330 Athol AVE Oakland, CA 94606 Open Fri 12PM-2PM

UPDATED: 04/03/2026 11:30 PM ON SITE: New on site today

$995,000

4 Beds3 Baths3,588 SqFt

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 3,588 sqft

Price per Sqft $277

MLS Listing ID ML82041559

Bedrooms 4

Full Baths 3

Year Built 1908

Lot Size 4,000 Sqft

Property Sub-Type Five or More Units

Property Description

330 Athol Avenue offers a multifamily investment in Oaklands desirable Cleveland Heights neighborhood, just 0.6 miles from Lake Merritt and 2.2 miles from Jack London Square. The property benefits from strong tenant demand due to its proximity to dining, retail, and waterfront amenities while maintaining a residential neighborhood feel. The property consists of six units totaling ~3,558 SF on a 0.09-acre lot, with a unit mix of (4) junior 1BD/1BA units, (1) 1BD/1BA unit, and (1) 2BD/1BA unit. This diverse mix appeals to a wide range of tenants, from entry-level renters to those seeking larger living spaces. The 2BD unit features a private deck, enhancing rental appeal and potential premiums. All units are currently occupied, providing immediate and in-place cash flow. The unit mix supports strong occupancy while offering long-term upside through rent growth and interior upgrades. The property can be acquired with adjacent assets at 320-324 and 326-328 Athol Avenue, creating a rare opportunity for scale, operational efficiency, and long-term portfolio growth in a prime Lake Merritt submarket.