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5645 Bancroft Ave, Oakland, CA 94605
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5645 Bancroft Ave Oakland, CA 94605

$1,390,000
  • 3 Beds
  • -- Baths
  • 5,013 Sq.Ft.
For Sale
$1,390,000 Get Pre-Qualified

Property Overview: 5645 Bancroft Ave Oakland, CA has 3 bedrooms, -- bathrooms, 5,013 living square feet and 5,900 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: One of the most well maintained 5-unit building, with 3 fully renovated units plus a bonus unit for additional income, located in the Seminary neighborhood in Oakland. Desirable unit mix of (4) 2 bedrooms, (1) 1 bedroom, plus bonus unit. Significant capital improvements completed, including new sewer lateral and replacement of original cast iron to PVC (to the main line), and cleanout; new exterior paint including fence and gate, maintenance repairs to garage, roof, gutters. Gated building with 24-hour security camera system installed throughout the exterior. Key code access for entry, individual garages with additional drive-way space, plus ample street parking. Less than 10 minutes to two BART stations, convenient access to 880 and 580 freeways, great central location. May deliver up to 1 vacant unit at closing. Pro forma cap rate 7+. All information deemed reliable but not guaranteed, potential buyer to verify all.

Listed by Helen Chong | BRE #01700495 | Haylen
Co-listed by Peter Whang | BRE #01996428 | Haylen
Last checked: 5 minutes ago | Last updated: August 9th, 2023 | Source CRMLS | DOM: 325
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Home details

Lot Sq. Ft
5,900
HOA Dues
$0/mo
Year built
1965
Garage
--
Property Type:
Other
Status
Active
MLS#
ML81930885
City
Oakland
County
Alameda
Time on Site
298 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: --
  • # of Beds: 2
  • # of Baths: --
  • Actual Rent: $1,600
  • Total Rent: --
Unit Breakdown 2
  • # of Units: --
  • # of Beds: 1
  • # of Baths: --
  • Actual Rent: $2,000
  • Total Rent: --
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $123,540
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --
  • Trash: $0
  • Insurance: $5,550
  • Maintenance: $4,000
  • Other Expenses: $1,882

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Property Details for 5645 Bancroft Ave

Interior Features
Cooling Information
  • Has Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • None
Exterior Features
Exterior Information
  • Roof: Shingle
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 5
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Parcel Number: 038322301002
  • Year Built Source: Assessor
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Cross Street: 57th Ave
View more facts & features

Local Oakland Agent

Sale History for 5645 Bancroft Ave

View property's historical transactions

  • June, 2023

  • Jun 8, 2023

    Date

    Active

    CRMLS: ML81930885

    $1,390,000

    Price

Tax History for 5645 Bancroft Ave

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

5645 Bancroft Ave is listed 113.88% higher than the median list price for the city of Oakland which has a median list price of $649,900. The median price per/sqft for Oakland is $531 and this home is listed at $277.28 per/sqft which puts the price per square foot 47.78% lower than the median price per square foot for the city of Oakland.

About 5645 Bancroft Ave

Detailed summary of property

5645 Bancroft Ave is a other located in Oakland, CA 94605 and is currently for sale. This property offers 3 bedrooms, -- bathrooms, roughly 5,013 living square feet, and sits on an approximately 5,900 square foot lot. 5645 Bancroft Ave was first listed on ArdentRealEstateGroup.com on August 9, 2023. The homeowner is currently asking $1,390,000. The median priced home in Oakland is $649,900 with a median price per square foot of $531. Based on Ardent Real Estate Group's Oakland Market Data, this home is listed 113.88% higher than the median priced home. While the average home in Oakland, CA is selling in 83 days, 5645 Bancroft Ave has a days on market of 325 days. There are currently 1000 homes for sale in the Oakland real estate market and 715 of them are single family homes while 260 of them are condos and 23 are townhomes. For more information on this home for sale at 5645 Bancroft Ave Oakland, CA 94605 contact Ardent Real Estate Group and we will put you in touch with one of our Oakland agents.

Public Facts for 5645 Bancroft Ave

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

The source for these homes facts are from public records.

94605 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$725,000
Median List Price/Sq.Ft.
$470
Median Sold Price
$825,000
Median Sold Price/Sq.Ft.
$570
Total Inventory
140
Median Sale to List Price %
114.58%
Avg Days on Market
21
Loan Type
Conventional (58.62%), FHA (20.69%), VA (0%), Cash (3.45%), Other (13.79%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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