Two buildings Two separate lots, 5106 & 5112 Bancroft Avenue is a 12-unit value add opportunity in Oakland?s growing Fruitvale District. The property boasts 1 two-bedroom 1 bathroom unit, and 11 Studio units. There is over 60% rental upside through banked rents, occupancy and capital expense pass-throughs. The property is asking well below replacement costs at $100,000 per unit. The property is individually metered for gas and elect with two on-site parking spaces. Tenants enjoy easy access to employment centers and points of interest around the Bay Area with quick connections to major highway arteries (I-880), and public transportation (A/C Transit and Fruitvale & Coliseum BART).