Home | Alameda County | Oakland | 94606 | 220 Athol Ave
MLS: ML82053676 | Status: | Price: $4,700,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | 24,520 | 11,220 | 1966 |
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.
| Field | Value |
|---|---|
| MLS # | ML82053676 |
| MLS Source | MLSListings, Inc. |
| Feature | Details |
|---|---|
| Cooling | None |
| Heating | Gas |
| Feature | Details |
|---|---|
| Roof | Rolled/Hot Mop |
| Foundation | Concrete Perimeter |
| Feature | Details |
|---|---|
| Garage/Parking | Attached Garage, Garage: 25 Car(s) |
| Elementary District | Oakland Unified |
| High School District | Oakland Unified |
| Sewer | Public Sewer |
| Water | Public |
| Zoning | R-70 |
Eymon Binesh
Marcus & Millichap
License #: 02060059
Phone: (650) 546-1030
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 24 | 25 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | – | 2 | 2/0 | $3,166 | – | 1 |
| 2 | – | 2 | 2/0 | $1,014 | $2,813 | 7 |
| 3 | – | 1 | 1/0 | $918 | $2,199 | 15 |
| 4 | – | – | 1/0 | $947 | $1,586 | 2 |
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Dewey Academy | public | 9-12 | 0.42 mi | 3 |
| La Escuelita Elementary School | public | K-5 | 0.43 mi | 2 |
| Neighborhood Centers Adult Education | public | UG | 0.46 mi | N/A |
| MetWest High | public | 9-12 | 0.49 mi | 4 |
| Metwest High School | public | 9-12 | 0.49 mi | N/A |
| Cleveland Elementary School | public | K-5 | 0.51 mi | 6 |
| Franklin Elementary School | public | K-5 | 0.52 mi | 7 |
| Gateway To College at Laney College School | public | 9-12 | 0.65 mi | 7 |
| Bella Vista Elementary School | public | K-5 | 0.80 mi | 4 |
| Lincoln Elementary School | public | K-5 | 0.84 mi | 9 |
| Oakland High School | public | 9-12 | 0.91 mi | 4 |
| Roosevelt Middle School | public | 6-8 | 1.09 mi | 3 |
| Westlake Middle School | public | 6-8 | 1.12 mi | 2 |
| Edna Brewer Middle School | public | 6-8 | 1.27 mi | 8 |
| Garfield Elementary School | public | K-5 | 1.33 mi | 3 |
| Street Academy (Alternative) | public | 9-12 | 1.39 mi | 2 |
| Crocker Highlands Elementary School | public | K-5 | 1.51 mi | 9 |
| Manzanita Community | public | K-5 | 1.58 mi | 1 |
| Alameda Unified Special Education | public | UG | 1.60 mi | N/A |
| Manzanita SEED | public | K-5 | 1.61 mi | 4 |
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This listing information is up-to-date as of October 01, 2026. For the most current information, please contact Eymon Binesh, (650) 546-1030.