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$695,000

  • For Sale
  • Active
  • Commercial Residential Facility
  • 1.1 Acres
  • Updated 10 hours ago
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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!

Full Property Details for 5116 Bancroft Ave

General

  • Price: $695,000
  • Status: Active
  • Type: Commercial Residential Facility
  • Source: MAX
  • MLS ID: 41147669
  • Updated: 10/9/2026
  • Added to Site: 31 day(s) ago

Interior

  • Flooring: Laminate, Carpet

Additional Information

  • Equipment: None

Parking

  • Parking Features: Parking Lot

Location

  • Area: Listing
  • County: Alameda
  • Subdivision: Bancroft
  • Driving Directions: None

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Electric

Utilities

  • Water: Public

Structural Information

  • Exterior Const.: Stucco
  • Roof: Flat
  • Year Built: 1949

Lot Features

  • Lot Size (Acres): 1.1
  • Lot Dimensions: 1.1

Financial Considerations

  • Price Per Sq. Ft.: $339
  • Terms: None

Listed by Keller Williams Tri Valley Realty, Nolan Jones

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Listing agent

— 5116 Bancroft Ave —

  • Nolan Jones

    Keller Williams Tri Valley Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5116 Bancroft Ave

School District:Oakland Unified School District
NameGradesDistance
Horace Mann Elementary School, Oakland, CA
5222 Ygnacio Avenue, Oakland, CA 94601
K-50.2 mi
Frick United Academy of Language
2845 64th Avenue, Oakland, CA 94605
6-81.1 mi
Fremont High
4610 Foothill Boulevard, Oakland, CA 94601
9-120.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5116 Bancroft Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/09/2026
Listed
$695,000
213.06%
MLS
2/09/2005
Sold
$222,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5116 Bancroft Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,881
—
$469,143
2%
2025
$10,881
5%
$459,946
2%
2024
$10,365
-2%
$450,930
2%
2023
$10,592
6%
$442,091
2%
2022
$9,963
11%
$433,425
2%
2021
$8,983
1%
$424,926
—
2020
$8,900
8%
$422,820
3%
2019
$8,212
2%
$412,328
2%
2018
$8,040
6%
$404,245
2%
2017
$7,572
4%
$396,322
2%
2016
$7,311
9%
$388,554
14%
2015
$6,680
1%
$340,000
11%
2014
$6,645
9%
$305,000
11%
2013
$6,118
—
$275,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 5116 Bancroft Ave

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Keller Williams Tri Valley Realty, Nolan Jones

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5116 Bancroft Avenue, Oakland, CA 94601 (MLS# 41147669) is a Commercial Residential Facility property. 5116 Bancroft Avenue is currently listed for $695,000 and was received on September 09, 2026. Want to learn more about 5116 Bancroft Avenue? Do you have questions about finding other Commercial Residential Facility real estate for sale in Oakland? You can browse all Oakland real estate or contact a Coldwell Banker agent to request more information.

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