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226 Athol Avenue

Oakland, CA 94606

$5,995,000

  • 16 - 30 Units
  • Active
  • 13,848 SqFt
  • MLS# 502689

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$400,000 PRICE REDUCTION: 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.

Location

Cross Street:

Wayne

City:

Oakland

County:

Alameda

Housing Units & Financial Information

Interior Features

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Listing Agent:

Christopher Smith

Listing Brokerage:

Shamrock Real Estate Company

© 2020 San Francisco Association of Realtors. All rights reserved. Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which 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 consumers interested in purchasing. Listing Broker has attempted to offer accurate data, but buyers are advised to confirm all data provided. This information, including square footage, while not guaranteed, has been acquired from sources believed to be reliable.

This data is up-to-date as of 10/23/20. For the most current information, contact
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