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220 Athol AVE, Oakland, CA 94606
220 Athol AVE, Oakland, CA 94606
220 Athol AVE, Oakland, CA 94606
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Josh Yoo

Josh Yoo

+1(510) 418-9180
Listed by Eymon Binesh • Marcus & Millichap, DRE#02060059
$4,750,000
Est. payment /mo
5 Beds
6 Baths
24,520 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Contingent

Purchase Type For Sale

Square Footage 24,520 sqft

Price per Sqft $193

MLS Listing ID ML82053676

Bedrooms 5

Full Baths 6

Year Built 1966

Lot Size 0.258 Acres

Property Sub-Type Five or More Units

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

Area Oakland Zip Code 94606

Zoning R-70

Interior

Heating Gas

Cooling None

Exterior

Parking Features Attached Garage

Garage Spaces 25.0

Utilities Available Public Utilities

Roof Type Rolled Composition

Building

Foundation Concrete Perimeter

Sewer Sewer - Public

Water Public

Others

Restrictions None

Tax ID 021-0224-032-01

Security Features Secured Garage / Parking

Special Listing Condition Not Applicable

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Josh Yoo

Josh Yoo

+1(510) 418-9180

Broker Associate | License ID: 02024903

Broker Associate License ID: 02024903

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220 Athol AVE

Find your next Bay Area home with

Josh Yoo.

As a Bay Area native and Top 1% real estate advisor, Josh brings local expertise, strategic guidance, and personal support to help you buy with confidence in a competitive market.