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$4,750,000 Just Listed

  • For Sale
  • Active
  • Commercial Residential Facility
  • 24,520 Sq. Ft.
  • Updated 9 hours ago
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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.

Full Property Details for 220 Athol Ave

General

  • Price: $4,750,000
  • Status: Active
  • Type: Commercial Residential Facility
  • Source: RE_Infolink
  • MLS ID: ML82053676
  • Updated: 7/9/2026
  • Added to Site: Today

Additional Information

  • Security/Safety: Secured Garage / Parking

Parking

  • Garage Spaces: 25
  • Parking Features: Attached Garage

Location

  • Area: Oakland Zip Code 94606
  • County: Alameda

Heating & Cooling

  • Cooling Type: None

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Public Utilities
  • Metering: Master Water, Separate Electric, Separate Gas

Structural Information

  • Foundation: Concrete Perimeter
  • Roof: Rolled Composition
  • Disability Access: Elevator/Lift, Parking
  • Square Feet: 24,520
  • Year Built: 1966

Unit Information

Unit 2

  • Bedrooms: 1

Unit 3

  • Bedrooms: 2

Unit 4

  • Bedrooms: 2

Lot Features

  • Minimum Lot Size: 11220
  • Building Sites: 1
  • Zoning: R-70

Disclosures and Reports

  • Restrictions: None

Listed by Marcus & Millichap, Eymon Binesh

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Listing agent

— 220 Athol Ave —

  • Eymon Binesh

    Marcus & Millichap

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 220 Athol Ave

School District:Oakland Unified School District
NameGradesDistance
Cleveland Elementary School, Oakland, CA
745 Cleveland Street, Oakland, CA 94606
K-50.5 mi
Edna Brewer Middle School
3748 13th Avenue, Oakland, CA 94610
6-81.3 mi
Oakland High School
1023 MacArthur Boulevard, Oakland, CA 94610
9-120.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 220 Athol Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/09/2026
Listed
$4,750,000
-31.16%
MLS
10/04/2018
Sold
$6,900,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 220 Athol Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$98,205
-15%
$7,703,245
2%
2024
$115,006
-5%
$7,553,612
2%
2023
$120,680
4%
$7,404,614
2%
2022
$116,450
6%
$7,260,842
2%
2021
$109,880
1%
$7,105,917
1%
2020
$108,681
5%
$7,038,521
2%
2019
$103,693
157%
$6,895,200
202%
2018
$40,297
6%
$2,283,649
2%
2017
$37,863
2%
$2,238,880
2%
2016
$37,042
1%
$2,194,991
2%
2015
$36,808
-2%
$2,162,025
2%
2014
$37,680
1%
$2,119,683
—
2013
$37,234
—
$2,110,108
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Marcus & Millichap, Eymon Binesh

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220 Athol Ave, Oakland, CA 94606 (MLS# ML82053676) is a Commercial Residential Facility property. 220 Athol Ave is currently listed for $4,750,000 and was received on July 09, 2026. Want to learn more about 220 Athol Ave? Do you have questions about finding other Commercial Residential Facility real estate for sale in Oakland? You can browse all Oakland real estate or contact a Coldwell Banker agent to request more information.

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