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    226 Athol Avenue

    Oakland, CA 94606
    • $5,695,000
    • STATUS: Active
    • ON SITE: 11 days
    • MLS #: 421520588
    UPDATED: 29 min ago
    $5,695,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 13,848
      SQFT
    • $411
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1924
    County:

    School Ratings & Info

    Description

    The Athol Lake Apartments is a 24-unit building located in the Cleveland Heights neighborhood of Oakland just off of Lake Merritt. Constructed in 1924, the property maintains many period details and much of its original charm, including a formal lobby and wide hallways. There was a new roof installed in 2019 along with the addition of 2 skylights which generate significant natural light for the top floor. The unit mix consists of 23 studios w/ eat-in kitchens and 1 2b/1ba unit. There is a large basement with a laundry room and several storage areas that are for landlord use and per the City of Oakland Accessory Dwelling Unit Program a new owner could currently build 6, large ADUs. Located on the Eastern edge of Lake Merritt, Cleveland Heights also referred to as China Hill offers tenants a quiet neighborhood in close proximity to many amenities, a short walk to Lake Merritt and 1 mile from Lake Merritt BART. Tenants are close to both the 580 and 880 freeways.

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    © 2021 San Francisco Association of REALTORS® Multiple Listing Service. All rights reserved. Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS®, but is not warranted. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams San Francisco. Data last updated 2021-03-01T10:19:53.013.
    www.sfhothomes.com/homes/114312241
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    226 Athol Avenue Oakland, CA 94606

    • Price: $5,695,000
    • Status: Active
    • Updated: 29 min ago
    • MLS #: 421520588
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    13,848
    SQFT
    $411
    $/SQFT
    1924
    Built
    Neighborhood:
    Oakland Zip 94606
    County:
    Alameda
    Area:
    Oakland Zip 94606
    Property Description
    The Athol Lake Apartments is a 24-unit building located in the Cleveland Heights neighborhood of Oakland just off of Lake Merritt. Constructed in 1924, the property maintains many period details and much of its original charm, including a formal lobby and wide hallways. There was a new roof installed in 2019 along with the addition of 2 skylights which generate significant natural light for the top floor. The unit mix consists of 23 studios w/ eat-in kitchens and 1 2b/1ba unit. There is a large basement with a laundry room and several storage areas that are for landlord use and per the City of Oakland Accessory Dwelling Unit Program a new owner could currently build 6, large ADUs. Located on the Eastern edge of Lake Merritt, Cleveland Heights also referred to as China Hill offers tenants a quiet neighborhood in close proximity to many amenities, a short walk to Lake Merritt and 1 mile from Lake Merritt BART. Tenants are close to both the 580 and 880 freeways.
    Exterior Features

    Foundation Details Concreteperimeter Independent Parking Spaces 0 Lot Features Shape Regular Parking Features Off StreetUncovered Parking Total 4 Roof Composition Tandem Parking Spaces 4

    Interior Features

    Basement Storage AreaUnfinished Flooring CarpetWood Heating Steam Interior Features Skylight(S) Laundry Features Coin OperatedIn Common AreaWasher/Dryer Owned Rooms Total 50 Unit1 Approx Sq Ft 0 Unit1 Bedrooms 0 Unit1 Full Baths 0 Unit1 Partial Baths 0 Unit1of Rooms 0 Unit2 Approx Sq Ft 0 Unit2 Bedrooms 0 Unit2 Full Baths 0 Unit2 Partial Baths 0 Unit2of Rooms 0 Unit3 Approx Sq Ft 0 Unit3 Bedrooms 0 Unit3 Full Baths 0 Unit3 Partial Baths 0 Unit3of Rooms 0 Unit4 Approx Sq Ft 0 Unit4 Bedrooms 0 Unit4 Full Baths 0 Unit4 Partial Baths 0 Unit4of Rooms 0

    Property Features

    Cap Rate 4.16 Listing Terms _1031Exchange Number Of Units Vacant 1 Property Sub Type 5 Or More Units Security Features Carbon Mon DetectorDouble Strapped Water HeaterFire AlarmFire Extinguisher Separate Meters Common Area MeterElectricity Special Listing Conditions None Subtype Description ApartmentsSec Building Unit Type Commercial Units Total 0 Unit Type Studio Units Total 23 Unit Type1 Bedroom Units Total 0 Unit Type2 Bedroom Units Total 1 Unit Type3 Bedroom Units Total 0 Unit Type4 Bedroom Units Total 0 Unit1 Rent 0 Unit2 Rent 0 Unit2 Rent1 0 Unit4 Rent 0

    Listing provided courtesy of Christopher Smith of Shamrock Real Estate Company.


    © 2021 San Francisco Association of REALTORS® Multiple Listing Service. All rights reserved. Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS®, but is not warranted. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams San Francisco. Data last updated 2021-03-01T10:19:53.013.
     
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