Oakland, CA 94606
$945,000
Bed
0
Bath
0
Living Space
3,745 SqFt
Year Built
1915
Lot Size
4,960 SqFt
Days
148
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.
Listing provided courtesy ofTony Zizzo License 01962093 Compass, Ray Rodriguez License 01999734 Compass
Data provided by MLSListings Inc.
School District: Oakland Unified School District
Athol Park is a local park with benches, trees, and grass, and features public tennis courts. It is located near Lake Merritt.
The Athol Oakland area is part of the larger Oakland community, known for its diverse culture, arts, food scene, and innovation. The neighborhood offers a mix of local businesses, dining, and community events.
Athol Oakland has a Walk Score of 100 and a Transit Score of 89. This indicates that daily errands do not require a car and transit is convenient for most trips. Nearby transit options include the Red-S SF / SFO Airport / Millbrae, Orange-S OAK Airport / Berryessa/North San Jose, and Yellow-N San Francisco / Antioch lines.
This neighborhood information is AI-generated based on the property address and publicly available data. Please verify important information independently. Do not rely solely on this information for property decisions. RoostHaven makes no warranties and assumes no liability for the accuracy or completeness of AI-generated information. School boundaries, ratings, and local amenities may change over time.
School District: Oakland Unified School District
Athol Park is a local park with benches, trees, and grass, and features public tennis courts. It is located near Lake Merritt.
The Athol Oakland area is part of the larger Oakland community, known for its diverse culture, arts, food scene, and innovation. The neighborhood offers a mix of local businesses, dining, and community events.
Athol Oakland has a Walk Score of 100 and a Transit Score of 89. This indicates that daily errands do not require a car and transit is convenient for most trips. Nearby transit options include the Red-S SF / SFO Airport / Millbrae, Orange-S OAK Airport / Berryessa/North San Jose, and Yellow-N San Francisco / Antioch lines.
This neighborhood information is AI-generated based on the property address and publicly available data. Please verify important information independently. Do not rely solely on this information for property decisions. RoostHaven makes no warranties and assumes no liability for the accuracy or completeness of AI-generated information. School boundaries, ratings, and local amenities may change over time.
