6625 Bancroft Ave, Oakland, CA 94605
6625 Bancroft Ave, Oakland, CA 94605,Video Tour
6625 Bancroft Ave, Oakland, CA 94605
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Lucio Real Estate Group

Lucio Real Estate Group

+1(805) 512-0065
$1,095,000
Est. payment /mo
3,672 Sqft Lot
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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Subdivision Alameda County

MLS Listing ID 41138539

HOA Y/N No

Year Built 1946

Lot Size 3,672 Sqft

Property Description

Introducing an exceptional investment opportunity at 6625 Bancroft Avenue in Oakland, California. This well-maintained 5,001-square-foot multifamily property consists of six residential units originally constructed in 1946. Located in Oakland's thriving Bancroft Business District, the property offers investors a rare combination of stable income potential, strong rental demand, and long-term appreciation. The building features six two-bedroom, one-bathroom apartments, providing an attractive unit mix for tenants seeking comfortable and functional living spaces. A key advantage of the property is that each unit is individually metered for both PG&E and water service, significantly reducing owner-paid utility expenses and enhancing overall cash flow. The property's efficient operating structure, coupled with its desirable location, creates an attractive opportunity for both seasoned investors and those looking to expand their multifamily portfolio. With its classic character, strong fundamentals, and income-generating potential, 6625 Bancroft Avenue represents a compelling acquisition in one of Oakland's established residential corridors. Don't miss this opportunity to own a valuable multifamily asset with the potential for continued growth and long-term returns.

Location

State CA

County Alameda

Interior

Heating Natural Gas, Wall Furnace

Cooling None

Fireplace No

Exterior

Roof Type Tar/Gravel

Others

Tax ID 3932665

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Listed by Stephen Pagones Oak Tree Property Group #01760998

Nearby Locations

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Lucio Real Estate Group
Lucio Real Estate Group

Broker Associate | License ID: 01893011

+1(805) 512-0065

www.LucioRealEstate.com

1000 Town Center Dr #300, Oxnard, CA, 93036, USA

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6625 Bancroft Ave

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