$3,025,000 USD
270-441-7800
4527 Bancroft Ave
Oakland, CA 94601
Middle East Oakland
HIGHLIGHTS
- 100% occupied 18-unit multifamily asset with consistent two-bedroom layouts and stabilized cash flow.
- Exempt from Oakland rent control, allowing for operational flexibility and market-aligned rental growth.
- Ample on-site parking with 19 spaces, a competitive advantage in East Oakland’s supply-constrained market.
- Established tenant base with approximately 75% of residents in place for 10+ years, supporting stability.
- Embedded rental upside with scheduled rent increase in April 2026 and further potential through turnover.
- Prime location near retail, transit, and major employment nodes, supporting durable rental demand.
FOR SALE DETAILS
PRICE
$3,025,000 USD
PRICE/SF
$208 USD /SF
# OF UNITS
18
PRICE/UNIT
$168,056
CAP RATE
7.37%
% LEASED
100%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1988
PARKING SPACES
15
LAND DETAILS
LAND ACRES
0.53 AC
LAND SF
23,291 SF
ZONING
-
APN/PARCEL ID
035-2358-050-01
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270-441-7800
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270-441-7800
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