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330 Athol Ave
Oakland, CA 94606
Immeuble residentiel Propriété À vendre
·
6 Unités
Certaines informations ont été traduites automatiquement.
Faits saillants de l'investissement
- 6-unit property (~3,558 SF) with a mix of (4) junior 1 Bed 1 Bath, (1) 1 Bed 1 Bath and (1) 2 Bed 1 Bath units.
- Property can be purchased along with 320-324 Athol Ave and 326-328 Athol Ave or separately.
- Prime Cleveland Heights location near Lake Merritt and Jack London Square with strong tenant demand and access to dining, and waterfront amenities.
Résumé de l'annonce
330 Athol Avenue presents a well-balanced multifamily investment opportunity in Oakland’s highly desirable Cleveland Heights neighborhood, offering a diverse unit mix and strong in-place income potential in a supply-constrained rental market. Located just 0.6 miles from Lake Merritt and approximately 2.2 miles from Jack London Square, the property benefits from immediate access to premier dining, retail, and waterfront amenities, while maintaining a neighborhood feel that continues to attract consistent tenant demand.
The property consists of six units totaling approximately 3,550 square feet situated on a 0.09-acre lot. The unit mix includes four one junior-bedroom/one bathroom units, one one-bedroom/one-bathroom unit, and one two-bedroom/one-bathroom unit. This diverse configuration allows an investor to capture demand across multiple renter profiles, from entry-level tenants seeking affordability to those desiring larger living spaces. The two-bedroom unit is further enhanced by a private deck, offering an attractive amenity that can command premium rents and increase tenant retention.
All units are currently occupied, providing immediate, stable in-place cash flow for a new owner. The strong studio concentration supports consistent occupancy and operational efficiency, while the inclusion of larger units helps balance the rent roll and create additional long-term upside potential through strategic rent increases and interior upgrades.
As part of a rare contiguous assemblage opportunity with the neighboring properties at 320–322 Athol Avenue and 326–328 Athol Avenue, 330 Athol Avenue offers investors the ability to scale within a prime Oakland submarket. This positioning enhances long-term value through potential portfolio consolidation, improved management efficiencies, and future redevelopment considerations.
Supported by strong rental fundamentals, a highly desirable location, and a versatile unit mix, 330 Athol Avenue represents an attractive opportunity for investors seeking a combination of stability, upside, and long-term growth in one of Oakland’s most established residential neighborhoods.
The property consists of six units totaling approximately 3,550 square feet situated on a 0.09-acre lot. The unit mix includes four one junior-bedroom/one bathroom units, one one-bedroom/one-bathroom unit, and one two-bedroom/one-bathroom unit. This diverse configuration allows an investor to capture demand across multiple renter profiles, from entry-level tenants seeking affordability to those desiring larger living spaces. The two-bedroom unit is further enhanced by a private deck, offering an attractive amenity that can command premium rents and increase tenant retention.
All units are currently occupied, providing immediate, stable in-place cash flow for a new owner. The strong studio concentration supports consistent occupancy and operational efficiency, while the inclusion of larger units helps balance the rent roll and create additional long-term upside potential through strategic rent increases and interior upgrades.
As part of a rare contiguous assemblage opportunity with the neighboring properties at 320–322 Athol Avenue and 326–328 Athol Avenue, 330 Athol Avenue offers investors the ability to scale within a prime Oakland submarket. This positioning enhances long-term value through potential portfolio consolidation, improved management efficiencies, and future redevelopment considerations.
Supported by strong rental fundamentals, a highly desirable location, and a versatile unit mix, 330 Athol Avenue represents an attractive opportunity for investors seeking a combination of stability, upside, and long-term growth in one of Oakland’s most established residential neighborhoods.
Faits sur la propriété
| Prix par unité | 231 255 $ CAD | Style d’appartement | De faible hauteur |
| Type de vente | Investissement | Classe d’immeuble | C |
| Taux de capitalisation | 3,97% | Taille du lot | 0,09 AC |
| Multiplicateur du loyer brut | 11.11 | Taille du bâtiment | 3 588 pi² |
| Nombre d’unités | 6 | Occupation moyenne | 100% |
| Type de propriété | Immeuble residentiel | Nombre d’étages | 2 |
| Sous-type de propriété | Appartement | Année de construction | 1908 |
| Zonage | RM-2/S-13 | ||
| Prix par unité | 231 255 $ CAD |
| Type de vente | Investissement |
| Taux de capitalisation | 3,97% |
| Multiplicateur du loyer brut | 11.11 |
| Nombre d’unités | 6 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | C |
| Taille du lot | 0,09 AC |
| Taille du bâtiment | 3 588 pi² |
| Occupation moyenne | 100% |
| Nombre d’étages | 2 |
| Année de construction | 1908 |
| Zonage | RM-2/S-13 |
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| 2+1 | 1 | 1 383 $ CAD | - |
| 1+1 | 5 | 1 689 $ CAD | - |
Impôts fonciers
| Numéro de lot | 022-0306-019-00 | Évaluation des bâtiments | 821 202 $ CAD |
| Évaluation du terrain | 351 944 $ CAD | Évaluation totale | 1 173 145 $ CAD |
Impôts fonciers
Numéro de lot
022-0306-019-00
Évaluation du terrain
351 944 $ CAD
Évaluation des bâtiments
821 202 $ CAD
Évaluation totale
1 173 145 $ CAD
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