Under contract

220 Athol Ave, Oakland, CA 94606

Sqft
24,520

View property features, location on map, relevant school information and overview from seller's agent.

Listed byMarcus & Millichap
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Overview

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

Full feature list

Basic info

Property type
Multi-family
Square feet
24,520
Lot size (acres)
0.26
Year built
1966

Utilities

Heating
Natural Gas
Cooling
None
Sewer
Public Sewer
Water
Public Water

Public schools

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Sourced from: Bay East Association of REALTORS MLS®#: ML82053676 Last checked:

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