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!
Property Details
Price:
$695,000
MLS #:
41147669
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subdivision:
BANCROFT
Listed Date:
Sep 9, 2026
Lot Size:
4,800 sqft / 0.11 acres (approx)
Year Built:
1949
See this Listing
Schools
Interior
Cooling
NO
Heating
ELC
Exterior
Construction Materials
STC
Parking Spots
2
Parking Total
2
Financial
Map
Community
- Address5116 Bancroft Avenue Oakland CA
- SubdivisionBANCROFT
- CityOakland
- CountyAlameda
- Zip Code94601
Subdivisions in Oakland
- ALAMEDA
- ALLENDALE
- ARROYO PARK
- CENTRAL STATION-PACIFIC CANNERY LOFTS
- CLEVELAND HEIGHTS
- CLINTON
- CRESTMONT
- CROCKER HGHLANDS
- CROCKER/GLENVIEW
- DIMOND
- E OAKLAND
- EAST OAKLAND
- ELMHURST
- GLENVIEW
- HARRINGTON
- HIGHLAND PARK
- HILLER HIGHLANDS
- Hoover-Foster
- JACK LONDON
- KING ESTATES
- LAKESIDE
- LAS PALMAS
- LINCOLN HIGHLAND
- LOCKWOOD
- Longefellow
- LOWER ROCKRIDGE
- MACARTHUR
- MERRIEWOOD
- MILLMONT
- MONTCLAIR
- MOSSWOOD
- NOBE
- OAK CENTER
- OAK KNOLL
- OAKLAND
- OAKLAND HILLS
- OAKLAND ZOO
- PIEDMONT BORDER
- PRESCOTT
- Prescott South
- REDWOOD HEIGHTS
- RIDGEMONT
- ROCKRIDGE
- SAN ANTONIO
- SANTA FE
- SEQUOYAH HILLS
- TEMESCAL
- UPPER DIMOND
- UPPER LAUREL
- UPPER MILLSMONT
- UPPER ROCKRIDGE
- Uptown
- WEST OAK
- WEST OAKLAND
Market Summary
Current real estate data for Single Family in Oakland as of Sep 16, 2026
419
Single Family Listed
97
Avg DOM
516
Avg $ / SqFt
$945,038
Avg List Price
Property Summary
- Located in the BANCROFT subdivision, 5116 Bancroft Avenue Oakland CA is a Single Family for sale in Oakland, CA, 94601. It is listed for $695,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1949. The average price per square foot for Single Family listings in Oakland is $516. The average listing price for Single Family in Oakland is $945,038.
Similar Listings Nearby
Courtesy of KELLER WILLIAMS TRI VALLEY REALTY. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.5116 Bancroft Avenue
Oakland, CA