$1,250,000
SOLD JUN 27, 2025

9326 Bancroft Ave Oakland, CA 94603

Castlemont Neighborhood
-- Bed
-- Bath
4,432 Sq Ft
3,800 Sq Ft Lot

Recently Sold

$282 Per Sq Ft

20 Days on Market

Highlights

  • No HOA
  • 7 Car Attached Garage
  • Secured Garage or Parking
  • Enclosed Parking
  • Cooling Available
  • 4-minute walk to Verdese Carter Park

About This Home

As of June 2025

Located in Oakland’s Castlemont neighborhood and situated within a designated Opportunity Zone, 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!

Last Agent to Sell the Property

Joey Wang

Keller Williams Realty License #01890931 Listed on: 04/10/2025

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1966

Lot Details

  • 3,800 Sq Ft Lot
  • Partially Fenced Property
  • Paved or Partially Paved Lot
  • Level Lot
  • Garden

Home Design

  • Frame Construction
  • Composition Roof
  • Stone Siding
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,432 Sq Ft Home
  • Ceiling Fan
  • Window Treatments
  • Partial Basement

Flooring

  • Partially Carpeted
  • Laminate
  • Tile
  • Vinyl

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Window Bars
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 7 Car Attached Garage
  • Enclosed Parking
  • Front Facing Garage
  • Garage Door Opener
  • Secured Garage or Parking

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Hot Water Heating System
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter
  • Gas Water Heater

Listing and Financial Details

  • Tax Tract Number 4097

Community Details

Overview

  • No Home Owners Association
  • Bridge Aor Association

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Sub Type: 5 or More Units
  • Property Type: COMM RI MULTI-UNITS 5+
  • Fencing: Partial
  • Lot Features: Level, Garden, Paved
  • LotSizeAcres: 0.09
  • Security Features: Carbon Monoxide Detector(s), Double Strapped Water Heater, Smoke Detector(s), Window Bars
  • Has HOA?: No
  • Co List Office Mls Id: OBBKWR
  • Special Conditions: Standard
  • Directions: North Int'l blvd-right 94th ave
  • Basement: Partial
  • Has Basement?: Yes
  • Has Cooling?: Yes
  • Living Area: 4432
  • Year Built: 1966
  • Special Features: None

Interior Features

  • Appliances: Dryer, Washer, Gas Water Heater
  • Flooring: Laminate, Partial Carpeting, Tile, Vinyl
  • Window Features: Window Coverings

Exterior Features

  • Construction Type: Concrete, Stucco, Frame, Siding - Stone, Wood
  • Roof: Composition

Garage/Parking

  • Has Attached Garage?: Yes
  • Has Carport?: No
  • Has Attached Garage?: Yes
  • Parking Features: Attached, Covered, Enclosed, Garage, Security Garage, Garage Faces Front, Remote, Garage Door Opener
  • Total Parking Spaces: 7

Utilities

  • Laundry Features: 220 Volt Outlet, Common Area, Dryer, Gas Dryer Hookup, Laundry Room, Washer
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air, Natural Gas, Wall Furnace, Hot Water
  • Heating Yn: Yes
  • Electricity On Property: Yes
  • Utilities: Natural Gas Available, Natural Gas Connected, Individual Electric Meter, Individual Gas Meter

Condo/Co-op/Association

  • Association Name: Bridge AOR

Lot Info

  • Lot Size Sq Ft: 3800

Tax Info

  • Tax Tract: 4097.00

Range of Values:

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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2025 06/27/25 Sold $1,250,000 0.0% $282 / Sq Ft
04/30/2025 04/30/25 Pending -- -- --
04/10/2025 04/10/25 For Sale $1,250,000 -- $282 / Sq Ft
Source: bridgeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Joey Wang

    Seller's Agent in 2025

    Joey Wang

    Keller Williams Realty

    (510) 592-5554

    2 in this area

    143 Total Sales

    Joey Wang
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Map

Source: bridgeMLS

MLS Number: 41092808

bridgeMLS
California Alameda County Oakland 94603 Castlemont

9326 Bancroft Ave, Oakland, CA

Sold

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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