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    7940 Bancroft Ave Oakland, CA 94605

    For Sale
    $2,500,000

    Spacious Oakland property with high cash flow potential.

    Lot size:
    0.25 Acres

    Property Features for 7940 Bancroft Ave

    General Information

    Lot size
    0.25 Acres

    Building Details

    Year built
    1964

    Source: Corcoran Icon Properties Agent Willie Garner

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Oakland Multifamily Investment Opportunity

    Located at 7940 Bancroft Avenue in Oakland, CA, this property presents an investment opportunity with cash flow potential. The building spans 7,651 square feet and includes 13 bedrooms and 10 bathrooms. The property's layout and location may accommodate multiple tenants or a large family residence. Situated in a vibrant Oakland neighborhood, the property is positioned to capitalize on the area's growth and demand.
    Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Oakland
    County
    Alameda
    State
    California
    Longitude
    -122.1719169
    Latitude
    37.761854

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    FAQs

    What type of property is this?
    Apartment building - Spacious Oakland property with high cash flow potential.
    Where is this apartment building located?
    The property is located at 7940 Bancroft Ave Oakland, CA.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: - High cash flow potential due to the property's size and configuration.; - Expansive 7,651 square foot property.; - Features **13 bedrooms and 10 bathrooms.**
    (510) 703-0413
    Request Owner's contact information
    7940 Bancroft Ave Oakland, CA 94605
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    Oakland, CA 94605
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7940 Bancroft Ave Oakland, CA 94605
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