Property Details
About this Property
Located in Oakland’s Castlemont neighborhood and situated within a designated Opportunity Zone, 9326 Bancroft Avenue is a well-maintained 7-unit apartment building in a high-demand rental market. Just six blocks from Bishop O’Dowd High School and near Highway 580, Mills College, and Sequoyah Country Club, the property offers strong tenant appeal and long-term appreciation potential. The unit mix includes six 1-bedroom/1-bathroom units and one 2-bedroom/1-bathroom unit, with several units featuring modern upgrades such as remodeled kitchens, updated bathrooms, new flooring, double-pane windows, and fresh paint. Major capital improvements, including a new roof and completed soft-story retrofit, enhance durability and reduce maintenance costs. With an 8.7% CAP rate, stable Section 8 and Abode Services income, and over $14,000 in monthly rent, this is a rare investment opportunity. Six vacant garages provide additional income potential or ADU development. Don’t miss out on this exceptional multifamily asset!
MLS Listing Information
MLS #
EB41092808
MLS Source
Bridge MLS
Interior Features
Appliances
Dryer, Washer
Flooring
Carpet - Partial, Laminate, Tile, Vinyl
Laundry
Community Facility
Cooling
Ceiling Fan
Heating
Forced Air, Gas, Wall Furnace
Exterior Features
Roof
Rolled/Hot Mop
Parking, School, and Other Information
Garage/Parking
Attached Garage, Enclosed, Gate/Door Opener, Garage: Car(s)
Sewer
Public Sewer
Water
Public
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| – | – | 7 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 560 | 1 | 0/0 | $2,037 | – | – |
| 2 | 560 | 1 | 0/0 | $2,281 | – | – |
| 3 | 583 | 1 | 0/0 | $2,037 | – | – |
| 4 | 795 | 2 | 0/0 | $1,943 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
9326 Bancroft Ave is a Residential Income in Oakland, CA 94603. This 4,432 square foot property sits on a 3,800 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,250,000 and was built in 1966. This address can also be written as 9326 Bancroft Ave, Oakland, CA 94603.
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This listing information is up-to-date as of July 01, 2025. For the most current information, please contact Joey Wang, (510) 592-4244
