20278 Forest Ave 4, Castro Valley, California 94546, Castro Valley, 94546 - 2 bed, 2 bath
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20278 Forest Ave 4
Castro Valley, California 94546
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,014Sq Ft
21,413Lot Size
Property Price
LIST PRICE$499,000
EST. MARKET VALUE
$507,430
SUMMARY
This Turnkey Condominium represents a Strong Value Opportunity, listed at $499,000—positioned well below the $519,473 Fair Market Value by 3%. This valuation gap provides $20,473 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the unit includes modern white shaker cabinets, stone countertops, and wide-plank flooring. Located in the prestigious Castro Valley school district with proximity to BART, this property is an ideal sanctuary for first-time buyers or owner-occupants seeking a move-in ready lifestyle.
Estimated Market Value
$507,430
Based on Realkey algorithm analyzing recent comparable sales in Castro Valley.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 20278 Forest Ave 4 Subject | $499,000* List Price | 2 | 2 | 1,014 | $500 | - |
A 21065 Baker Road Sold | $560,000 | 2 | 2 | 1,056 | $530 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1981, the property has undergone significant interior renovations likely within the last 5-15 years. The kitchen features modern white shaker cabinets and stone countertops, and the living areas have updated wide-plank flooring. The unit is well-maintained, move-in ready, and includes modern upgrades like leased solar panels.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Commuter Location
The property is ideally situated near BART, major freeway access, and downtown amenities, offering exceptional convenience for professionals and commuters.
- Low Ownership Costs
With relatively low HOA dues of $323 and the inclusion of solar panels, this home offers a competitive advantage in managing monthly carrying costs.
- Highly-Rated School District
Located within the prestigious Castro Valley school district, the property benefits from access to top-tier education, which typically bolsters long-term resale value.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Configuration
The 1.5-bathroom layout lacks a second full bath, which may be a significant drawback for families or multi-resident households requiring more privacy.
- Solar Lease Assumption
The solar panels are leased rather than owned, requiring the buyer to assume a contractual obligation that may impact financing or long-term financial flexibility.
About 20278 Forest Ave 4
Beautiful townhouse-style, two-story condo featuring 2 bedrooms, 1.5 bathrooms, and two parking spaces directly in front of the unit. Enjoy low HOA dues, leased solar panels, a relaxing backyard, and a convenient location near downtown amenities, highly rated schools, BART, and freeway access. Move-in ready and waiting for you to make it your own!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1981
- Lot Size
- 21,413 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $323.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,014 | 1,108 |
| Lot Size | 21,413 | 33,203.833 |
| Price | $499.0K | $541.7K |
| Price per sq ft | $492 | $495 |
| Built year | 1981 | 1981 |
| HOA | $323.0 | $534 |
| Days on market | 50 | 73 |
Pricing History
Listed for Sale
Jul 21, 2026
$499,000
Initial Listing
Sold
May 22, 2023
$610,000
Public Record
Sold
Apr 24, 2020
$525,000
Public Record