220 Athol Avenue, Oakland, CA 94606
List Price: $4.75M
Listing Status: Active
0Days on Market: 0
0 Bedrooms · 0 Bathrooms
Property Type: CommercialSale
Year Built: 1966
Lot Size: 11,220 sq ft
Annual Property Tax: $82,082
MLS Number: ML82053676
About This Property
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.
Listing provided by: Eymon Binesh DRE #02060059 (650) 391-1700 ebinesh@marcusmillichap.com, Marcus & Millichap
Source: CRMLS, MLS #: ML82053676
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.