860 20th Street Oakland, CA 94607

Four-unit residential income property in West Oakland, about 0.6 miles from 19th Street BART and Uptown Oakland. The two-story building, built in 1889, holds four 2 bedroom, 2 bath units averaging approximately 810 square feet on a 4,400 square foot lot. Three units are leased on month-to-month terms at an average of $2,416 per month; unit 864 is available for an owner-occupant or immediate lease-up. Units are separately metered for PG&E and water, and tenants pay all utilities except trash. In-unit laundry. Ownership reports full exterior paint, appliance updates and balcony improvements. Income and expense figures 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 detailed 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.