160 Athol Avenue
160 Athol Avenue
$1,378,000
—
5,205
5,205
$265
Sold 9/22/23
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Description
Location. Location. Location. Situated half a block from prestigious Lake Merritt, shopping, and public transportation in Oakland's Cleveland Heights neighborhood. Pride of ownership 5 unit apartment complex consisting of two structures- a 4-unit building at the front, and a house above the garage in the rear. There are (3) spacious 1-bed/1-bath, (1) large 2-bed/1-bath, and (1) 3-bed/1-bath units. Significant income upside. Cap rate: 5.44% (current) / 7.90% (proforma). GRM: 12.44 (current) / 9.23...Location. Location. Location. Situated half a block from prestigious Lake Merritt, shopping, and public transportation in Oakland's Cleveland Heights neighborhood. Pride of ownership 5 unit apartment complex consisting of two structures- a 4-unit building at the front, and a house above the garage in the rear. There are (3) spacious 1-bed/1-bath, (1) large 2-bed/1-bath, and (1) 3-bed/1-bath units. Significant income upside. Cap rate: 5.44% (current) / 7.90% (proforma). GRM: 12.44 (current) / 9.23 (proforma). Walking distance to Downtown Oakland, BART, multiple parks, and the Grand Lake neighborhood. Convenient access to HWY 580 and 880. Oakland has consistently had among the nation's highest rent growth and lowest vacancy rates. The rent growth, low vacancy, shortage of housing units, and proximity to large Bay Area employers make 160 Athol Avenue a compelling opportunity for both the cash flow and appreciation minded investor. Offering memorandum available.
Property Details for 160 Athol Avenue
MLS City Name
OAKLAND
Building TypeOther
StyleCottage
Garage Spaces2
Parking Spaces0
ViewDowntown
Cross StreetLakeshore Drive.
Location
LISTING UPDATED: 09/26/2023 09:37 AM
Property Details for 160 Athol Avenue
Status | Sold |
---|---|
MLS # | ML81931205 |
Days on Compass | 102 |
Taxes | $24,582 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | 5+ Units / Five or More Units |
Year Built | 1923 |
Lot Size | 0.10 AC / 4,200 SF |
County | Alameda County |
Location
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Building Information for 160 Athol Avenue
Stories-Residences-Year Built1923Building Size-Lot Size0.10 AC / 4,200 SF
Payment Calculator
$9,569 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 160 Athol Avenue
Property History for 160 Athol Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 160 Athol Avenue
Taxable ValueLand$765,541Additions$1,092,536Total$1,858,077
Tax Record2023$30,022 ($2,502 / month)
Home Facts
Total Finished SqFt5,205 SqFtAbove Grade Finished SqFt5,205 SqFtStories2Lot Size4,200 SqFtStyleMulti-Family Res (5+ Units)Year Built1923CountyALAMEDAAPN21-224-25-5
Schools near 160 Athol Avenue
This home is within Oakland Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 8 |
Rating | School | Distance |
---|---|---|
Cleveland Elementary School PublicK to 5 | ||
Edna Brewer Middle School Public6 to 8 | ||
Oakland High School Public9 to 12 | ||
ASCEND School CharterK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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