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Listed by Joseph Owens, DRE #01707768 • Marcus & Millichap
$ 1,675,000
Est. payment /mo
Active
520 Bancroft Ave San Leandro, CA 94577
4 Beds
2 Baths
6,798 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 6,798 sqft
Price per Sqft $246
MLS Listing ID EB41136084
Bedrooms 4
Year Built 1949
Lot Size 8,000 Sqft
Property Sub-Type Five or More Units
Source Bridge MLS
Property Description
520 Bancroft is a 6-unit multifamily property located on Bancroft near the intersection of Bancroft and Dutton Ave. Originally built in 1949, the structure is three stories of wood frame and stucco construction and an internal stairway. All of the units are spacious two-bedroom units and there are only two units per floor. The property includes a spacious driveway and carport parking for each unit. There is a community laundry room on the first floor as well as a rooftop antenna that provide additional income. -Market GRM: 9.32 / Market Cap Rate: 7.54% -Well-maintained asset with stable operations and attractive curb appeal -Spacious two-bedroom units averaging 1,061 square feet -Great location adjacent to Dutton Ave / Estudillo Estates -1 block walk to Safeway, Zocalo Coffee and award-winning Paradiso -Convenient access to Interstates 580 & 880 as well as San Leandro BART
Location
State CA
County Alameda
Area San Leandro
Interior
Heating Forced Air
Cooling None
Flooring Other
Laundry Washer, Washer/Dryer - Leased, Dryer
Exterior
Exterior Feature Stucco, Wood Frame
Garage Spaces 6.0
Building
Lot Description Regular
Water Heater - Gas
Others
Tax ID 76-296-36
Special Listing Condition Not Applicable
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