220 Athol AVE, Oakland, CA 94606
220 Athol AVE, Oakland, CA 94606
220 Athol AVE, Oakland, CA 94606
220 Athol AVE, Oakland, CA 94606
220 Athol AVE, Oakland, CA 94606
220 Athol AVE, Oakland, CA 94606
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Eric Sandate

Eric Sandate

+1(650) 576-5580
Listed by Eymon Binesh, DRE #02060059 • Marcus & Millichap
$ 4,750,000
Est. payment | /mo

5 Beds

6 Baths

24,520 SqFt

Save
$ 4,750,000
Est. payment | /mo
Save

5 Beds

6 Baths

24,520 SqFt

Key Details

Property Type Multi-Family, Commercial

Sub Type Five or More Units

Listing Status Contingent

Purchase Type For Sale

Square Footage 24,520 sqft

Price per Sqft $193

MLS Listing ID ML82053676

Bedrooms 5

Full Baths 6

Year Built 1966

Lot Size 0.258 Acres

Property Sub-Type Five or More Units

Source MLSListings, Inc.

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.

Location

State CA

County Alameda

Area Oakland Zip Code 94606

Zoning R-70

Interior

Heating Gas

Cooling None

Exterior

Parking Features Attached Garage

Utilities Available Public Utilities

Roof Type Rolled Composition

Building

Foundation Concrete Perimeter

Sewer Sewer - Public

Water Public

Others

Tax ID 021-0224-032-01

Special Listing Condition Not Applicable

MLS Listing IDX PLUS
Copyright 2026 MLSListings Inc All rights reserved.
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

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220 Athol AVE