOANo HOA
Multi family home for sale at 5116 Bancroft Ave, Oakland, CA 94601 | MLS# 41147669 | Listing updated on 2026-09-16
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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

  • Beds Icon-- Bed
  • Beds Icon
    -- Bath
  • Beds Icon--sqft

5116 Bancroft Ave, Oakland, CA 94601

$3,459/moEst:

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  • 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 California Regional MLS-CA

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Building
5116 Bancroft Ave
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Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Alameda County

  • City

    Oakland

  • Neighborhood

    Fairfax Business (wentworth Holland)

  • 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

DateEventPrice

09/08/2026

Source: mls_logoCalifornia Regional MLS-CA #41147669

Listed for Sale

$695,000 +46.32%

$0/sqft

07/07/2026

Source: mls_logoCalifornia Regional MLS-CA #41140185

Off Market

$475,000

$0/sqft

06/30/2026

Source: mls_logoCalifornia Regional MLS-CA #41140185

Listed for Sale

$475,000

$0/sqft

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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