Off Market1749d on market
1991 Bancroft Ave
San Leandro, CA, 94577 • Downtown • Alameda County
$2,651,387
$299/sqft
11Beds
7Baths
8,872Sqft
0.17 acLot
1958Built
Market activity
Demand and pricing signals for this listing
2 views
People checking out this listing
1749 days on market
Established listing
$299/sqft
Price per square foot
About this home
Multi Family · Built 1958
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.
Estimated monthly payment
Based on current rates
$16,696/month
Principal & Interest$13,161
Property Tax$2,651
Insurance$884
Down payment20% ($530,277)
3%50%
Est. 6.32% rate · 30yr fixed · $2,121,110 loan
Full calculator →At a glance
Key facts and listing details
Type5 or More Units
Year Built1958
HeatingWall, Gas
CoolingCentral, Wall
Parking12 Parking spaces
Property
Home typeMulti Family
Sub-type5 or More Units
Year built1958
Systems
HeatingWall, Gas
CoolingCentral, Wall
RoofComposition
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingCarport, Garage - Detached, Off-street
Lot7,501 sqft
Location & Tax
NeighborhoodDowntown
Annual tax$32,924
Parcel7757221
Bathrooms & Fees
Full baths7
Features & details
8 categories of property features
Interior Features
Appliances
Dryer
Washer
Flooring
Carpet
Linoleum / Vinyl
Heating
Wall
Gas
Cooling
Central
Wall
Laundry
Coin Operated
Community Facility
Exterior Features
Exterior
Stucco
Wood
Brick
Parking
Carport
Garage - Detached
Off-street
Lot Features
Corner Lot
2 Houses / 1 Lot
Listing insights
Market data and value estimates
StatusOff Market
Days on market1749
Est. rent$2,973/mo
Tax rate1.22%
Price/sqft$299
Last sold$2,452,000
Tour days6
Views2
How are the schools in San Leandro?
3 schools rated nearby
Location
San Leandro, CA, 94577
Price history
9 events
DateEventPrice$/sqftSource
Aug 9, 2023Listing Removed——CRMLS
Jun 23, 2021Sold$2,452,000$276bridgeMLS/CCAR/Bay East AOR
Mar 8, 2021Pending Sale$2,495,000$281bridgeMLS/CCAR/Bay East AOR
Feb 8, 2021Price Change$2,495,000$281bridgeMLS/CCAR/Bay East AOR
Dec 28, 2020Listed For Sale$2,525,000$285bridgeMLS/CCAR/Bay East AOR
Nov 4, 2020Listing Removed$2,525,000$285Marcus & Millichap
Oct 7, 2020Listed For Sale$2,525,000$285MARCUS & MILLICHAP
Jan 30, 2020Listing Removed$2,650,000$299CBRE
Aug 22, 2019Listed For Sale$2,650,000$299CBRE
Listing Removed—
Aug 9, 2023•CRMLS
Sold$2,452,000
Jun 23, 2021•$276/sqft•bridgeMLS/CCAR/Bay East AOR
Pending Sale$2,495,000
Mar 8, 2021•$281/sqft•bridgeMLS/CCAR/Bay East AOR
Price Change$2,495,000
Feb 8, 2021•$281/sqft•bridgeMLS/CCAR/Bay East AOR
Listed For Sale$2,525,000
Dec 28, 2020•$285/sqft•bridgeMLS/CCAR/Bay East AOR
Listing Removed$2,525,000
Nov 4, 2020•$285/sqft•Marcus & Millichap
Listed For Sale$2,525,000
Oct 7, 2020•$285/sqft•MARCUS & MILLICHAP
Listing Removed$2,650,000
Jan 30, 2020•$299/sqft•CBRE
Listed For Sale$2,650,000
Aug 22, 2019•$299/sqft•CBRE
Tax history
25 years of records
YearTax paidAssessed value
Apr 8, 2025—$2,651,387
Apr 8, 2024$35,337$2,599,409
Apr 8, 2023$35,058$2,548,459
Apr 8, 2022$34,076$2,498,490
Apr 8, 2021$7,517$380,993
Apr 8, 2020$7,180$378,328
Apr 8, 2019$7,000$370,933
Apr 8, 2018$7,117$363,685
Apr 8, 2017$7,117$356,358
Apr 8, 2016$6,823$349,392
Apr 8, 2015$6,600$344,160
Apr 8, 2014$6,600$337,440
Apr 8, 2013—$335,920
Apr 8, 2012—$329,355
Apr 8, 2011—$322,917
Apr 8, 2010—$320,513
Apr 8, 2009—$321,272
Apr 8, 2008—$314,993
Apr 8, 2007—$308,839
Apr 8, 2006—$302,805
Apr 8, 2005—$296,888
Apr 8, 2004—$291,090
Apr 8, 2003—$285,773
Apr 8, 2002—$280,190
Apr 8, 2001$4,239$273,696
Nearby homes
Neighborhood details
Local context around this listing
San Leandro, CA • Alameda County
Nearby neighborhoods
Bay-O-VistaBonaireBroadmoorDowntownEastshoreEstudiollo EstatesFloresta GardensHalcyon FoothillMulford GardensWashington Manor
Nearby cities
AlamedaBerkeleyDublinFremontHaywardLivermoreOaklandPleasanton
Nearby zip codes
94577945789457994622
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