6504 6504 Bancroft Ave, Oakland, California 94605, Oakland, 94605 - bed, bath
6504 6504 Bancroft Ave
Oakland, California 94605
Property Price
SUMMARY
Analysis of 6504 6504 Bancroft Ave, Oakland, California 94605 is currently available with a list price of $698,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Oakland Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1945, this duplex is well-maintained but shows clear signs of age with outdated features. The kitchens and bathrooms are functional but feature older cabinetry, laminate or basic tile countertops, and aged appliances. The interior retains original hardwood flooring and utilizes older wall-mounted heating units rather than a modern central HVAC system. While the property is livable and provides immediate rental potential, it lacks the comprehensive modern renovations or recent construction required for a 'good' or 'excellent' rating.
PROSSTRENGTHS & OPPORTUNITIES
- Detached-Style Layout
The units do not share common walls, providing enhanced privacy and a single-family home feel that is highly desirable for both tenants and owner-occupants.
- Owner-User Opportunity
With the rear unit delivered vacant and featuring a private backyard and garage, the property offers an ideal opportunity for an owner-occupant to move in while collecting immediate rental income from the front unit.
- Strategic Commuter Location
Situated near major freeways (I-580 and I-880) and multiple transit options including BART and AC Transit, the property is perfectly positioned for easy access to major employment hubs.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Built in 1945, the property may require ongoing maintenance or capital improvements to its older systems and structural components compared to more modern developments.
- Inherited Tenancy
The front unit is currently tenant-occupied, which limits the new owner's immediate ability to renovate or adjust the rental rate to current market levels for that specific portion of the property.
About 6504 6504 Bancroft Ave
Prime East Oakland duplex near Mills College and Merritt College with convenient access to I-580, I-880, AC Transit, and nearby BART connections. 6504 Bancroft Ave features two 2BD/1BA units with a detached-style layout, meaning the units do not share a common wall for enhanced privacy. The rear 2BD/1BA unit will be delivered vacant and includes direct access to a private backyard along with one garage, offering a quieter setting away from the street. The front unit is tenant-occupied, providing immediate rental income. Well-proportioned layouts and two total garage spaces add functionality and appeal. Centrally located with easy access to Downtown Oakland, Lake Merritt, San Leandro, and Alameda, this is a flexible owner-occupant or investment opportunity in a commuter-friendly location.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1945
- Lot Size
- 3,500 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 1,906 | - | 86% |
| Lot Size | 3,500 | 5,060 | 14% |
| Price | $698.0K | $772.5K | 36% |
| Price per sq ft | $366 | $0 | 93% |
| Built year | 1945 | 1953 | 43% |
| HOA | $0 | $0 | 50% |
| Days on market | 3 | 224 | 7% |
Pricing History
Listed for Sale
Mar 4, 2026
$698,000
Initial Listing
Sold
Dec 22, 2021
$550,000
Public Record
Sold
Aug 11, 2010
$150,000
Public Record
Sold
Dec 13, 2002
$289,000
Public Record