---
listing_id: EB41147669
status: Active
price: 695000
beds: 0
baths_full: 0
baths_half: 0
sqft_living: 2050
sqft_lot: 4800
lot_acres: 1.1
year_built: 1949
property_type: Residential Income
property_subtype: 
address: "5116 Bancroft Avenue"
city: Oakland
state: CA
zip: 94601
county: "Alameda County"
lat: 37.7720316
lng: -122.204581
days_on_market: 4
hoa_fee: 
hoa_frequency: 
garage_spaces: 0
list_agent: "Nolan Jones"
list_office: "KELLER WILLIAMS TRI VALLEY REALTY"
list_agent_phone: "(510) 867-4806"
list_agent_license: 01509417
mls_source: MAXEBRDI
modified: 2026-09-09
transaction_type: buy
---

Home | Alameda County | Oakland | 94601 | 5116 Bancroft Avenue

5116 Bancroft Avenue, Oakland, CA 94601

MLS: EB41147669 | Status: | Price: $695,000
Beds/Baths: – / –
Property Type: Residential Income

Quick Facts

Beds Baths Sq Ft Acres Lot Yr Built
2,050 1.1 1949

Remarks

BEST PRICED 5 UNIT PROPERTY ON THE MARKET! Outstanding investment opportunity offering a 7.92% CAP RATE, 6.81 GRM, and $102,000 in gross potential income! This turnkey 5 unit property features all studio layouts, with three units tastefully renovated within the past few months. Numerous property improvements have already been completed, including the roof, providing strong cash flow and limited near term capital needs. Gated entry adds privacy and security. With strong income, recent renovations, and compelling investment metrics, this property stands out as an exceptional value. MUST SEE!

MLS Listing Information

Field Value
MLS # EB41147669
MLS Source Bridge MLS
Days on Site 4

Features

Interior Features

Feature Details
Flooring Carpet - Wall to Wall, Laminate
Cooling None
Heating Electric

Parking, School, and Other Information

Feature Details
Garage/Parking Parking Area, Garage: Car(s)
Complex Amenities None

Contact Information

Nolan Jones
KELLER WILLIAMS TRI VALLEY REALTY
License #: 01509417
Phone: (510) 867-4806

School Ratings

School data provided by GreatSchools.org

Nearby Schools

School Type Grades Distance Rating
Horace Mann Elementary School public K-5 0.20 mi 1
Fremont High public 9-12 0.29 mi 2
Bridges Academy at Melrose public K-5 0.37 mi 2
Melrose Leadership Academy public K-8 0.69 mi 7
Global Family School public K-5 0.72 mi 5
Greenleaf Elementary School public K-8 0.74 mi 3
Coliseum College Prep Academy public 6-12 0.94 mi 5
Community United Elementary School public K-5 1.00 mi 3
Frick United Academy of Language public 6-8 1.11 mi 1
United For Success Academy public 6-8 1.13 mi 2
Life Academy public 6-12 1.13 mi 5
Allendale Elementary School public K-5 1.14 mi 1
Urban Promise Academy public 6-8 1.27 mi 2
Markham Elementary School public K-5 1.48 mi 3
International Community School public K-5 1.49 mi 5
Think College Now School public K-5 1.49 mi 3
Laurel Elementary School public K-5 1.51 mi 4
Burbank Child Development Center public KG 1.51 mi N/A
Infant And Preschool Program public 2 1.51 mi N/A
Burbank Preschool Center public UG 1.51 mi N/A

Nearby Homes

Address Price Beds Baths Sq Ft Status
1669 85th Ave $799,000 3,152 Active
1712 E 21st $699,000 2,860 Active
2907 55th Avenue $799,000 2,308 Active
3211 Courtland Ave $625,000 1,376 Active
2533 19th Ave $599,000 1,503 Active

Disclosures

©2026 Bridge MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from Bridge MLS.

Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.

This listing information is up-to-date as of September 09, 2026. For the most current information, please contact Nolan Jones, (510) 867-4806.