1888 Bancroft Ave San Leandro, CA 94577
Updated 5-unit apartment building in San Leandro's Assumption Parish.
Property size:
4,902 SFProperty Features for 1888 Bancroft Ave
General Information
- Standard status
- Active
- Size
- 4,902 SF
Building Details
- Year built
- 1971
Source:
Corcoran
Listing Agent: Janet Cheung
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
San Leandro Multifamily Investment Opportunity
This well-maintained, updated five-unit apartment building is located in the Assumption Parish neighborhood of San Leandro, at the corner of Bancroft and Sybil. The complex is not a soft story building and features carports adjacent to the building. The unit mix includes one 3-bedroom/2-bathroom unit, three 2-bedroom/1-bathroom units, and one 1-bedroom/1-bathroom unit. One unit, currently owner-occupied, will be delivered vacant with new, all-electric appliances, available for immediate market-rate rental. Tenants are responsible for all utilities, resulting in low expenses for the owner. A coin-operated laundry facility on-site provides additional income. The property is within walking distance of schools, grocery stores, restaurants, and coffee shops, with multiple public transportation options nearby. The property size is 4902 square feet. This property is suitable for new, seasoned, and 1031 investors.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- San Leandro
- County
- Alameda
- State
- California
- Longitude
- -122.1454708
- Latitude
- 37.7220675
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Updated 5-unit apartment building in San Leandro's Assumption Parish.
Where is this apartment building located?
The property is located at 1888 Bancroft Ave San Leandro, CA.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: - Five-unit complex in the desirable Assumption Parish neighborhood of San Leandro.; - One unit delivered vacant with **new appliances, ready for immediate market-rate rental.**; - Tenants pay all utilities, resulting in tremendously low expenses for the owner.