860 20th ST, Oakland, CA 94607
860 20th ST, Oakland, CA 94607
860 20th ST, Oakland, CA 94607
860 20th ST, Oakland, CA 94607
860 20th ST, Oakland, CA 94607
860 20th ST, Oakland, CA 94607
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Michael Green

Michael Green

+1(405) 227-5773
Listed by Eli T Meyskens NOVO
$ 1,250,000
Est. payment | /mo

8 Beds

8 Baths

3,244 SqFt

Save
$ 1,250,000
Est. payment | /mo
Save

8 Beds

8 Baths

3,244 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,244 sqft

Price per Sqft $385

MLS Listing ID 426168542

Bedrooms 8

Full Baths 8

HOA Y/N No

Year Built 1889

Lot Size 4,400 Sqft

Acres 0.101

Property Sub-Type Quadruplex

New Construction Yes

Property Description

Four 2 bedroom, 2 bath units in a two-story 1889 building on a 4,400 square foot lot in West Oakland, about 0.6 miles from 19th Street BART and Uptown Oakland. Units average approximately 810 square feet. Three are leased month to month at an average of $2,416, and unit 864 is available, a natural fit for an owner-occupant or for immediate lease-up. Units are separately metered for PG&E and water, tenants pay all utilities except trash, and there is in-unit laundry. Ownership reports a full exterior repaint, appliance updates and balcony improvements. Income and expenses shown are the stabilized case with unit 864 leased at an estimated $2,650 and are broker estimates: 5.98% cap rate before vacancy at the asking price, 5.6% after a 5% vacancy allowance and taxes reassessed at the asking price. Assumptions and sources are in the Offering Memorandum, available on request. Buyer to verify all information, including square footage, zoning, permitted uses and income, in their own due diligence.

Location

Province CA

County Alameda

Area Oakland Zip 94607

Zoning RM-2

Interior

Flooring Tile, Wood

Fireplace No

Appliance Free-Standing Gas Oven, Free-Standing Gas Range, Free-Standing Refrigerator, Gas Water Heater

Exterior

Utilities Available Electricity Available, Sewer Connected

Roof Type Shingle

Building

Lot Description Curb(s), Sidewalk

Story 2

Sewer Public Sewer

Water Separate Meter, Public

Level or Stories Two

New Construction Yes

Others

Tax ID 003003101000

San Francisco MLS - SFAR

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860 20th ST

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