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Listed by Tony Zizzo • Compass, DRE#01962093
$995,000
Est. payment /mo
6 Beds
4 Baths
3,588 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 3,588 sqft
Price per Sqft $277
MLS Listing ID ML82041559
Bedrooms 6
Full Baths 4
Year Built 1908
Lot Size 4,000 Sqft
Property Sub-Type Five or More Units
Property Description
Please Do Not Disturb Tenants. 330 Athol Avenue presents a compelling 7-unit multifamily investment opportunity in Oakland's desirable Cleveland Heights neighborhood, just 0.6 miles from Lake Merritt and 2.2 miles from Jack London Square, offering strong tenant demand and access to premier amenities. The property consists of approximately 3,550 square feet on a 0.09-acre lot. The main building includes six units: four junior one-bedroom/one-bath units, one one-bedroom/one-bath unit, and one two-bedroom/one-bath unit with a private deck. Additionally, a detached rear unit (Unit 328) features a two-bedroom loft layout with one bathroom, providing added privacy and premium rental potential. All units are currently occupied, delivering immediate in-place cash flow. The unit mix supports stable occupancy while offering upside through rent increases and interior improvements. The property is also part of a rare assemblage opportunity with neighboring properties at 320-324 and 326 Athol Avenue, creating potential for scale, operational efficiencies, and long-term value growth in a supply-constrained Oakland submarket.
Location
State CA
County Alameda
Area Oakland Zip Code 94606
Zoning RM-2/S-13
Interior
Heating Wall Furnace , Other
Cooling Other
Exterior
Parking Features Off-Street Parking, On Street
Utilities Available Public Utilities
Roof Type Composition,Flat / Low Pitch,Shingle
Building
Foundation Concrete Perimeter and Slab, Crawl Space
Sewer Sewer - Private
Water Private / Mutual
Others
Restrictions Other
Tax ID 022-0306-019
Security Features Other
Special Listing Condition Not Applicable
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