Athol

Oakland, CA, 94606
Active Under Contract $4,750,000
  • 24,520sqft
  • 11,220sf lot
Listing agent:
Marcus & Millichap
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.

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Athol is a Residential Income Five Or More Units property located in Oakland, California, featuring a 11,220 sqft lot, 24,520 sqft, MLS #ML82053676.
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Data last modified: 2026-07-20 19:47:58