Athol Ave, Oakland, CA 94606
Property image
Property image
FOR SALE
NEW - 5 HRS AGO
0.26 ACRES

Athol Ave
Oakland, CA 94606

Cleveland Heights
  • 5 Beds
  • 6 Baths
  • 24,520 sqft (on 0.26 acres)

$4,750,000

Est. Mortgage $28,549/mo*
Get Pre-Qualified

$4,750,000

Est. Mortgage $28,549/mo*
Get Pre-Qualified
5 Beds
6 Baths
24,520 sqft
(on 0.26 acres)

Local Information

  • Map ViewExplore the area around Athol Ave.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

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.

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$194
Listed
Less than a day ago

Home Details for Athol Ave

Interior Features

Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 6
Dimensions and Layout
Living Area: 24520 Square Feet
Appliances & Utilities
Utilities: Public Utilities, Water Public
Heating & Cooling
Heating: GasNo CoolingAir Conditioning: NoneHeating Fuel: Gas
Gas & Electric
Gas: PublicUtilities
Levels, Entrance, & Accessibility
Accessibility: Elevator/Lift, Parking

Exterior Features

Exterior Home Features
Roof: Rolled Hot MopFoundation: Concrete Perimeter
Parking & Garage
Number of Garage Spaces: 25Number of Covered Spaces: 25Has a CarportHas a GarageParking Spaces: 25Parking: Attached
Water & Sewer
Sewer: Public Sewer

Days on Market

Days on Market: <1 day on Trulia

Property Information

Year Built
Year Built: 1966
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Five Or More Units, Residential Income
Property Information
Parcel Number: 021022403201

Price & Status

Price
List Price: $4,750,000Price Per Sqft: $194

Location

Direction & Address
City: Oakland
School Information
Elementary School District: OaklandUnifiedHigh School District: OaklandUnified

Agent Information

Listing Agent
Listing ID: ML82053676

Building

Building Area
Building Area: 24520

Community

Units in Building: 25

Lot Information

Lot Area: 0.26 acres

Listing Info

Special Conditions: Standard

Offer

Listing Agreement Type: ExclusiveAgency

Miscellaneous

Mls Number: ML82053676
Last check for updates: about 7 hours ago
Listing courtesy of Eymon Binesh 02060059, (650) 546-1030
Marcus & Millichap, (650) 391-1700
Source: MLSListings Inc, MLS#ML82053676
Also Listed on MLSListings Inc.

Market trends in Oakland

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$803K
$87.83KMoM
Sale-to-List Price
106.8%
2.2%MoM
Price per sq ft
$566
$38MoM
Available listings
782
30MoM

Price History for Athol Ave

DatePriceEventSource
07/09/2026$4,750,000Listed For SaleMLSListings Inc #ML82053676

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New Listings near Athol Ave

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Comparable Sales for Athol Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
521-525 Athol Ave, Oakland, CA
0.10
Multi-Family Home
$1,273,800
08/11/25
5
4
4,120
1924 7th Ave, Oakland, CA
0.37
Multi-Family Home
$1,450,000
11/12/25
5
4
3,590
650 Hillsborough St, Oakland, CA
0.16
Multi-Family Home
$1,005,000
05/05/26
6
4
3,804
2257 Park Blvd, Oakland, CA
0.08
Multi-Family Home
$1,090,000
06/25/26
6
3
2,728
459 Wayne Ave, Oakland, CA
0.30
Multi-Family Home
$1,450,000
06/26/26
5
4
2,547
1911 5th Ave, Oakland, CA
0.29
Multi-Family Home
$1,020,000
06/12/26
8
4
3,984
621 E 21st St, Oakland, CA
0.26
Multi-Family Home
$860,000
01/02/26
3
4
2,927

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for Athol Ave.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Cleveland Heights
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Cleveland Heights

At least 84 Trulia users voted on each feature.

