511 Bancroft Ave | San Leandro, CA 94577
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- LoopNet Team
511 Bancroft Ave
San Leandro, CA 94577
Multifamily Property For Sale
·
5 Units
INVESTMENT HIGHLIGHTS
- Five Units Comprised of Four 1bd/1bth Units of 975 SqFt and One 2bd/2bth Unit of 1,234 SqFt
- Onsite Coin Operated Laundry Facility Provides Additional Income for the Owner
- Incredibly Large Storage Room Perfect for ADU Conversion
- Several Amenities Include Two Two-Car Garages, New Landscaping, a Shared Patio, a Barbecue Area and a Space for Gardening
- Ability to Convert Units Into 2bd/1bth & 3bd/2bth Respectively
PROPERTY FACTS
| No. Units | 5 | Building Size | 5,135 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1950/2019 |
| Building Class | C | Parking Ratio | 1.4/1,000 SF |
| Lot Size | 0.14 AC | ||
| Zoning | RM-1800 - Residential Multi-Family (24 dwellings per gross acre) | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 5,135 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1950/2019 |
| Parking Ratio | 1.4/1,000 SF |
| Zoning | RM-1800 - Residential Multi-Family (24 dwellings per gross acre) |
AMENITIES
SITE AMENITIES
- Laundry Facilities
- Grill
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | $1,923 | - |
| 2+2 | 1 | $2,350 | - |
PROPERTY TAXES
| Parcel Number | 076-0288-010-01 | Improvements Assessment | $1,507,269 |
| Land Assessment | $541,210 | Total Assessment | $2,048,479 |
PROPERTY TAXES
Parcel Number
076-0288-010-01
Land Assessment
$541,210
Improvements Assessment
$1,507,269
Total Assessment
$2,048,479
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