13-Unit Apartment
For Sale
$2,375,000
320-330 Athol AVE, Oakland, CA 94606
Three adjoining parcels combine vacant apartments, occupied units, and single-family homes in one Oakland portfolio.
Property Size9,165 SF
Lot Size0.28 Acres
Price / SF$259.14
Days on Market37
Property Features for 320-330 Athol AVE
General Information
Standard status
Active
Size
9,165 SF
Lot size
0.28 Acres
Property subtype
FiveOrMoreUnits
Site & Location
Neighborhood
San Antonio
Public Transit
Yes
Units
Unit Mix
4 x 1BR/1BA, 1 x 2BR/1BA, 1 x 3BR/1.5BA, 4 x junior 1BR/1BA, 1 x 1BR/1BA, 1 x 2BR loft
Multifamily Units
13
Tenancy & Operations
Currently Operating
Yes
Tenant in Place
Yes
Amenities
laundry area
fireplace
mature trees
private deck
Building Details
Building Size
9,165 SF
Year Built
1908
Listing Agency:
Guide Real Estate CA
Listed By:
Ceresto | CA DRE# 2134536 & 02162028
(408) 718-9267
Source:
Ceresto.eq1re
Added: Sep 22
Changed: Oct 26
Last Checked: Oct 26 at 3:22PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Guide Real Estate CA
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Investment Insights
Based on property information with market context.
This Oakland apartment portfolio spans three adjoining parcels totaling 0.28 acres and contains 13 units. The properties were built in 1908. At 320–324 Athol Avenue, a four-unit building is vacant, alongside a separate two-bedroom, one-bath home. The 326 Athol Avenue residence has three bedrooms, one and a half baths, hardwood floors, a fireplace, and a laundry area. At 330 Athol Avenue, the occupied units include four junior one-bedroom apartments, another one-bedroom apartment, a two-bedroom apartment with a private deck, and a detached two-bedroom loft with its own bath.
Metering differs by building: gas and electricity are separately metered at 320–324, while 330 is master-metered for utilities. The combined parcel area is 0.28 acres, and the properties are approximately 0.6 miles from Lake Merritt and 2.2 miles from Jack London Square. The portfolio is offered as a single sale.
Metering differs by building: gas and electricity are separately metered at 320–324, while 330 is master-metered for utilities. The combined parcel area is 0.28 acres, and the properties are approximately 0.6 miles from Lake Merritt and 2.2 miles from Jack London Square. The portfolio is offered as a single sale.
Key Highlights
- 13 units across three contiguous parcels totaling 0.28 acres
- Built in 1908
- Four‑unit building at 320–324 Athol Avenue is vacant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$180,061
Cap Rate
7.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,601,220
$3.6M
Cap Rate 7%
$2,572,300
$2.6M
Cap Rate 9%
$2,000,678
$2.0M
Market Conditions
NOI Build-Up for 9,165 SF
Gross rent
$346.4K $37.80/SF
− Vacancy
−$19.1K −$2.08/SF
EGI
$327.4K $35.72/SF
− OpEx
−$147.3K −$16.07/SF
NOI
$180.1K $19.65/SF
Area
ZIP 94606
Vacancy
5.50%
Lease Rate
$37.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,601,220
Cap Rate 7%
$2,572,300
Cap Rate 9%
$2,000,678
Alternative Uses
Best Use
Apartment 5plus
$2.57M
$2.25M – $3.00M
NOI $180,061 @ 7.0% cap · market cap 7.58%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.17M
$3.65M – $4.87M
NOI $292,248 @ 7.0% cap · market cap 12.31%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
13
Residential units
Location Intelligence
Trade Area within ½ mile
1,687
Businesses Nearby
Explore this area
Business Placement
Demographics for 94606, CA
40,768
Population
17,457
Households
2.3
Avg Household Size
37
Median Age
40%
College-Educated
80%
High-School Grad
2.3 sq mi
ZIP Area
17,725
Density / Sq Mi
$70,769
Median Household Income
$47,558
Median Earnings
$1,775
Median Rent
$747,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Three adjoining parcels combine vacant apartments, occupied units, and single-family homes in one Oakland portfolio.
Where is this apartment building located?
The property is located at 320-330 Athol AVE Oakland, CA.
What is the asking price?
The asking price for this property is $2,375,000.
What are key features of this property?
This property features: 13 units across three contiguous parcels totaling 0.28 acres; Built in 1908; Four‑unit building at 320–324 Athol Avenue is vacant
