$1,250,000
bedrooms
0
bathrooms
0
square feet
4,432
Acreage
0.09
Open Houses
-
year built
1966
Full Baths
0
Half Baths
0
Located in Oakland’s Castlemont neighborhood, 9326 Bancroft Avenue is a well-maintained 7-unit apartment building in a high-demand rental market. Just six blocks from Bishop O’Dowd High School and near Highway 580, Mills College, and Sequoyah Country Club, the property offers strong tenant appeal and long-term appreciation potential. The unit mix includes six 1-bedroom/1-bathroom units and one 2-bedroom/1-bathroom unit, with several units featuring modern upgrades such as remodeled kitchens, updated bathrooms, new flooring, double-pane windows, and fresh paint. Major capital improvements, including a new roof and completed soft-story retrofit, enhance durability and reduce maintenance costs. With an 8.7% CAP rate, stable Section 8 and Abode Services income, and over $14,000 in monthly rent, this is a rare investment opportunity. Six vacant garages provide additional income potential or ADU development. Don’t miss out on this exceptional multifamily asset!
Location | |
Subdivision | - |
County | Alameda |
Elementary School | - |
Middle School | - |
High School | - |
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 41092808
Listing agent:
Joey Wang
Listing broker:
Keller Williams Realty Walnut Creek
(925) 934-2900
Copyright © 2025 bridgeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Thursday, April 10 2025 at 4:30 p.m. EDT
Kotohomes National
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