Property Detail

220 Athol

Oakland CA 94606

$4,750,000

Status: Active

Property Details

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.

Map Location

Listing provided courtesy of Eymon Binesh of Marcus & Millichap. Last updated 2026-08-08 08:25:34.000000. Listing information © 2026 CRMLS.

The Lineup

The Lineup

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