CA
Alameda
OAKLAND
94606
220 Athol Avenue
220 Athol Avenue, OAKLAND, CA 94606
Share Listing
Listing Type
Multi Family
Listing Status
Active
22
$4,750,000

Home Details for 220 Athol Avenue

Price
$4,750,000
Type
Residential Income
Square feet
24520
Year built
1966
County
Alameda
Garage
25
MLS Listing#
ML82053676
Listed By: Marcus & Millichap - 650-391-1700
Listed By: Eymon Binesh
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.

Property Features
  • Cooling Information
    • None
  • Heating Information
    • Natural Gas
  • Water Features
    • Public
  • House Interior
    • Elevator
  • Garage
    • 1
  • Parking
    • Attached
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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: 2026-07-10 15:40:14
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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
408 778 9990
Agent
408 202 3243
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