7876 Bancroft Avenue, Oakland, California 94605, Oakland, 94605 - 0 bed, 0 bath
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Oakland, California 94605
This Turnkey Duplex Asset is a High-Potential Investment Opportunity, listed at $588,520—positioned well below the $689,851 Fair Market Value by 14%. This valuation gap offers $101,331 in Instant Equity. The property maintains an Excellent Condition Rating following a full interior remodel of the vacant unit, featuring quartz countertops, stainless steel appliances, and a new roof. Located near BART and Oakland Airport, this income-generating property is perfectly suited for Buy-and-Hold Investors or Owner-Occupants looking to leverage a high-quality house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7876 Bancroft Avenue Subject | $588,520* List Price | 0 | 0 | 1,832 | $377 | - |
A 6610 Bancroft Avenue Sold | $699,000 | 0 | 0 | 1,750 | $399 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1956, the property features a brand-new, full interior remodel of one unit (<5 years) with a modern kitchen, quartz countertops, and stainless steel appliances. The addition of a new roof and updated bathrooms, combined with the mint condition of the vacant unit, qualifies it for the excellent rating.
The duplex configuration features one tenant-occupied unit for instant cash flow and one newly remodeled vacant unit, providing an ideal setup for either market-rate rental or owner-occupancy.
The property boasts a brand-new roof and a fully renovated unit with high-end finishes like quartz countertops and stainless steel appliances, significantly reducing immediate maintenance requirements.
Positioned with excellent access to BART, the Oakland Airport, and the Bay Bridge, the property is highly attractive to a broad tenant base seeking convenient regional connectivity.
The local public schools carry low ratings (ranging from 1 to 3), which may deter family-oriented tenants and potentially impact long-term property appreciation.
With a lot size of just 3,031 square feet, the property offers minimal outdoor space and limited potential for future expansion or the addition of an Accessory Dwelling Unit (ADU).
7874-7876 Bancroft Avenue presents a strong investment opportunity in Oaklands Eastmont neighborhood. This duplex includes two 2-bedroom, 1-bathroom units, each approximately 916 square feet, offering excellent rental potential. One unit is tenant occupied, providing immediate rental income, while the second unit has been fully remodeled and is currently vacant, allowing flexibility for market-rate rent or owner occupancy. The updated unit has never been occupied since its renovation and features a stylish modern kitchen with quartz countertops, stainless steel appliances, new flooring, fresh paint, and an updated bathroom. Spacious bedrooms and abundant natural light create a comfortable and inviting living environment. The property also includes a new roof, private yard areas for each unit, and a shared two-car attached garage. Convenient access to BART, Oakland Airport, the Bay Bridge, and nearby retail and dining makes this a well-positioned property for long-term investment or owner occupancy.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.4 mi
Grades K-8 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,832 | 2,242.5 | 50% |
| Lot Size | 3,031 | 3,575 | 25% |
| Price | $588.5K | $619.3K | 50% |
| Price per sq ft | $321 | $280 | 50% |
| Built year | 1956 | 1949 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 86 | 101 | 50% |
Mar 13, 2026
$588,520
Initial Listing
Mar 5, 2025
$625,000
Public Record
Dec 18, 2017
$423,000
Public Record