520 Bancroft Ave, San Leandro, CA, CA 94577
- $1,675,000
- List Price
- $1,675,000
- Status
- ACTIVE
- MLS#
- 41136084
- County
- Alameda
- Year Built
- 1949
- Square Feet
- 8,000
- Days on Market
- 62
- Property Type
- Multifamily
- Neighborhood
- 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
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Additional Information
- Taxes
- $24,566
- Parcel Number
- 7629636
- Gross Scheduled Income
- $142,676
- Net Operating Income
- $86,802
- Appliances
- Gas Water Heater
- Heat
- Forced Air
- Cooling
- Yes
- Exterior Construction
- Stucco, Wood Siding
Listing courtesy of Listing Agent: Joseph Owens (joe.owens@marcusmillichap.com) from Listing Office: Marcus & Millichap.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . 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.