  • 92 % Say there are sidewalks

  • 90 % Say it's walkable to grocery stores

  • 88 % Say it's dog friendly

  • 87 % Say it's walkable to restaurants

  • 62 % Say streets are well-lit

  • 60 % Say neighbors are friendly

  • 50 % Say people would walk alone at night

  • 49 % Say they plan to stay for at least 5 years

  • 46 % Say yards are well-kept

  • 46 % Say there's holiday spirit

  • 45 % Say car is needed

  • 44 % Say there's wildlife

  • 44 % Say there are community events

  • 39 % Say it's quiet

  • 39 % Say kids play outside

  • 34 % Say parking is easy

Sourced by Trulia users. Learn more about our methodology.
  • Webbmarquis35
    "I drive my car so I don't use public transportation but it is right down The street and easy to access "
    0
    Flag
  • Trulia User
    "I love this place ❤️I want to live in this area these . My daughters like to live in this área , this place is amazing and me too thank you so much for everything."
    0
    Flag
  • Trulia User
    "Good place to live and hang out. There's mostly apartment buildings in this neighborhood, so not great for people wanting to buy a house. if you are a chill person or couple you'll like it here. "
    0
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  • Trulia User
    "I’ve lived in this neighborhood for 7 years and love it. We all know one another and lakeshore and Lake Merritt are close by. "
    2
    Flag
  • Trulia User
    "It’s a great place to walk with or without a dog. The views and homes are beautiful. There also many historic homes in this area. "
    0
    Flag
  • Carlyniccolelund
    "It is a very quiet, neighborly place. I feel very safe walking my dogs at night and everyone always says hello when passing by."
    2
    Flag
  • Dennis A.
    "Not much from the neighbors themselves, but lots going on around the lake that’s accessible from here. "
    1
    Flag
  • Katelynpcabot
    "Great for dog walks but hard to have off leash! The traffic varies, off the main streets is much safer than along lake shore etc "
    0
    Flag
  • Savannah L.
    "There are multiple parks available in addition to walking by the lake. Lots of other dog owners around."
    0
    Flag
  • M.mkonu
    "It has got crowded here over the last few years - traffic is worse, parking is impossible - especially evenings around the neighborhood."
    1
    Flag
  • Brandon Y.
    "this area is great for families with young kids. lot's of good parks to go hang out at. This is not a super trendy area area, there are a few things to do, but if you want fancy food, you'll have to leave the neighborhood to get it. "
    1
    Flag
  • Heathervanatta
    "Everything is within walking distance farmers market is close by there’s a movie theater here neighbors are really friendly lake is beautiful"
    0
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  • Kally Price
    "It is very close to the freeway, which means you can hear it too. There are a few bus stops including the transbay bus nearby. "
    0
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  • Veronica M.
    "Like! It’s by the lake with lots of other friendly dogs. People run around the lake with their dogs. Very dog friendly neighborhood. "
    0
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  • Josephe c.
    "Super cute neighborhood with apartments and houses. Grocery shopping, coffee shops, and restaurants all within walking distance. "
    3
    Flag
  • Karen C.
    "Great access to the transbay bus and NL bus that goes to 19th Street BART, but a 30+ minute walk to either Lake Merritt or 19th Street BART."
    0
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  • Dallasdotter
    "Short bike ride or catch AC Tranit to downtown Oakland (~15 minutes). Sometimes take Bart from there to the city (another 15-20 minutes)."
    0
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  • Snfpatrick
    "It feels like I’m out of the city at night which I like because it’s quiet and I wish I wasn’t living in the city at all "
    2
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  • Aprille F.
    "I have lived here 13 years. I have seen it change so much in recent years. It is getting crowded, but it is still a luxury to be close to all the happenings of Oakland and a stone’s throw from the lake. It has been good to me, this ‘hood!"
    1
    Flag
  • Sue G.
    "It’s close to Lake Merritt, which is an oasis in the city of Oakland! Love Oakland. Love the neighborhood."
    0
    Flag
  • chezrachel
    "I live in this neighborhood. It's a wonderful area, in walking distance of restaurants, shops, and the beautiful Lake Merritt."
    2
    Flag

LGBTQ Local Legal Protections

Eymon Binesh, Marcus & Millichap, (650) 391-1700
Agent Phone: (650) 546-1030
Based on information from the MLSListings MLS as of 2026-07-09 10:20:40 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Athol Ave, Oakland, CA 94606 is a 5 bedroom, 6 bathroom, 24,520 sqft multi-family built in 1966. Athol Ave is located in Cleveland Heights, Oakland. This property is currently available for sale and was listed by MLSListings Inc on Jul 9, 2026. The MLS # for this home is MLS# ML82053676.