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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Travis Breton

Travis Breton

+1(760) 470-2752
$ 4,750,000
Est. payment | /mo

0.26 Acres Lot

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

0.26 Acres Lot

Key Details

Property Type Commercial

Listing Status Pending

Purchase Type For Sale

MLS Listing ID ML82053676

HOA Y/N No

Year Built 1966

Annual Tax Amount $82,082

Lot Size 0.258 Acres

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 699 - Not Defined

Zoning R-70

Interior

Cooling None

Fireplace No

Building

Water Public

Schools

School District Other

Others

Tax ID 021022403201

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Eymon Binesh Marcus & Millichap #02060059

Nearby Locations

Travis Breton

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

+1(760) 470-2752

travisbreton@gmail.com

1902 Wright Place #200, Carlsbad, CA 92008, USA

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220 Athol AVE

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