263 Athol Avenue
Oakland, CA 94606
- 15 beds
- – baths
- 6,810 sqft
- 6,250 sqft lot
- $176 per sqft
- – on site
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This rare Lake Merrit 8-Unit Art Deco apartment building, steps from Lake Merrit and Grand Lake shopping and dining, could be the perfect investment with upside for savvy buyers. 263 Athol, which consists of two 2BD/1BAs, three 1BD/1BA, and three Studio apartments, will be delivered fully rented at close. Per the public tax records, the property, which is located in the popular Cleveland Heights neighborhood in the hills above Lake Merritt, measures 6,810 Sq Ft on the interior, and is located on a 6,250 Sq Ft lot with an attractive rear yard for tenant enjoyment. Held by long-term family owners for many years, the building has a current gross annual income in the $132,000 range with a 6.5% CAP rate and significant possible upside for the next owners. Located in a wonderful Lake Merritt location with easy access to Grand Lake shopping, Farmers Market, Trader Joe's, Grand Lake Theater, excellent restaurants, cafes, and public transit and freeway access, 263 Athol Ave should provide an attractive tenant offering for years to come. Don't miss the opportunity to add this unique opportunity to your investment portfolio!
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Last updated Mar 10, 2025
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MLS# 424026999 —
The Building
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Year Built Source:Assessor Auto-Fill
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Construction Materials:Wood
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Architectural Style:Art Deco
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Levels:Three Or More
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Stories:3
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Roof:Asphalt
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Foundation Details:Concrete Perimeter
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Exterior Features:Yard Space
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Building Area Total:6810
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Building Area Units:Square Feet
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Building Area Source:Assessor Auto-Fill
Interior
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Flooring:Carpet
Room Dimensions
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Living Area:6810
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Living Area Units:Square Feet
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Living Area Source:Assessor Auto-Fill
Location
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Directions:Take Newton to Athol
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Cross Street:Newton
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Latitude:37.8013584
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Longitude:-122.24968
The Property
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Parcel Number:0210228011
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Property Type:Residential Income
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Property Subtype:Multi Family
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Lot Features:Shape Regular
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Lot Size Area:6250.86
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Lot Size Acres:0.1435
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Lot Size Square Feet:6250.86
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Lot Size Units:Square Feet
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Irrigation Water Rights:false
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Elevation Units:Feet
Listing Agent
- Contact info:
- No listing contact info available
Beds
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Total Bedrooms:15
The Listing
Heating & Cooling
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Cooling:false
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Cooling:None
Utilities
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Gas:Separate Meter
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Electric:Separate Meter
Schools
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Elementary School District:Alameda
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Middle Or Junior School District:Alameda
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High School District:Alameda
The Community
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Association:false
Parking
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Garage:true
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Attached Garage:true
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Carport:false
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Parking Total:4
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Parking Features:Attached
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Covered Spaces:4
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Open Parking:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
7/15/24
Jul 15, 2024
|
Sold | SFMLS | $1,200,000 |
