Comm Ri Multi-units 5+ For Sale
4,738 Sqft - 5106 5112 Bancroft Ave, OAKLAND, California 94601
Property Description
Two buildings Two separate lots, 5106 & 5112 Bancroft Avenue is a 12-unit value add opportunity in Oakland’s growing Fruitvale District. The property boasts 1 two-bedroom 1 bathroom unit, and 11 Studio units. There is over 60% rental upside through banked rents, occupancy and capital expense pass-throughs. The property is asking well below replacement costs at $100,000 per unit. The property is individually metered for gas and elect with two on-site parking spaces. Tenants enjoy easy access to employment centers and points of interest around the Bay Area with quick connections to major highway arteries (I-880), and public transportation (A/C Transit and Fruitvale & Coliseum BART).
Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : 40966101
Price : $1,200,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 4,738 Sqft
Year Built : 1930
Lot Area : 0.22 Sqft
Features
Heating System : Wall Furnace
Roof : Flat, Shingle
Address Map
Country : US
State : CA
County : Alameda
City : OAKLAND
Zipcode : 94601
Street : 5112 Bancroft Ave
Street Number : 5106
Floor Number : 0
Longitude : W123° 47' 42.5''
Latitude : N37° 46' 19.3''
MLS Addon
Office Name : Keller Williams Realty
Building Type : Lowrise (1-3 Flrs)
Area : Oakland Zip Code 94601
Address : 5106 5112 Bancroft Ave
Cross Street : 51st Ave
Directions to Property : turn left 42 right to Bancroft
LA1User Code : 183506239
LA1Agent First Name : Stephen
LA1Agent Last Name : Pagones
Status Category : Pending
Tot # Parking Spaces : 2
Tot # of Units : 12
List $/SqFt : $253
Age : 91
Apx Lot Sq Ft : 9,600 Sqft
Type of Building : Apt Complex
Annual Taxes : $0
Total Deposits : $0
ADDTL FEATURES MISC. : Other
EQUIPMENT ADDITIONAL : Other
EXTERIOR : Stucco
FLOORING : Other, Vinyl, Carpet, Tile
LOT DESCRIPTION : Paved
ON-SITE PARKING DESC : Parking Area, On Street
SEPARATE METERS : Electric, Gas
TENANT PAYS : Other
WATER/SEWER : Water - Public, Sewer System - Public
Census Tract : 001-4074
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 : $1,200,000
Sold Price : $0
Previous Price : $1,200,000
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 : 00426878
ZIDX Only Street Name : 5112 Bancroft Ave
Buyer Agent DRE Num. : 00426878
Co List Agent DRE Num. : 01749383
List Agent DRE Num. : 01760998
Branded Media Link : https://my.matterport.com/show/?m=EvHaC7cNjNY
LA1Agent License ID : 01760998
LA1NRDS_ID : 183506239
LA2Agent First Name : Michael
LA2Agent Last Name : Pagones
LA2User Code : 183506887
LA2NRDS_ID : 183506887
SA1Agent First Name : Daniel
SA1Agent Last Name : Garcia
SA1Agent License ID : 00426878
SA1User Code : R00426878
Annual Vacancy : 0
Gross Income : 0
Listing Broker DRE Numbe : 02029039
Sale/Original $ : 0
Annual Exp Yr : 0
Sale $/SqFt : 0
1st - Yrs Remaining : 0
Sale/Last List $ : 0
Interest Rate : 0
Board ID : BAY EAST
Assessors Parcel No : 35-2387-15
Showing : Contact Listing Agent
LO2Office Name : Keller Williams Realty
SO1Office Abbreviation : OBOGARR
SO1Office Name : RANGER REALTY
LO1Main Office ID : 37277
LO1Board ID : 0
LO2Office Identifier : 37277
LO2Main Office ID : 37277
SO1Office Identifier : 9682
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 : 1200000
Address Search Number : 5106
Listing Agent : 156925
Listing Office : 37277
Co-List Agent : 156927
Listing Office 2 : 37277
Apprx Equity : 0
Buyer Agent 1 : 6857
Buying Office 1 : 9682
Co-Sell Agent : 0
Buying Office 2 : 0
Photo Count : 17
Input Date : 07/09/2021 20:50:22
Update Date : 15/11/2021 18:15:39
PhotoTimestamp : 07/09/2021 20:50:22
First Photo Add Timestamp : 07/09/2021 20:50:22
List Date : 07/09/2021
Expire Date :
Pending Date : 11/10/2021
Closing Date :
Status Date : 12/10/2021
Price Date : 07/09/2021
Off Market Date : 11/10/2021
Status : Pending
Dual Variable : Yes
City Transfer Tax : Yes
Point of Sale Ordinance : Yes
Ocpnt Req 24 Hr : No
Off Market Status Date :
LVT Date : 07/09/2021
DOMLS : 34
Cumulative DOMLS : 34
Unit # 1 # of Bathrooms: 1
Unit # 1 Approx. SqFt: 360
Unit 1 # Units This Type?: 11
Unit # 2 # of Bathrooms: 1
Unit # 2 # of Bedrooms: 2
Unit # 2 Approx. SqFt: 778
Unit 2 # Units This Type?: 1
