1 month on rocket

7874 Bancroft Ave, Oakland, CA, 94605

$625,000

Home List Price

$7,422*

Closing Credit

0 Baths
Multi

Location

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7874 Bancroft Ave, Oakland$625,000

Buyer Closing Credits

$7,422*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingGarage, On Street
Year Built1956
MLS #41072879
Lot Size0.07 Acres
StatusActive

About 7874 Bancroft Ave

Welcome to 7874-7876 Bancroft Ave., a prime investment opportunity in Oakland’s Eastmont neighborhood. This duplex offers two 2-bedroom, 1-bathroom units, each spanning 916 sqft. The 7874 unit has a longtime tenant, while the updated 7876 unit is vacant, presenting flexible investment possibilities. Whether you’re looking to live in one unit and rent the other, or lease both for maximum income potential, this property has you covered. This Duplex sports a new roof, both units have their own yard, and share the attached 2-car garage. The vacant unit has never been lived in since it has been remodeled, and boasts a beautifully updated interior featuring a modern kitchen with quartz countertops, stainless steel appliances, new flooring, fresh paint, and an updated bathroom with a sleek vanity and shower over tub. Each bedroom offers generous space and natural light, creating a cozy yet spacious atmosphere. Centrally located near the Bay Bridge, Oakland Airport, BART, and local shopping and dining, this duplex is a fantastic opportunity you don’t want to miss!

Property Details

Property Features

Property Information:

  • Year Built: 1956

Listing Office:

  • Office Name: Rise Group Real Estate
  • Office Phone: (925) 252-5193
  • Listing Agent: Chris Strange

Interior Features

Interior Information:

  • Flooring Type: Laminate

Exterior Features

Parking Information:

  • Parking: Garage, On Street

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Other

Directions Information:

  • Directions: GPS Cross Street: 79th Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $625,000
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Housing Market Comparison

See how this home compares to others in Oakland, CA.

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Oakland, CA

City

Med. Sold Price

$860.7K

Med. Price/SqFt

$591

Avg. Days On Market

33

# of Sold Homes

268

7874 Bancroft Ave vs Oakland

58 DAYS ON ROCKET

+25 Days

$625,000

-$235.7K Less

KEY TAKEAWAY

This property is $235.7K less than the Median Sold Price in Oakland, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #41072879

Listing Office:

  • Office Name: Rise Group Real Estate
  • Office Phone: (925) 252-5193
  • Listing Agent: Chris Strange

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/24/2024, 8:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,187

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,940

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1227844
3
/10

  • Aspire College Academy

  • 8030 Atherton St

  • 0.15 miles

  • Public Charter Grades KG-5

school-card-donut-1227845
1
/10

  • East Oakland Pride Elementary School

  • 8000 Birch St

  • 0.23 miles

  • Public District Grades KG-5

school-card-donut-1227846
2
/10

  • Markham Elementary School

  • 7220 Krause Ave

  • 0.37 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,132. The most common annual income of people living in Oakland, CA is between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Alameda County›Oakland›94605›7874 Bancroft Ave

This home is located at 7874 Bancroft Ave in Oakland, CA and zip code 94605 in the Eastmont neighborhood. This home, which was built in 1956, sits on a 0.07 acre lot. It has been listed on Rocket Homes since September 27, 2024 and is currently priced at $625,000.

In October 2024 more than 165 listings in Oakland, CA were sold above the asking price. During the same period more than 30 listings were sold at asking price, while more than 45 were sold below. The inventory of homes for sale in Oakland, CA between September 2024 and October 2024 increased by 9.9%. The median list price of listings available in October 2024 was $860,714, while the average time on the real estate market was 33 days.

From Rocket Homes Real Estate and based on county public records data.

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