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Detached-Style Duplex with Garages

6504 Bancroft Ave Oakland, CA 94605

6504 Bancroft Ave, Oakland, CA, 94605
$698,000
For Sale
$698,000

MULTI_FAMILY - Oakland, CA

Property Size1,906 SF
Lot Size0.08 Acres
Price / SF$366.21
Days on Market140

Property Features for 6504 Bancroft Ave

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Rooms
Bedroom 1, Bedroom 4, Bedroom 3, Bedroom 2, Laundry Room
Parking features
Garage, Off Street
Interior features
Tub w/Shower Over
Exterior features
Garden/Play, Garden, Landscape Back, Yard Space
Fencing
Partial
Appliances
Dryer, Washer, Electric Water Heater, Gas Water Heater
Standard status
Active
APN
39327618
Size
1,906 SF
Lot size
0.08 Acres

Utilities

Utilities
Natural Gas Available
Sewer type
Public Sewer, Septic Tank
Heating system
Hot Water(Heating), Natural Gas, Wall Furnace
Water source
Public

Building Details

Year built
1945
Flooring type
Concrete, Vinyl, Tile
Building materials
Concrete, Siding - Stucco, Wood
Listing agency Keller Williams Realty
Listed by Joey Wang · License #01890931
Added: Mar 4 Updated: Jul 21 at 4:36AM Checked: Jul 22 at 6:06AM
MLS# 41125904

Copyright © 2026 bridgeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

6504 Bancroft Ave is a duplex featuring two 2BD/1BA units in a detached-style configuration, with the units not sharing a common wall. The rear 2BD/1BA unit will be delivered vacant and includes direct access to a private backyard, along with one garage. The front unit is tenant-occupied, providing immediate rental income.

The property is positioned in East Oakland with convenient access to I-580 and I-880, as well as AC Transit and nearby BART connections. It is also located near Mills College and Merritt College, supporting a commuter-friendly setting with access to Downtown Oakland, Lake Merritt, San Leandro, and Alameda.

With well-proportioned layouts and two total garage spaces, the property offers practical day-to-day functionality for an owner-occupant or an investor seeking a duplex with two distinct units.

Key Highlights

  • Duplex with 2 units, each offering 2BD/1BA
  • Detached‑style layout: units do not share a common wall for added privacy
  • Rear unit will be delivered vacant with direct access to a private backyard and 1 garage

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $58.3k $30.60
− Vacancy −$3.2k −$1.68
EGI $55.1k $28.92
− OpEx −$16.5k −$8.68
NOI $38.6k $20.24
1,906 SF · lease $30.60/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$551.2K
$482.3K – $643.0K (±1% cap)
NOI $38,581 @ 7.0% cap · market cap 5.53%
Second Best
Apartment 5plus
$494.1K
$432.3K – $576.4K (±1% cap)
NOI $34,584 @ 7.0% cap · market cap 4.95%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency Dental Office Parking Lot & Garage Skin Care Clinic HVAC Service Kitchen & Bath Showroom Spa & Massage Center Accounting Firm Acupuncture

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two 2BD/1BA units in a duplex with detached-style layout, private backyard access, and two total garages.
Where is this duplex located?
The property is located at 6504 Bancroft Ave Oakland, CA.
What is the asking price?
The asking price for this property is $698,000.
What are key features of this property?
This property features: Duplex with 2 units, each offering 2BD/1BA; Detached‑style layout: units do not share a common wall for added privacy; Rear unit will be delivered vacant with direct access to a private backyard and 1 garage
Contact an agent
More about this property
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