CA
Alameda
OAKLAND
94606
320-324 Athol Avenue
320-324 Athol Avenue, OAKLAND, CA 94606
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Listing Type
Multi Family
Listing Status
Active
31
$1,095,000

Home Details for 320-324 Athol Avenue

Price
$1,095,000
Type
Residential Income
Square feet
3745
Year built
1915
County
Alameda
Garage
4
Basement
Crawl Space
MLS Listing#
ML82041534
Listed By: Compass - 415-345-3000
Listed By: Tony Zizzo
Property Description

THREE VACANT UNITS allowing for renovation and lease-up at market rents, 4-plex with detached 2 Bed 1 Bath single-family home! 320-324 Athol Avenue offers a strong multifamily investment in Oaklands desirable Cleveland Heights neighborhood, just 0.6 miles from Lake Merritt and 2.2 miles from Jack London Square. The highly walkable, transit-friendly location provides excellent access to dining, retail, and major employment centers, supporting consistent tenant demand. The property includes two structures totaling ~3,745 SF on a 0.11-acre lot, with a unit mix of (4) 1BD/1BA units and (1) 2BD/1BA single-family-style home, appealing to a broad renter base. Investors benefit from immediate value-add potential, with three vacant units allowing for renovation and lease-up at market rents. Additional income is generated from detached garages (~$7,800 annually), with upside potential. A rare opportunity exists to acquire two adjacent properties (326-328 and 330 Athol), enabling scale, operational efficiency, and long-term redevelopment or portfolio growth. With strong rental demand and limited supply, this offering combines in-place income, vacancy-driven upside, and strategic expansion potential in a prime Lake Merritt submarket.

Property Features
  • Heating Information
    • Wall Furnace
    • Other
  • Parking
    • On Street
    • Detached
  • Cooling Information
    • Other
  • Water Features
    • Private
  • Basement
    • Crawl Space
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Based on information from the MLSListings MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright 2026 MLSListings Inc. All rights reserved.

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Last Updated: 2026-04-11 02:10:33
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EXIT REALTY CONSULTANTS
16175 Monterey #A, Morgan Hill, CA 95037
CA DRE# 01424183. Kris Klair Broker.
Margaret Vierra
Associate Broker
Office
209 668 2525
Agent
408 202 3243
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