SOLDJUN 23, 2021

1991 Bancroft Ave
San Leandro, CA 94577

Downtown

Local Information

  • Map View
    Explore the area around 1991 Bancroft Ave.
  • Street View
    Take a virtual walk around the neighborhood.
  • Schools
    1 Elementary School
    1 Middle School
    1 High School
  • Crime
    Lowest crime relative to the rest of Alameda county.
  • Commute
    84% of residents commute by car.
  • Shop & Eat
    106 Restaurants
    27 Groceries
    12 Nightlife

Description

This property is no longer available to rent or to buy. This description is from June 25, 2021
1991 Bancroft is an impressive six-unit mixed use apartment building in the highly attractive core East Bay market of San Leandro. The property was built in 1958 and consists of two buildings on one 7,500 square foot lot. The main building has 4 apartment units and one 2,758 square foot commercial space while the second building is a two bedroom single family residence. The commercial space was leased earlier this year to a local dance studio who is opening their second location. The dance studio has committed to a long term lease and recently made their own capital improvements to the space for upgraded flooring. The commercial space has scheduled increases of 24% in 2021 and 22% in 2022. This significantly increases the cash flow for a new buyer just in the first 18 months of ownership. All information and images should be independently reviewed and verified for accuracy.

Home Details for 1991 Bancroft Ave

Year Built
1955
Parking
No Info
Price/Sqft
No Info
HOA
None
Heating
Yes
Cooling
No
Outdoor
No Info
Laundry
Dryer
Interior Features
Appliances & Utilities
Appliances: Gas Water Heater, DryerDryer
Heating & Cooling
Heating: Wall FurnaceHas Heating
Exterior Features
Exterior Home Features
Roof: Shingle Tar Gravel
Property Information
Year Built
Year Built: 1955
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: Brick Veneer, Stucco, Wood Siding
Property Information
Parcel Number: 7757221
Active Status
MLS Status: Closed
Lot Information
Lot Area: 7500 Square Feet
Tax Information
Annual Tax Amount: $30,027
Business
Expense
Tenant Pays: Gas
Miscellaneous
Living Area Range Units: Square Feet
Last check for updates: about 13 hours ago
Listed by Joseph Owens 01707768
MARCUS & MILLICHAP
Bought with: Harry Cordiano 01115795, Flat Rate Realty
Source: CRMLS, MLS#40924234

Price History for 1991 Bancroft Ave

Event DetailsPrice
06/23/2021
Sold
CRMLS #40924234
$2.45M

03/31/2021
Pending
bridgeMLS/CCAR/Bay East AOR #40924234
$2.5M

03/25/2021
PendingToActive
bridgeMLS/CCAR/Bay East AOR #40924234
$2.5M

03/08/2021
Pending
bridgeMLS/CCAR/Bay East AOR #40924234
$2.5M

02/08/2021
PriceChange
bridgeMLS/CCAR/Bay East AOR #40924234
$2.5M

01/13/2021
Listed For Sale
bridgeMLS/CCAR/Bay East AOR #40924234
$2.52M

11/03/2020
ListingRemoved
Agent Provided
$2.52M

10/07/2020
Listed For Sale
Agent Provided
$2.52M

01/30/2020
ListingRemoved
Agent Provided
$2.65M

08/22/2019
Listed For Sale
Agent Provided
$2.65M

Property Taxes and Assessment

Year2020
Tax$7,180
Assessment$378,328
Home facts updated by county records

Price Trends

For homes in 94577
*Based on the
Trulia Estimate
$870,642
Typical home value
This home: $2,452,000 64% above*
$1,187
Typical Home Value by sqft
Price trends provided by third party data sources.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Downtown

At least 43 Trulia users voted on each feature.
  • 90%
    There are sidewalks
  • 80%
    It's dog friendly
  • 76%
    It's walkable to grocery stores
  • 73%
    It's walkable to restaurants
  • 70%
    Car is needed
  • 56%
    Parking is easy
  • 54%
    They plan to stay for at least 5 years
  • 51%
    Yards are well-kept
  • 51%
    People would walk alone at night
  • 50%
    Streets are well-lit
  • 48%
    There's holiday spirit
  • 44%
    Kids play outside
  • 39%
    It's quiet
  • 33%
    Neighbors are friendly
  • 26%
    There's wildlife
  • 20%
    There are community events
Learn more about our methodology.
  • Trulia User
    "We have cherry festivals and an abundance of garage sales that help bring the community together! It is a lot of fun."
    2
    Flag
  • Trulia User
    "Occasional block parties that are advertised in local publications and the Next Door App that everyone is welcome! "
    2
    Flag
  • Trulia User
    "Lots of other dog owners. Non complaints. Always nice to see people out walking their dogs. I suppose the only real threat posed would be fleas. My cats don’t go outdoors and they got fleas so we think we brought them in from the complex."
    4
    Flag

LGBT Local Legal Protections

LGBT Legal Protections updated by Movement Advancement Project
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2021-07-31 10:11:59 PDT 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. Properties may or may not be listed by the office/agent presenting the information
1991 Bancroft Ave, San Leandro, CA 94577 is a multi-family built in 1955. 1991 Bancroft Ave is located in Downtown, San Leandro. This property is not currently available for sale. 1991 Bancroft Ave was last sold on Jun 23, 2021 for $2,452,000 (2% lower than the asking price of $2,495,000). The current Trulia Estimate for 1991 Bancroft Ave is $2,506,900.