$4,750,000
( $193.72Per Sq Foot )
$25,499 est/mo Sourced by Back At You220 Athol Avenue,Oakland, CA 94606
Oakland, CA 94606
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.
Details
| MLS # | ML82053676 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1966 |
| Days On Site | 68 |
| Listing Provided By | Marcus & Millichap | Eymon Binesh |
Features
| SQ Feet | 24,520 |
|---|---|
| Units | 25 |
| Building(s) | 1 |
| Zoning | R-70 |
| Acreage | 0.26 |
Interior
| Cooling | None |
|---|---|
| Cooling Yes / No | Yes |
Taxes
| Property | 82082 |
|---|
Area Information
| State | CA |
|---|---|
| County | Alameda |
| City | Oakland |
| Zip Code | 94606 |
| Area | 699 Not Defined |
| Listing VS Median (in 94606) | |
Price: $4,750,000 low | high Med: $569,900 sqft: 24,520 low | high Med: 1,054 $ / sqft: $194 low | high Med: $543 On site: 68 low | high Med: 47.5 | |
Market Activity 94606
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Learn More About This Property
| State | CA |
|---|---|
| County | Alameda |
| City | Oakland |
| Zip Code | 94606 |
| Area | 699 Not Defined |
| Listing VS Median (in 94606) | |
Price: $4,750,000 low | high Med: $569,900 sqft: 24,520 low | high Med: 1,054 $ / sqft: $194 low | high Med: $543 On site: 68 low | high Med: 47.5 | |
Listing Updated: August 31, 2026 at 10:47:53 AM PDT