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Emil Soleyman

emil@emilrealestate.com +1(209) 500-8589

Listed by Tony Zizzo, DRE #01962093 • Compass

$1,095,000

Est. payment - /mo

3 Beds

2 Baths

3,745 SqFt

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UPDATED:

Key Details

Property Type Multi-Family, Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 3,745 sqft

Price per Sqft $292

MLS Listing ID ML82041534

Bedrooms 3

Full Baths 2

Year Built 1915

Lot Size 4,960 Sqft

Property Sub-Type Five or More Units

Source MLSListings, Inc.

Property 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.

Location

State CA

County Alameda

Area Oakland Zip Code 94606

Zoning RM-2/S-13

Rooms

Kitchen Oven Range - Gas

Interior

Heating Wall Furnace , Other

Cooling Other

Flooring Carpet, Hardwood

Exterior

Parking Features Detached Garage, On Street

Utilities Available Individual Electric Meters, Individual Gas Meters

Roof Type Composition,Flat / Low Pitch,Tar and Gravel

Building

Foundation Brick , Combination, Concrete Perimeter, Crawl Space

Sewer Sewer - Private

Water Private / Mutual

Others

Tax ID 022-0306-017

Special Listing Condition Not Applicable

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Nearby Locations

Emil Soleyman

Broker | License ID: 01496074

+1(209) 500-8589 | emil@emilrealestate.com

320-324 Athol AVE Oakland, CA 94606

Emil Soleyman

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby Locations

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