Desert Lifestyle Properties Logo
$945,000
( $252.34Per Sq Foot )
 $5,073 est/mo Sourced by Back At You

320324 Athol Avenue,Oakland, CA 94606

Oakland, CA 94606

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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.

Details

MLS #ML82041534
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1915
Days On Site144
Listing Provided ByCompass | Tony Zizzo

Features

SQ Feet3,745
Units5
Building(s)2
ZoningRM-2/S-13
Acreage0.11

Interior

HeatingWall Furnace
Heating Yes / NoYes
Cooling Yes / NoYes

Exterior

RoofComposition, Flat, Tar Gravel

Taxes

Property12076

Area Information

StateCA
CountyAlameda
CityOakland
Zip Code94606
Area699 Not Defined
Listing VS Median (in 94606)
Price:
$945,000
low | high
Med:
$604,900
85.989417989418% of Average
sqft:
3,745
low | high
Med:
1,153
100% of Average
$ / sqft:
$252
low | high
Med:
$525
57.909479297164% of Average
On site:
144
low | high
Med:
49
100% of Average
Sourced by Back At You

Market Activity 94606

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Learn More About This Property

Desert Lifestyle Properties

Desert Lifestyle Properties

 (760) 818-7518info@desertlifestyleproperties.com
StateCA
CountyAlameda
CityOakland
Zip Code94606
Area699 Not Defined
Listing VS Median (in 94606)
Price:
$945,000
low | high
Med:
$604,900
85.989417989418% of Average
sqft:
3,745
low | high
Med:
1,153
100% of Average
$ / sqft:
$252
low | high
Med:
$525
57.909479297164% of Average
On site:
144
low | high
Med:
49
100% of Average
Sourced by Back At You
Listing Updated: August 21, 2026 at 11:39:07 PM PDT
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