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9874 Bancroft Oakland, CA, 94603
$1,595,000 $100,000 Commercial pending Garden Apts
10-unit apartment building with a current cap rate of 9.43% and a current GRM of 7.34. The property was built in 1960, offers approximately 8,050 square feet of rental space and sits on a 7,700 square foot lot with off-street parking spaces and a spacious backyard. The units have been remodeled over time and offer updated kitchens and bathrooms, double pane windows, wood floors, stainless steel appliances and more. The property is almost 100% occupied, easy to manage, and has friendly tenants. This is a low maintenance property and separately metered for PG&E providing low annual operating expenses. The exterior and interior are in good condition with little to no deferred maintenance resulting in an attractive turn-key investment for the next owner. This is one of the best locations in East Oakland located on a tree-lined street across from Reach Academy. There are a variety of restaurants, coffee shops, schools, and parks throughout the area with easy access to HWY580 and various fo
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Property details
8,048 sqft interior area
Land area
7,700 sqft (0.18 acres)
Days on Verhouse
71
Address
9874 Bancroft, Oakland, CA, 94603
City of California
Oakland
County
Alameda
Previous price
$1,695,000
Year Built
1960
District
Listing
Nearby major retailers
Costco
CVS Pharmacy
Safeland Super Market
Pet Food Express
O'Reilly Auto Parts
AT&T
7-Eleven
Public Storage
Shell
Petco
The Home Depot
Safeway
T-Mobile
Ross
MetroPCS
Marshalls
Walmart
AutoZone
Macy's
Staples
Kohl's
Chevron
Dollar Tree
GameStop
Supercuts
Chevron Food Mart
General: 1
Chemist: 1
Greengrocer: 3
Pet: 3
Car parts: 7
Mobile phone: 6
Convenience: 12
Storage rental: 1
Do it yourself: 2
Supermarket: 2
Department store: 8
Stationery: 1
Variety store: 3
Video games: 2
Hairdresser: 1
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Interior Features
Other floors
Floor Covering
Other
Garage & Parking
Other
Utilities Included
Other Water/Sewer
Amenities
Other
Basement
Other
Listed by
David Howarth, The Pinza Group, Inc
Name
David Howarth
License number
01360348
Brokerage company
The Pinza Group, Inc
MLS #
41050927
Payment calculator
Calculate your monthly payments
Mortgage
$4,898
Taxes
$0
HOA dues
$0
Mortgage
$319,000 / 20%
2.28%
30 years
Your amount
$4,898 / month
Lot details
TMK #465478214
Lot Description
Other
Parcel nr.
465478214
94603 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
—
no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 94603
47%
Families with children
National average: 39%
33%
Non family households
275,787
Population
$81,650
Average Income
Age & gender
Median age 36 years
More info
Commute types
76% commute by car
More info
Education level
23% have high school education
More info
Number of employees
3% work in education and healthcare
More info
Vehicles available
35% have 1 vehicle
More info
Vehicles by gender
35% have 1 vehicle
More info
Housing market insights for
$748.83k
Neighborhood average
sales price*
sales price*
$692.43k
Neighborhood median
sales price*
sales price*
414
Number
of sales*
of sales*
Housing type
61% are single detacheds
More info
Rooms
48% of the houses have 4 or 5 rooms
More info
Bedrooms
70% have 2 or 3 bedrooms
More info
Owners vs Renters
50% are owners
More info
15 / 20
Above Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
Pending Apr 28, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Apr 28, 2024 | Pending | $1,595,000 | 0 | MLS #41050927 |
| Mar 18, 2024 | Price Decrease | $1,595,000 -5.9% | 0 | MLS #41050927 |
| Mar 14, 2024 | Price Increase | $1,695,000 +6.27% | 0 | MLS #41050927 |
| Mar 13, 2024 | Price Decrease | $1,595,000 -5.9% | 0 | MLS #41050927 |
| Feb 25, 2024 | New Listing | $1,695,000 | 0 | MLS #41050927 |
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Frequently Asked Questions about 9874 Bancroft
What is 9874 Bancroft?
9874 Bancroft is a Commercial/Industrial propertywith 8,048 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
9874 Bancroft, Oakland, CA, 94603.
What comparable properties are nearby?
Comparable nearby commercial properties include 8801 International Blvd, 8227 International Blvd, 763 Moorpark St, 7508 International Blvd, 7335 Macarthur Blvd, 2814 Havenscourt.
Based on information from the bridgeMLS as of 05-05-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Apr 28, 2024
Verhouse Last checked 3 minutes ago
The closest grocery stores are Super Mercado Mi Tierra, 0.62 miles away and Super Mercado Mi Tierra, 0.67 miles away.
The 94603 zip area has a population of 275,787, and 47% of the families have children. The median age is 36.98 years and 76% commute by car. The most popular housing type is "single detached" and 50% is owner.
