$2,500,000

7940 Bancroft Ave Oakland, CA 94605

Eastmont Neighborhood

Estimated payment $14,159/month

Total Views 3,481
-- Bed
-- Bath
7,561 Sq Ft
$331 Price per Sq Ft

Highlights

  • 10,875 Sq Ft lot
  • Coin Laundry
  • Wall Furnace
  • No HOA
  • Concrete Flooring
  • Front Yard

About This Home

Welcome to 7940 Bancroft Avenue, Oakland, CA—a remarkable investment opportunity offering substantial cash flow potential. This expansive property spans 7,651 square feet and features 13 bedrooms and 10 bathrooms, providing ample space for diverse residential applications. Situated in a vibrant Oakland neighborhood, this property is ideally positioned to capitalize on the area's growth and demand. Its generous layout and strategic location make it an attractive option for investors seeking a high-yield asset. The property's size and configuration allow for flexible usage, accommodating multiple tenants or a large family residence. Don't miss the chance to acquire a unique asset in a thriving market. This property is listed for sale and presents a rare opportunity to secure a substantial foothold in Oakland's dynamic real estate landscape. For more information or to schedule a viewing, please contact us today.

Listing Agent

Willie Garner

Corcoran Icon Properties License #01462562 Listed on: 09/17/2025

Corcoran Icon Properties

Co-Listing Agent

Anne Gross-Ayankoya

Corcoran Icon Properties License #01331899

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 10,875 Sq Ft Lot
  • Front Yard

Home Design

  • Composition Shingle Roof
  • Stucco

Kitchen

  • Free-Standing Range

Flooring

  • Carpet
  • Laminate
  • Concrete

Laundry

  • Dryer
  • Washer

Parking

  • Carport
  • Uncovered Parking
  • Parking Lot

Utilities

  • No Cooling
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 40337845

Community Details

Overview

  • No Home Owners Association
  • E Oakland Subdivision

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Year Built: 1964
  • Property Sub Type: 5 or More Units
  • Prop. Type: Commercial Sale
  • Co List Office Mls Id: OBOPCRO 04
  • Subdivision Name: E Oakland
  • Directions: Edwards -Left onto Bancroft
  • Garage Yn: No
  • remarks11: The seller will also consider offers requesting Seller Financing. Please note that some of the images displayed have been altered. A pre-escrow has been opened with A. Steiner at Chicago Title (#5842500053). The seismic soft-story retrofit was completed in 2023, and the roof was installed in 2022. The property complies with the (PSL) regulations. The 3-bedroom unit will be delivered vacant. However, neither the seller nor the agents have verified the property's square footage. For showing appointments, please call or text the agent at 510-703-0413. Offers will be presented as received. All financial information is in the disclosure package - Unit #2: Vacant 2-bedroom, 1-bathroom - Unit #4: Vacant 1-bedroom, 1-bathroom - Unit #9: Vacant 3-bedroom, 2-bathroom
  • remarks22: Willie J Garner - Agt: 510-703-0413 - Welcome to 7940 Bancroft Avenue, Oakland, CA—a remarkable investment opportunity offering substantial cash flow potential. This expansive property spans 7,651 square feet and features 13 bedrooms and 10 bathrooms, providing ample space for diverse residential applications. Situated in a vibrant Oakland neighborhood, this property is ideally positioned to capitalize on the area's growth and demand. Its generous layout and strategic location make it an attractive option for investors seeking a high-yield asset. The property's size and configuration allow for flexible usage, accommodating multiple tenants or a large family residence. Don't miss the chance to acquire a unique asset in a thriving market. This property is listed for sale and presents a rare opportunity to secure a substantial foothold in Oakland's dynamic real estate landscape. For more information or to schedule a viewing, please contact us today.
  • Special Features: VirtualTour

Interior Features

  • Flooring: Concrete, Laminate, Carpet, Other
  • Appliances: Free-Standing Range
  • Fireplace: No

Exterior Features

  • Roof: Composition Shingles
  • Lot Features: Level, Rectangular Lot, Front Yard, Landscaped
  • Construction Type: Stucco, Siding - Stucco

Garage/Parking

  • Parking Features: Carport, Parking Lot, Uncovered Parking Space, Uncovered Park Spaces 2+

Utilities

  • Heating: Wall Furnace, Other
  • Cooling: None
  • Laundry Features: Coin Operated, Common Area, Dryer, Washer
  • Cooling Y N: No
  • Heating Yn: Yes
  • Water Source: Water District

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 10875
  • Parcel Number: 40337845

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $14,123 $494,194 $149,504 $344,690
2024 $14,123 $484,505 $146,573 $337,932
2023 $14,240 $475,005 $143,699 $331,306
2022 $13,165 $465,694 $140,882 $324,812
2021 $11,490 $456,564 $138,120 $318,444
2020 $11,371 $455,299 $136,704 $318,595
2019 $10,206 $445,053 $134,024 $311,029
2018 $9,969 $436,369 $131,397 $304,972
2017 $9,252 $427,856 $128,821 $299,035
2016 $8,946 $419,191 $126,296 $292,895
2015 $8,872 $412,922 $124,399 $288,523
2014 $9,035 $404,869 $121,963 $282,906
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2025 09/17/25 For Sale $2,500,000 -- $331 / Sq Ft
Source: bridgeMLS

Source: bridgeMLS

MLS Number: 41111868

bridgeMLS
California Alameda County Oakland 94605 Eastmont

7940 Bancroft Ave, Oakland, CA

For Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

bridgeMLS Bay East 2025. CCAR 2025. bridgeMLS 2025. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Willie Garner
Listing Agent
Willie Garner
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Corcoran Icon Properties
(510) 703-0413