Property Details
Upcoming Open Houses
About this Property
THREE VACANT UNITS allowing for renovation and lease-up at market rents, 4-plex with detached 2 Bed 1 Bath single-family home! 320-324 Athol Avenue offers a strong multifamily investment in Oaklands desirable Cleveland Heights neighborhood, just 0.6 miles from Lake Merritt and 2.2 miles from Jack London Square. The highly walkable, transit-friendly location provides excellent access to dining, retail, and major employment centers, supporting consistent tenant demand. The property includes two structures totaling ~3,745 SF on a 0.11-acre lot, with a unit mix of (4) 1BD/1BA units and (1) 2BD/1BA single-family-style home, appealing to a broad renter base. Investors benefit from immediate value-add potential, with three vacant units allowing for renovation and lease-up at market rents. Additional income is generated from detached garages (~$7,800 annually), with upside potential. A rare opportunity exists to acquire two adjacent properties (326-328 and 330 Athol), enabling scale, operational efficiency, and long-term redevelopment or portfolio growth. With strong rental demand and limited supply, this offering combines in-place income, vacancy-driven upside, and strategic expansion potential in a prime Lake Merritt submarket.
MLS Listing Information
MLS #
ML82041534
MLS Source
MLSListings, Inc.
Days on Site
1
Interior Features
Appliances
Oven Range - Gas
Flooring
Carpet, Hardwood
Cooling
Other
Heating
Other, Wall Furnace
Exterior Features
Roof
Composition, Flat, Tar/Gravel
Foundation
Combination, Concrete Perimeter, Crawl Space, Brick
Parking, School, and Other Information
Garage/Parking
Detached, On Street, Garage: 4 Car(s)
Elementary District
Oakland Unified
High School District
Oakland Unified
Sewer
Private Sewer
Zoning
RM-2/S-13
Contact Information
Listing Agent
Tony Zizzo
Compass
License #: 01962093
Phone: (650) 770-8356
Co-Listing Agent
Ray Rodriguez
License #: 01999734
Phone: (650) 405-0743
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 2 | 5 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | – | 2 | 1/0 | $853 | $853 | 1 |
| 2 | – | 1 | 1/0 | $959 | $1,700 | 4 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
320-324 Athol Ave is a Residential Income in Oakland, CA 94606. This 3,745 square foot property sits on a 4,960 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,095,000 and was built in 1915. This address can also be written as 320-324 Athol Ave, Oakland, CA 94606.
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This listing information is up-to-date as of April 03, 2026. For the most current information, please contact Tony Zizzo, (650) 770-8356
