320-324 Athol AVE, Oakland, CA 94606
320-324 Athol AVE, Oakland, CA 94606
320-324 Athol AVE, Oakland, CA 94606
320-324 Athol AVE, Oakland, CA 94606
320-324 Athol AVE, Oakland, CA 94606
320-324 Athol AVE, Oakland, CA 94606
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Tony Zizzo, DRE #01962093 • Compass
$ 1,095,000
Est. payment | /mo

3 Beds

2 Baths

3,745 SqFt


Save
$ 1,095,000
Est. payment | /mo
Save

3 Beds

2 Baths

3,745 SqFt

Key Details

Property Type Multi-Family, Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 3,745 sqft

Price per Sqft $292

MLS Listing ID ML82041534

Bedrooms 3

Full Baths 2

Year Built 1915

Lot Size 4,960 Sqft

Property Sub-Type Five or More Units

Source MLSListings, Inc.

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.

Location

State CA

County Alameda

Area Oakland Zip Code 94606

Zoning RM-2/S-13

Rooms

Kitchen Oven Range - Gas

Interior

Heating Wall Furnace , Other

Cooling Other

Flooring Carpet, Hardwood

Exterior

Parking Features Detached Garage, On Street

Utilities Available Individual Electric Meters, Individual Gas Meters

Roof Type Composition,Flat / Low Pitch,Tar and Gravel

Building

Foundation Brick , Combination, Concrete Perimeter, Crawl Space

Sewer Sewer - Private

Water Private / Mutual

Others

Tax ID 022-0306-017

Special Listing Condition Not Applicable

MLS Listing IDX PLUS

Nearby Locations

Eric Sandate

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(650) 576-5580

eric.sandate@exprealty.com

1641 Laurel St, San Carlos, CA, 94070-5216, USA

GET MORE INFORMATION

Name
Phone*
Message

Go tour this home

320-324 Athol AVE