320330 Athol Avenue, Oakland, CA 94606

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List Price
$2,375,000
Status
ACTIVE
MLS#
ML82062250
Year Built
1908
Lot Size
12,363
Acres
0.28
Days on Market
152
Property Type
Commercial

Property Description

Three contiguous parcels totaling 13 Units! 320-330 Athol Avenue is a rare chance to buy three side by side properties in the Cleveland Heights area of Oakland. The sale includes 13 units in about 9,127 square feet on a combined 0.28 acres. Located just 0.6 miles from Lake Merritt and 2.2 miles from Jack London Square, close to dining, shopping, parks and transit. 320-324 Athol Ave offers upside. It has two buildings one with (4) 1 bed 1 bath units and the other (1) 2 bed 1 bath single family home, gas and electric are separately metered. The building with the (4) 1 Bed 1 Bath units is completely vacant, so a buyer can renovate and lease at market rents. Detached garages bring in about 7,800 dollars per year. 326 Athol is a 3 bed 1.5 bath single family home with original hardwood floors, a fireplace, a laundry area and mature trees. It works well as a rental or for an owner user. 330 Athol is fully occupied and it's master metered for all utilities. The main building has four junior 1 bed 1 bath units, one 1 bed 1 bath and one 2 bed 1 bath with a private deck. A detached rear unit, 328, is a 2 bed loft with its own bath. Together, the three properties offer in place income, and long term value in a strong rental area. 320-330 Athol Ave is to be sold as a portfolio only.

Additional Information

Taxes
$30,350
Heat
Wall Furnace
Cooling
Yes
Roof
Shingle, Tar/Gravel
School District
Other
Attached Structure
Detached
Gross Scheduled Income
$245,124

Listing courtesy of Listing Agent: Tony Zizzo (tony.zizzo@compass.com) from Listing Office: Compass.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.