NOT LISTED FOR SALE

9750 Bancroft Ave Oakland, CA 94603

Castlemont Neighborhood
36 Beds
-- Bath
9,828 Sq Ft
0.35 Acres

Last Sold November 24, 2021

Last sale price $2,625,000 $267 Per Sq Ft

21 Days on Market

Highlights

  • 0.35 Acre Lot
  • Double Pane Windows
  • Tile Flooring
  • No HOA
  • Laundry closet
  • 3-minute walk to Verdese Carter Park

About This Home

As of November 2021

6.8% Current CAP! 9750 Bancroft Avenue is a multifamily investment property centrally located in the Castlemont/Cox Neighborhood of Oakland, CA. The property is conveniently situated near I-580, providing easy access to many hubs of employment in the East Bay and greater Bay Area. The property is comprised of two separate buildings that feature 12 X 3-bedroom, 1.5-bathroom townhome style units. These highly desirable floor plans offer tenants more affordable, spacious floor plans in one of the most expensive housing markets in the country. Each unit has in-unit washer and dryer and separate water heaters. The property itself consists of two buildings built in 1987** that are 9,833 total Sq. Ft. and sits on a 0.352-acre lot. The property also has gated access with 14 surface parking sports available for tenants. **According to City of Oakland Permit Records

Last Agent to Sell the Property

Keith Manson

Cushman & Wakefield License #DRE #01490046 Listed on: 06/21/2021

Co-Listed By

Zachary Greenwood

Cushman & Wakefield License #DRE #01960296

Last Buyer's Agent

Keith Manson

Cushman & Wakefield License #DRE #01490046 Listed on: 06/21/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987 | Remodeled

Lot Details

  • 0.35 Acre Lot
  • Security Fence

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2-Story Property
  • Double Pane Windows

Kitchen

  • Free-Standing Electric Oven
  • Free-Standing Electric Range
  • Free-Standing Freezer

Flooring

  • Carpet
  • Tile
  • Vinyl

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

Parking

  • 14 Parking Spaces
  • Uncovered Parking

Utilities

  • Separate Meters
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Assessor Parcel Number 46-5475-29

Community Details

Overview

  • No Home Owners Association
  • 12 Units

Building Details

  • 11 Leased Units
  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Year Built

Built in 1987 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Property Condition: Updated/Remodeled, Varies By Unit
  • Levels: Two
  • Stories: 2
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Basement: None
  • Appliances: Free Standing Electric Oven, Free Standing Electric Range, Free Standing Freezer, Free Standing Refrigerator, Gas Water Heater, Insulated Water Heater, Varies By Unit, Other
  • Flooring: Carpet, Tile, Varies By Unit, Vinyl, Other
  • Laundry Features: In Each Unit, Laundry Closet, Varies By Unit, Washer/Dryer Hookups, Other
  • Window Features: Dual Pane Partial, Other

Exterior Features

  • Construction Materials: Frame, Stucco, Wood
  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle, Other

Garage/Parking

  • Parking Features: Interior Access, Uncovered
  • Total Parking Spaces: 14

Utilities

  • Security Features: Security Fence
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Assessor Parcel Number: 46-5475-29
  • Lot Features: Other
  • Lot Size Acres: 0.3523
  • Lot Size Sq Ft: 15347
  • Lot Size Units: SqFt
  • Price Per Acre: 7451036.05

Rental Info

  • Tenant Pays: Electricity, Gas, Water
  • Units Furnished: None

Building Info

  • Number of Units Total: 12

Multi Family

  • Number Of Units Vacant: 1
  • Gross Rent Multiplier: 8.66
  • Number Of3 Bedrooms Occupied: 11
  • Number of 3 Bedroom Units: 12
  • Number Of Units Leased: 11
  • Separate Meters: Electricity, Gas, Water, See Remarks
  • Total Number Section8: 7
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
11/24/2021 11/24/21 Sold $2,625,000 +0.5% $267 / Sq Ft
07/12/2021 07/12/21 Pending -- -- --
06/21/2021 06/21/21 For Sale $2,612,500 -- $266 / Sq Ft
Source: San Francisco Association of REALTORS®

Agents Affiliated with this Home

  • Keith Manson

    Seller's Agent in 2021

    Keith Manson

    Cushman & Wakefield

    (415) 244-6300

    1 in this area

    40 Total Sales

    Keith Manson
    Section Image
  • Zachary Greenwood

    Seller Co-Listing Agent in 2021

    Zachary Greenwood

    Cushman & Wakefield

    (559) 930-1770

    1 in this area

    34 Total Sales

    Zachary Greenwood
    Section Image
See All Agents

Map

Source: San Francisco Association of REALTORS®

MLS Number: 421565505

San Francisco Association of REALTORS®
California Alameda County Oakland 94603 Castlemont

9750 Bancroft Ave, Oakland, CA

Not Listed 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.

San Francisco Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes