5223 Bancroft Avenue is a four-unit building located in Oakland's Fairfax Submarket. Built in 1923 the property boasts 3 one-bedroom one-bathroom units and 1 two-bedroom one bathroom unit. Tenants enjoy a backyard common area, and washer dryer hookups in units. The property is individually metered for all utilities allowing for lower operating expenses and is positioned for significant income growth through tenant turnover, rent increases, and converting the backyard common area into parking (potential for additional income). Nearby conveniences include Fruitvale BART, Mills College and I-880.