6625 Bancroft Ave, Oakland, CA 94605
Five-thousand-square-foot building with six individually metered two-bedroom apartments for more controlled utility expenses.
- Added:
- Jun 20, 2026
- Days on Market:
- 6
- Last Refresh:
- Jun 21 at 2:02 am
Property Features for 6625 Bancroft Ave
General Information
- Standard status
- Active
- Size
- 5,001 SF
- Property subtype
- Investment
Building Details
- Year Built
- 1946
Listing office OAK TREE PROPERTY GROUP (510) 255-2248
Listing date Jun 20, 2026
Source Elliman
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All listing content including descriptions, pricing, images are the copyrighted material of OAK TREE PROPERTY GROUP
HighLights
- 5,001‑square‑foot multifamily property built in 1946 with 6 residential units
- Unit mix: six 2‑bedroom, 1‑bath apartments
- Each unit is individually metered for PG&E and water, helping reduce owner‑paid utility expenses
- Walk Score 82 (Very Walkable) and transit Score 54 (Good Transit), according to provided scores
- Bike Score 58 (Bikeable), according to provided scores
Overview
The property is located at 6625 Bancroft Ave in Oakland within the Bancroft Business District. According to available walkability and transit metrics, the area scores very walkable with a walkScore of 82, bikeable with a bikeScore of 58, and good transit access with a transitScore of 54.
From a tenant perspective, the unit mix provides practical two-bedroom layouts and a straightforward one-bath configuration across all six homes. For owners and buyers, the combination of consistent apartment configuration and individually metered utilities is a practical fit for anyone looking for a stabilized, manageable multifamily asset with clear, unit-level utility responsibility.
Local Financial Insights For Apartment 5plus
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 | $174.0k | $34.80 |
| − Vacancy | −$9.0k | −$1.81 |
| EGI | $165.0k | $32.99 |
| − OpEx | −$74.2k | −$14.85 |
| NOI | $90.7k | $18.14 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Oakland
- County
- Alameda
- State
- California
- Longitude
- -122.1827302
- Latitude
- 37.7694712
