$4,700,000
$4,750,000
1.1%For more information regarding the value of a property, please contact us for a free consultation.
24,520 SqFt
SOLD DATE : 09/30/2026
Key Details
Sold Price $4,700,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 24,520 sqft
Price per Sqft $191
MLS Listing ID ML82053676
Sold Date 09/30/26
HOA Y/N No
Year Built 1966
Lot Size 0.258 Acres
Property Sub-Type Other
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
Zoning R-70
Interior
Heating Natural Gas
Cooling None
Fireplace No
Exterior
Handicap Access Accessible Elevator Installed
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 021022403201
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© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Bought with RobertJohnston
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