520 Bancroft Ave, San Leandro, CA 94577
- $1,675,000
- 6,798
- SqFt
- List Price
- $1,675,000
- Status
- ACTIVE
- MLS#
- 41136084
- Year Built
- 1949
- Property Type
- 5 Or More Units
- Living Area
- 6,798
- Lot Size
- 8,000
- Acres
- 0.18
- County
- Alameda
- Subdivision
- Broadmoor
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
Additional Information
- Exterior
- Stucco, Frame
- Flooring
- Other
- Laundry Features
- Dryer, Laundry Equip - Leased, Washer
- Lot Description
- Rectangular Lot, Landscaped
- Parking Features
- Carport, Covered
- Roof
- Flat
- Water Sewer
- Public
Mortgage Calculator
Listing courtesy of Joseph Owens from Marcus & Millichap. 925-808-9098
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