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Keiana Gunn
HOA Assistant
(805) 439-2547 ext. 14

220 Athol Avenue, Oakland, CA 94606

$4,750,000
  • 220 Athol Avenue, Oakland, CA 94606 Main Photo

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ActiveUnderContract
MLS#ML82053676
STATUSActiveUnderContract PROPERTY TYPECommercial - Business SCHOOLOther

Listing Courtesy of: Marcus & Millichap
Agency Phone: (650) 391-1700
Associate Name: Eymon Binesh
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Listing Shown by: Farrell Smyth, Inc.
Associate Name: Keiana Gunn


Property 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.

220 Athol Avenue | MLS# ML82053676

This commercial property located at 220 Athol Avenue, Oakland, CA 94606 is currently listed for sale with an asking price of $4,750,000. Athol Avenue is located within the Other school district. Search Oakland real estate on annettemullen.farrellsmyth.com today.

Property Features

Property Type: Commercial - Business
Cooling: None
Lot Size: 0.26 Acres
Taxes: $82,082
Year Built: 1966

Feature Descriptions

Days on Site: 8
Parcel#: 021022403201
Water: Public

Local Schools

School District: Other

Listed By / Shown By

Listed By

Agency Name: Marcus & Millichap
Agent Name: Eymon Binesh
Agency Phone: (650) 391-1700

Shown By

Agent Name: Keiana Gunn
Agent Phone: (805) 439-2547 ext. 14
Agency Title: Farrell Smyth, Inc.

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/19/2026. The listing information on this page last changed on 07/19/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sun 07/19/2026 12:00:54 AM EST) or CRMLS (last updated Sat 07/18/2026 12:29:48 AM EST). Real estate listings held by brokerage firms other than Farrell Smyth, Inc. may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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