6504 Bancroft Ave - Apartments FOR SALE


Oakland, CA 94605- Middle East Oakland
$698,000 USD
6504 Bancroft Ave, Oakland, CA for Sale
$698,000 USD
Apartments - FOR SALE
1/14
null | 6.2% Cap Rate

6504 Bancroft Ave
Oakland, CA 94605
Middle East Oakland


HIGHLIGHTS

  • Duplex consists of two well-proportioned 2BD/1BA units with a detached-style layout— meaning the units do not share a common wall.
  • Located in prime East Oakland corridor, 6504 Bancroft Ave offers convenient access to I-580 and I-880, AC Transit lines, and nearby BART connections.
  • The rear 2BD/1BA unit will be delivered vacant and includes direct access to a private backyard along with one vacant garage.

OVERVIEW

For the OM, go to www.LoreMultifamily.forsale. Located in a prime East Oakland corridor, 6504 Bancroft Ave offers convenient access to I-580 and I-880, AC Transit lines, and nearby BART connections—making it well-positioned for commuters throughout the Bay Area. The property sits near Mills College and Merritt College, strengthening both rental appeal and long-term resale value. With neighborhood parks, local dining, and shopping just minutes away—and Downtown Oakland, Lake Merritt, San Leandro, and Alameda all within a short drive—the location provides central access without sacrificing neighborhood feel. This duplex consists of two well-proportioned 2BD/1BA units with a detached-style layout— meaning the units do not share a common wall, enhancing privacy for both households. The rear 2BD/1BA unit will be delivered vacant and includes direct access to a private backyard along with one vacant garage. Positioned away from the street, the rear unit offers a quieter living experience, ideal for an owner-occupant seeking space and separation. With one unit already leased and producing income, this property presents a flexible opportunity to live in one unit while generating rental income from the other

FOR SALE DETAILS

PRICE

$698,000 USD

PRICE/SF

$366 USD /SF

# OF UNITS

2

PRICE/UNIT

$349,000

CAP RATE

6.2%

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1945

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,498 SF

ZONING

-

APN/PARCEL ID

039-3276-018-00

ASK ABOUT THIS PROPERTY

Joey WangKW CommercialMore Info

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Joey WangKW CommercialMore Info

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.