NOT LISTED FOR SALE

860 20th St Oakland, CA 94607

West Oakland Neighborhood

Estimated Value: $1,147,000 - $1,339,000

8 Beds
8 Baths
3,240 Sq Ft
$379/Sq Ft Est. Value

Last Sold October 13, 2023

Last sale price $1,325,000 $409 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $8,142/month

38 Days on Market

Highlights

  • No HOA
  • Cooling Available
  • Heating Available

About This Home

As of October 2023

The Pinza Group is proud to present a 4-unit apartment complex comprised of four spacious 2b/2bth units with strong current cash flow and excellent rental upside. The current CAP rate is 6.22% and the current GRM is 11.69. One lower unit will be delivered vacant at close of escrow making this also a perfect opportunity for an owner-occupant. The property was built in 1889, offers approximately 3,240 square feet of rental space, and sits on a 4,400 square foot lot with a nice backyard that tenants enjoy. All units have been extensively remolded with new kitchens and bathrooms with new countertops, stainless steel appliances, wood floors, in-unit water heaters, washers and dryers and more. The roof is newer and all the electrical has been redone resulting in a turn-key property for the next investor. The property is easy to manage and is separately metered for water and PG&E providing for low annual operating expenses. This is an attractive West Oakland Location Near Downtown Oakland, Berkeley with easy access to the Bay Bridge and San Francisco. There are numerous restaurants, coffee shops, micro breweries all over West Oakland and Downtown Oakland creating a dynamic urban scene that's extremely popular.

Last Agent to Sell the Property

David Howarth

License #01360348 Listed on: 08/13/2023

Last Buyer's Agent

Steve Zirelli

Cornish & Carey Commercial License #01929245

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,531

Year Built

  • Built in 1889

Lot Details

  • 4,400 Sq Ft Lot

Home Design

  • Quadruplex

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • 3,240 Sq Ft Building
  • Bridge Aor Association

Listing and Financial Details

  • Assessor Parcel Number 33110

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,531

Year Built

Built in 1889

Lot Details

0

Listing Details

  • Year Built: 1889
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1
  • Directions: Curtis St rt on 20th St
  • Carport Y N: No
  • Garage Yn: No
  • Efficiency: Other
  • Skirt: ["Other"]
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Other
  • Basement: Other
  • Other Equipment: Other
  • Total Bedrooms: 8

Exterior Features

  • Lot Features: Other
  • Exterior Features: Other

Garage/Parking

  • Attached Garage: No
  • Parking Features: Other

Utilities

  • Heating: Other
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Lot Info

  • Lot Size Sq Ft: 4400
  • Parcel Number: 33110
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2023
Closed on
Nov 13, 2023
Sold by
Arthur Matthews Trust
Bought by
Sully Heather Rene
Seller's Agent
David Howarth
Buyer's Agent
Steve Zirelli
Cornish & Carey Commercial
List Price
$1,395,000
Sold Price
$1,325,000
Premium/Discount to List
-$70,000
-5.02%
Views
112
Current Estimated Value
$1,228,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$96,384
Avg. Annual Appreciation
-3.63%
Original Mortgage
$770,000
Outstanding Balance
$756,542
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$472,074

Purchase Details

Closed on
Apr 10, 2020
Sold by
Znidarsic David and Znidarsic Jean M
Bought by
Znidarsic David and Znidarsic Jean Marie

Purchase Details

Closed on
Oct 31, 2019
Sold by
Full Throttle Software Llc
Bought by
Znidarsic David and Znidarsic Jean M

Purchase Details

Closed on
Nov 25, 2013
Sold by
Cox Kieran A
Bought by
Full Throttle Software

Purchase Details

Closed on
Jan 20, 2012
Sold by
Harrison Michael Arigbebe
Bought by
Cox Kieran A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$503,500
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 8, 2008
Sold by
Abioye Moses Remi
Bought by
Binns Clinton and Binns Emma

Purchase Details

Closed on
Mar 8, 2006
Sold by
Harrison Michael Arigbede
Bought by
Harrison Michael Arigbede

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,700
Interest Rate
6.19%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 3, 2006
Sold by
Abioye Moses R
Bought by
Harrison Michael Arigbede

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,700
Interest Rate
6.19%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 10, 2004
Sold by
Guiton Birdie H and Will Of Oliver C Guiton
Bought by
Abioye Moses Remi
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sully Heather Rene $1,325,000 Chicago Title
Znidarsic David -- None Available
Znidarsic David $1,600,000 North American Title Co Inc
Full Throttle Software -- None Available
Cox Kieran A $530,000 First American Title Company
Binns Clinton -- None Available
Harrison Michael Arigbede -- Fidelity National Title Co
Harrison Michael Arigbede -- None Available
Abioye Moses Remi $180,000 Financial Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sully Heather Rene $770,000
Previous Owner Cox Kieran A $503,500
Previous Owner Harrison Michael Arigbede $265,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $1,325,000 -- --
10/13/2023 10/13/23 Sold $1,325,000 -5.0% $409 / Sq Ft
09/20/2023 09/20/23 Pending -- -- --
08/13/2023 08/13/23 For Sale $1,395,000 -- $431 / Sq Ft
Source: bridgeMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $20,531 $1,351,500 $405,450 $946,050
2024 $20,531 $1,325,000 $397,500 $927,500
2023 $26,786 $1,681,871 $504,561 $1,177,310
2022 $25,989 $1,648,895 $494,668 $1,154,227
2021 $24,816 $1,616,575 $484,972 $1,131,603
2020 $24,540 $1,600,000 $480,000 $1,120,000
2019 $10,287 $596,758 $179,027 $417,731
2018 $10,070 $585,061 $175,518 $409,543
2017 $9,580 $573,591 $172,077 $401,514
2016 $9,282 $562,345 $168,703 $393,642
2015 $9,230 $553,902 $166,170 $387,732
2014 $9,610 $543,053 $162,916 $380,137
Source: Public Records

Agents Affiliated with this Home

  • David Howarth

    Seller's Agent in 2023

    David Howarth

    (510) 822-1331

    2 in this area

    35 Total Sales

    David Howarth
    Section Image
  • Steve Zirelli

    Buyer's Agent in 2023

    Steve Zirelli

    Cornish & Carey Commercial

    (650) 688-8508

    1 in this area

    37 Total Sales

    Steve Zirelli
    Section Image
See All Agents

Map

Source: bridgeMLS

MLS Number: 41035924

bridgeMLS

APN: 003-0031-010-00

California Alameda County Oakland 94607 West Oakland

860 20th St, Oakland, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

bridgeMLS Bay East 2025. CCAR 2025. bridgeMLS 2025. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Nearby Homes