220 Athol Avenue, Oakland, CA 94606
220 Athol Avenue, Oakland, CA 94606
220 Athol Avenue, Oakland, CA 94606
22
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Listed by Eymon Binesh • Marcus & Millichap
$4,750,000
Est. payment /mo
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24,520 SqFt
Pending

220 Athol Avenue Oakland, CA 94606

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Key Details

Property Type Commercial

Sub Type Other

Listing Status Pending

Purchase Type For Sale

Square Footage 24,520 sqft

Price per Sqft $193

MLS Listing ID ML82053676

HOA Y/N No

Year Built 1966

Lot Size 0.258 Acres

Property Sub-Type Other

Source Datashare MLSListings

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.

Location

State CA

County Alameda

Interior

Heating Natural Gas

Cooling None

Fireplace No

Building

Water Public


Bay East Association of Realtors

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Max Manatt

Max Manatt

Agent | License ID: 01957416

+1(925) 980-3375

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220 Athol Avenue