8531 Bancroft Ave, Oakland, CA 94605

$449,000 Asking Price

1 bed
2 baths
1,060  sqft
Built in 1930

**PRICE REDUCTION** Versatile RM-3/C Zoning: Whether you envision residential, commercial, or a dynamic blend of both, the flexible zoning sets the stage for multiple possibilities. Current Dual Residential Unit Configuration: Embrace flexibility with two distinct residential units, offering the ideal setup for multi-generational living, rental income, or a live-and-work scenario. (Currently used as 2 residential units with one unit vacant). Radiant Updated Ambiance: Bask in the renovated and updated atmosphere of light and bright light-filled interiors, creating an inviting and inspiring environment for living, working, or both. Convenient Off-Street Parking: Say goodbye to parking woes with dedicated gated off-street parking and a detached garage ensuring convenience and peace of mind for residents and visitors alike. Gated Entry: Privacy meets peace of mind with a gated front entry, offering exclusivity while enhancing the property's allure. Charming Brick Facade: Timeless charm and curb appeal, coupled with modern convenience. A charming brick facade—a statement of character and enduring elegance.


Features & Amenities

Interior

Appliances:
Dryer,Washer
A/C:
true, See Remarks
Heating:
true, Electric
Fireplace:
None
Disability Feature:
Other

Exterior

General:
Barn(s)
Other Structures:
Barn(s)
Pool:
None
Parking:
Garage,Off Street,Other, Parking spaces: 2

Construction

General:
Brick,Wood Siding, 1, Raised

Location

Originating MLS:
CRMLS
County:
Alameda

Lot

Zoning:
4345694
View:
City Lights,Hills, View

Utilities

Sewer:
Public Sewer

Financial

Source:
CRMLS

This listing courtesy of:
Red Oak Realty, Mark Lederer

About Oakland, CA

Housing

Number of Units
177,632
Median Home Value
$787,488
Median Rent
$1,447

58.32% of housing units are renter occupied.

5.58% are vacant.

Commute

Car
45.04%
Public Transportation
15.65%
Walk to Work
2.37%
Work from Home
34.27%
Other
0.97%

The median travel time to work is 24 minutes.

People

Population
421,479
Median Age
37.40
Median Household Size
2.67

Education

High School
16.36%
Associate’s Degree
5.41%
Bachelor’s Degree
27.23%
Graduate Degree
19.90%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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