Duplex with Detached Rear
326 Athol Ave Oakland, CA 94606
326 Athol Ave, Oakland, CA, 94606
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For Sale
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Front residence offers three bedrooms and 1.5 baths; rear detached loft-style unit has two bedrooms and one bath.
Property Size1,832 SF
Price / SF$354.80
Days on Market104
Property Features for 326 Athol Ave
General Information
- Standard status
- Active
- Size
- 1,832 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1906
Listing agency
Compass Commercial Real Estate
(415) 345-3000
Listed by
Tony Zizzo · License #CA#01962093
Source
Crexi
Added: Apr 9 Updated: Jul 20 at 9:34PM Checked: Jul 20 at 9:34PM
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 Compass Commercial Real Estate
Investment Insights
Based on property information with market context.
326–328 Athol Avenue is a duplex with two separate structures in Oakland’s Cleveland Heights neighborhood. The front residence is single-family in feel and features three bedrooms and one-and-a-half bathrooms. At the rear of the property, there is a detached two-bedroom, one-bathroom loft-style unit, creating distinct living spaces within the same investment.
The property is located approximately 0.6 miles from Lake Merritt and about 2.2 miles from Jack London Square. The tandem unit configuration can support different occupancy and leasing approaches, with the front and rear homes functioning independently.
In addition, 326–328 Athol Avenue is part of a larger contiguous assemblage opportunity with neighboring properties at 320–322 Athol Avenue and 330 Athol Avenue, allowing for scaling within the same submarket.
The property is located approximately 0.6 miles from Lake Merritt and about 2.2 miles from Jack London Square. The tandem unit configuration can support different occupancy and leasing approaches, with the front and rear homes functioning independently.
In addition, 326–328 Athol Avenue is part of a larger contiguous assemblage opportunity with neighboring properties at 320–322 Athol Avenue and 330 Athol Avenue, allowing for scaling within the same submarket.
Key Highlights
- Duplex at 326–328 Athol Avenue with two separate structures in Oakland’s Cleveland Heights neighborhood.
- Front residence built in 1906 with 3 bedrooms and 1.5 bathrooms.
- Front unit offers more than 1,500 sq ft of living space.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $59.4k | $32.40 |
| − Vacancy | −$3.1k | −$1.69 |
| EGI | $56.3k | $30.71 |
| − OpEx | −$16.9k | −$9.21 |
| NOI | $39.4k | $21.50 |
1,832 SF · lease $32.40/SF/yr · vacancy 5.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$562.6K
$492.3K – $656.4K
NOI $39,381 @ 7.0% cap · market cap 6.06%
Second Best
Apartment 5plus
$514.2K
$449.9K – $599.9K
NOI $35,992 @ 7.0% cap · market cap 5.54%
Theoretical Best
Office A
$834.5K
$730.2K – $973.6K
NOI $58,418 @ 7.0% cap · market cap 8.99%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Front residence offers three bedrooms and 1.5 baths; rear detached loft-style unit has two bedrooms and one bath.
Where is this duplex located?
The property is located at 326 Athol Ave Oakland, CA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Duplex at 326–328 Athol Avenue with two separate structures in Oakland’s Cleveland Heights neighborhood.; Front residence built in 1906 with 3 bedrooms and 1.5 bathrooms.; Front unit offers more than 1,500 sq ft of living space.
