Description

Please Do Not Disturb Tenants. 330 Athol Avenue presents a compelling 7-unit multifamily investment opportunity in Oakland's desirable Cleveland Heights neighborhood, just 0.6 miles from Lake Merritt and 2.2 miles from Jack London Square, offering strong tenant demand and access to premier amenities. The property consists of approximately 3,550 square feet on a 0.09-acre lot. The main building includes six units: four junior one-bedroom/one-bath units, one one-bedroom/one-bath unit, and one two-bedroom/one-bath unit with a private deck. Additionally, a detached rear unit (Unit 328) features a two-bedroom loft layout with one bathroom, providing added privacy and premium rental potential. All units are currently occupied, delivering immediate in-place cash flow. The unit mix supports stable occupancy while offering upside through rent increases and interior improvements. The property is also part of a rare assemblage opportunity with neighboring properties at 320-324 and 326 Athol Avenue, creating potential for scale, operational efficiencies, and long-term value growth in a supply-constrained Oakland submarket.