Comm Ri Multi-units 5+ For Sale
6,139 Sqft - 7615 Bancroft Ave, OAKLAND, California 94605
Property Description
$100K Price Reduction; Ten Large 1bd/1bth Units; 100% Occupied; 5.31% Current Cap & 11.81 Current GRM; Multiple Years of Banked Rent Increases; One Unit Remodeled, Including New Kitchen, Flooring, Window, Electrical, Plumbing, Lighting, Appliances, and HVAC; Individually Metered for PG&E, On Site Laundry, Secure Gated Access, Off-Street Parking, and Room for ADU’s; Conveniently Located Near Oakland’s Bancroft Business District; 11.91% Market Cap & 6.53 Market GRM.
Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : 40948316
Price : $1,500,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 6,139 Sqft
Year Built : 1962
Lot Area : 0.15 Sqft
Features
Heating System : Wall Furnace
Cooling System : Other
Basement : Other
View : Other
Roof : Other
Address Map
Country : US
State : CA
County : Alameda
City : OAKLAND
Zipcode : 94605
Street : Bancroft Ave
Street Number : 7615
Floor Number : 0
Longitude : W123° 49' 29.5''
Latitude : N37° 45' 51''
MLS Addon
Office Name : The Pinza Group, Inc
Building Type : Apt Complex
Area : Oakland Zip Code 94605
Address : 7615 Bancroft Ave
Cross Street : 76th
Directions to Property : Google Maps
LA1User Code : R01867691
LA1Agent First Name : Steven
LA1Agent Last Name : Pinza
Status Category : Sold
Tot # Parking Spaces : 10
Tot # of Units : 10
List $/SqFt : $244
Age : 59
Apx Lot Sq Ft : 6,534 Sqft
Type of Building : Apt Complex
Annual Taxes : $0
Total Deposits : $0
ADDTL FEATURES MISC. : Other
ALL UNITS HAVE : Other
DISABLED FEATURES : Other
EQUIPMENT ADDITIONAL : Other
EXTERIOR : Other
FLOORING : Other
LOT DESCRIPTION : Other
ON-SITE PARKING DESC : Other
OPERATING EXPENSES : Other
SEPARATE METERS : Other
SOME UNITS HAVE : Other
TENANT PAYS : Other
UNITS-OTHER : Other
WATER/SEWER : Other
ENERGY SAVING FEATURE : Other
LAUNDRY : Other
Census Tract : 000
Bus Sq Ft of Bldg : 0 Sqft
EXISTING LOAN : Other
Other Loans (Y/N) : No
1st Loan Balance : $0
2nd Loan Balance : $0
Tot Other Loans : $0
Financial Data Verif(Y/N) : 4.3%
FINANCIAL DATA SOURCE : Other
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Excl Right
Listing Service : Full Service
Special Information : None
Original Price : $1,749,000
Sold Price : $1,500,000
Previous Price : $1,495,000
Sale $/SqFt : $0
Gross Oper Actual Inc : 0
Annual Gross Sched Inc : 0
Net Oper Income : 0
Annual Mgmt Exp : 0
Annual License Exp : 0
Annual Util Exp : 0
Other Ann Exp : 0
Tot Ann Oper Exp : 0
First Loan Payment : 0
First Balance : 0
Annual Insurance Exp : 0
INTERNET DISPLAY : 0
INTERNET SITES : 0
SA1Agent Type : 0
Buyer Broker DRE Number : 01867691
ZIDX Only Street Name : Bancroft Ave
Buyer Agent DRE Num. : 01867691
Co List Agent DRE Num. : 01867691
List Agent DRE Num. : 01867691
LA1Agent License ID : 01867691
SA1Agent First Name : Steven
SA1Agent Last Name : Pinza
SA1Agent License ID : 01867691
SA1User Code : R01867691
Annual Vacancy : 0
Gross Income : 0
Listing Broker DRE Numbe : 01867691
Sale/Original $ : 86
Annual Exp Yr : 0
Sale $/SqFt : 244
1st - Yrs Remaining : 0
Sale/Last List $ : 100
Interest Rate : 0
Board ID : Bridge AOR
Showing : Email Agent
SO1Office Abbreviation : OBPINZA
SO1Office Name : The Pinza Group, Inc
LO1Main Office ID : 278641
LO1Board ID : 0
LO2Office Identifier : 0
LO2Main Office ID : 0
SO1Office Identifier : 278641
SO1Board ID : 0
SO2Office Identifier : 0
SO2Office Type : 0
VOW Include : Yes
VOW Address : Yes
VOW Comment : Yes
VOW AVM : Yes
Status Detail : 0
Search Price : 1500000
Address Search Number : 7615
Listing Agent : 136610
Listing Office : 278641
Co-List Agent : 0
Listing Office 2 : 0
Apprx Equity : 0
Buyer Agent 1 : 136610
Buying Office 1 : 278641
Co-Sell Agent : 0
Buying Office 2 : 0
Photo Count : 20
Input Date : 04/05/2021 16:49:54
Update Date : 24/09/2021 21:38:29
PhotoTimestamp : 24/09/2021 21:38:29
First Photo Add Timestamp : 04/05/2021 16:52:08
List Date : 04/05/2021
Expire Date :
Pending Date : 23/08/2021
Closing Date : 24/09/2021
Status Date : 24/09/2021
Price Date : 24/09/2021
Off Market Date : 23/08/2021
Status : Sold
Dual Variable : Yes
City Transfer Tax : Yes
Point of Sale Ordinance : Yes
Ocpnt Req 24 Hr : Yes
Off Market Status Date :
LVT Date : 04/05/2021
DOMLS : 111
Cumulative DOMLS : 111
