Please Do Not Disturb Tenants. 330 Athol Avenue presents a compelling 7-unit multifamily investment opportunity in Oakland's desirable Cleveland Heights neighborhood, just 0.6 miles from Lake Merritt and 2.2 miles from Jack London Square, offering strong tenant demand and access to premier amenities. The property consists of approximately 3,550 square feet on a 0.09-acre lot. The main building includes six units: four junior one-bedroom/one-bath units, one one-bedroom/one-bath unit, and one two-bedroom/one-bath unit with a private deck. Additionally, a detached rear unit (Unit 328) features a two-bedroom loft layout with one bathroom, providing added privacy and premium rental potential. All units are currently occupied, delivering immediate in-place cash flow. The unit mix supports stable occupancy while offering upside through rent increases and interior improvements. The property is also part of a rare assemblage opportunity with neighboring properties at 320-324 and 326 Athol Avenue, creating potential for scale, operational efficiencies, and long-term value growth in a supply-constrained Oakland submarket.
| MLS # | ML82041559 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1908 |
| Days On Site | 150 |
| Listing Provided By | Compass | Tony Zizzo |
| SQ Feet | 3,588 |
|---|---|
| Units | 7 |
| Building(s) | 2 |
| Zoning | RM-2/S-13 |
| Acreage | 0.09 |
| Heating | Wall Furnace |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Roof | Composition, Flat, Shingle |
|---|
| Property | 11118 |
|---|
| State | CA |
|---|---|
| County | Alameda |
| City | Oakland |
| Zip Code | 94606 |
| Area | 699 Not Defined |
| Listing VS Median (in 94606) | |
Price: $870,000 low | high Med: $1,072,500 sqft: 3,588 low | high Med: 6,549 $ / sqft: $242 low | high Med: $190 On site: 150 low | high Med: 192 | |
| State | CA |
|---|---|
| County | Alameda |
| City | Oakland |
| Zip Code | 94606 |
| Area | 699 Not Defined |
| Listing VS Median (in 94606) | |
Price: $870,000 low | high Med: $1,072,500 sqft: 3,588 low | high Med: 6,549 $ / sqft: $242 low | high Med: $190 On site: 150 low | high Med: 192 | |