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$2,500,000

  • For Sale
  • Active
  • Commercial Residential Facility
  • 0.25 Acres
See This Home
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Welcome to 7940 Bancroft Avenue, Oakland, CA-a remarkable investment opportunity offering substantial cash flow potential. This expansive property spans 7,651 square feet and features 13 bedrooms and 10 bathrooms, providing ample space for diverse residential applications. Situated in a vibrant Oakland neighborhood, this property is ideally positioned to capitalize on the area's growth and demand. Its generous layout and strategic location make it an attractive option for investors seeking a high-yield asset. The property's size and configuration allow for flexible usage, accommodating multiple tenants or a large family residence. Don't miss the chance to acquire a unique asset in a thriving market. This property is listed for sale and presents a rare opportunity to secure a substantial foothold in Oakland's dynamic real estate landscape. For more information or to schedule a viewing, please contact us today.

Full Property Details for 7940 Bancroft Ave

General

  • Price: $2,500,000
  • Status: Active
  • Type: Commercial Residential Facility
  • Source: MAX
  • MLS ID: 41111868
  • Updated: 10/30/2025
  • Added to Site: 121 day(s) ago

Interior

  • Interior Features: Other
  • Appliances: Free-Standing Range
  • Flooring: Concrete, Laminate, Carpet, Other

Rooms

Other Rooms

  • Laundry: Coin Operated, Common Area, Dryer, Washer

Exterior

  • Exterior Features: Balcony

Parking

  • Parking Features: Carport, Parking Lot, Uncovered Parking Space, Uncovered Park Spaces 2+

Location

  • Area: Listing
  • County: Alameda
  • Subdivision: E Oakland
  • Driving Directions: Edwards -Left onto Bancroft

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Wall Furnace, Other

Utilities

  • Sewer: Public Sewer
  • Water: Water District
  • Cable Available: Yes
  • Utility Description: Other Water/Sewer, Water/Sewer Meter on Site, Wired For Cable TV, All Electric, Cable Available, Internet Available, Individual Electric Meter, Individual Gas Meter, Master Electric Meter, Master Gas Meter

Structural Information

  • Exterior Const.: Stucco, Siding - Stucco
  • Roof: Composition Shingles
  • Year Built: 1964

Lot Features

  • Lot Size (Acres): 0.25
  • Lot Dimensions: 10890
  • Lot Features: Level, Rectangular Lot, Front Yard, Landscaped

Financial Considerations

  • For Sale: Yes
  • Price Per Sq. Ft.: $331
  • Terms: Cash, Conventional, 1031 Exchange, Price As Is, Other, Call Listing Agent

Disclosures and Reports

  • Property ID: 40337845

Listed by Corcoran Icon Properties, Willie Garner and Corcoran Icon Properties, Anne Gross-Ayankoya

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Listing agents

— 7940 Bancroft Ave —

  • Willie Garner

    Corcoran Icon Properties

  • Anne Gross-Ayankoya

    Corcoran Icon Properties

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 7940 Bancroft Ave

School District:Oakland Unified School District
NameGradesDistance
East Oakland Pride Elementary School
8000 Birch Street, Oakland, CA 94621
K-50.2 mi
Frick United Academy of Language
2845 64th Avenue, Oakland, CA 94605
6-81 mi
Coliseum College Prep Academy
1390 66th Avenue, Oakland, CA 94621
6-121.2 mi
Madison Park Academy 6-12
400 Capistrano Drive, Oakland, CA 94603
6-122.4 mi
Castlemont High
8601 MacArthur Boulevard, Oakland, CA 94605
9-120.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 7940 Bancroft Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/17/2025
Listed
$2,500,000
1492.36%
MLS
2/08/1988
Sold
$157,000
—
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 7940 Bancroft Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$14,931
6%
$494,194
2%
2024
$14,123
-1%
$484,505
2%
2023
$14,240
8%
$475,005
2%
2022
$13,165
15%
$465,694
2%
2021
$11,490
1%
$456,564
—
2020
$11,371
11%
$455,299
3%
2019
$10,206
2%
$443,024
2%
2018
$9,969
8%
$434,340
2%
2017
$9,252
3%
$425,826
2%
2016
$8,946
1%
$417,478
2%
2015
$8,872
-2%
$411,209
2%
2014
$9,035
2%
$403,156
—
2013
$8,864
—
$401,335
—
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 7940 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 Corcoran Icon Properties, Willie Garner and Corcoran Icon Properties, Anne Gross-Ayankoya

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7940 Bancroft Avenue, Oakland, CA 94605 (MLS# 41111868) is a Commercial Residential Facility property. 7940 Bancroft Avenue is currently listed for $2,500,000 and was received on September 17, 2025. Want to learn more about 7940 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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