220 Athol Avenue, Oakland, CA 94606
- $4,750,000
- 24,520
- SqFt
- List Price
- $4,750,000
- Status
- PENDING
- MLS#
- ML82053676
- Closing Date
- Sep 28, 2026
- Year Built
- 1966
- Property Type
- Other
- Living Area
- 24,520
- Lot Size
- 11,220
- Acres
- 0.26
- County
- Alameda
- Subdivision
- Ca
Property Description
Located just two blocks from Lake Merritt, 220 Athol Avenue offers investors the rare opportunity to acquire a well-maintained 25-unit apartment community at an exceptional basis of just $190,000 per unit and $193 per square foot. The property features private balconies for every unit, gated underground parking, and onsite laundry facilities, enhancing its appeal to residents. Offered at over a 6% CAP rate with substantial additional rental upside, 220 Athol Avenue represents one of the most compelling value-add investment opportunities in Oakland's premier Lake Merritt neighborhood.
Additional Information
- Parking Features
- Attached
- Roof
- Rolled/Hot Mop
- Water Sewer
- Public
Mortgage Calculator
Listing courtesy of Eymon Binesh from Marcus & Millichap. 650-546-1030
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