1888 Bancroft AVE new

San Leandro,CA 94577

$ 2000000

8 Beds

5 Baths

4902 SqFt


Key Details

Property Type Multi-Family, Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 4,902 sqft

Price per Sqft $407

MLS Listing ID BE41101019

Bedrooms 8

Year Built 1971

Lot Size 8,500 Sqft

Property Sub-Type Five or More Units

Source Bay East

Property Description

An attractive opportunity to own a five (5) updated units located in the sought-after Assumption Parish neighborhood in San Leandro. It is located in the corner of Bancroft and Sybil. This 5-unit complex is NOT a soft story building with carports located adjacent to the building. Building is well maintained with updated electrical and plumbing systems. Highly desirable unit mix comprised of one (1) 3BR/2BA, three (3) 2BR/1BA and one (1) 1BR/1BA. One unit is being used by owner and will be delivered vacant with new appliances (all electric), making it available immediately for rent at market rate. Tremendously low expenses as tenants pay for all utilities. Coined laundry facility onsite provides extra income. Walking distance to schools, groceries, dining and coffee shops. Multiple public transportation options available. Ideal for new, 1031 or seasoned investors.

Location

State CA

County Alameda

Area San Leandro

Interior

Heating Electric

Cooling Ceiling Fan

Flooring Tile,Carpet - Wall to Wall

Laundry Laundry Facility - Coin-Op,Washer,Dryer

Exterior

Exterior Feature Stucco

Garage Spaces 7.0

Roof Type Composition

Building

Sewer Sewer - Public

Water Public,Heater - Gas

Others

Special Listing Condition New,Not Applicable

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