Detached-Style Duplex with
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
(925) 934-2900
Listed by
Joey Wang · License #01890931
(510) 592-5554
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.
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
NOI $38,581 @ 7.0% cap · market cap 5.53%
Second Best
Apartment 5plus
$494.1K
$432.3K – $576.4K
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
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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