520 Bancroft is a 6-unit multifamily property located on Bancroft near the intersection of Bancroft and Dutton Ave. Originally built in 1949, the structure is three stories of wood frame and stucco construction and an internal stairway. All of the units are spacious two-bedroom units and there are only two units per floor. The property includes a spacious driveway and carport parking for each unit. There is a community laundry room on the first floor as well as a rooftop antenna that provide additional income. -Market GRM: 9.32 / Market Cap Rate: 7.54% -Well-maintained asset with stable operations and attractive curb appeal -Spacious two-bedroom units averaging 1,061 square feet -Great location adjacent to Dutton Ave / Estudillo Estates -1 block walk to Safeway, Zocalo Coffee and award-winning Paradiso -Convenient access to Interstates 580 & 880 as well as San Leandro BART
MLS #:
41136084
Taxes
$24,566
Lot Size
8,000 SQFT
Type
Multifamily
Year Built
1949
County
Alameda County
Community
Broadmoor
Listed By
Joseph Owens, Marcus & Millichap
Source CRMLS Last checked May 27 2026 at 6:22 PM GMT+0000
Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of {5/27/26 11:22} and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.
Description