10 days on rocket

263 Athol Ave, Oakland, CA, 94606

$1,078,000

Home List Price

$10,000*

Closing Credit

15 Bedrooms
0 Baths
6,810 SqFt
$158/SqFt
Multi
Schools Nearby

Location

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263 Athol Ave, Oakland$1,078,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingAttached, Covered
Attached GarageYes
CoolingNone
MLS #424026999
Lot Size0.14 Acres
StatusActive

About 263 Athol Ave

This rare Lake Merrit 8-Unit Art Deco apartment building, steps from Lake Merrit and Grand Lake shopping and dining, could be the perfect investment with upside for savvy buyers. 263 Athol, which consists of two 2BD/1BAs, three 1BD/1BA, and three Studio apartments, will be delivered fully rented at close. Per the public tax records, the property, which is located in the popular Cleveland Heights neighborhood in the hills above Lake Merritt, measures 6,810 Sq Ft on the interior, and is located on a 6,250 Sq Ft lot with an attractive rear yard for tenant enjoyment. Held by long-term family owners for many years, the building has a current gross annual income in the $132,000 range with a 6.5% CAP rate and significant possible upside for the next owners. Located in a wonderful Lake Merritt location with easy access to Grand Lake shopping, Farmers Market, Trader Joe's, Grand Lake Theater, excellent restaurants, cafes, and public transit and freeway access, 263 Athol Ave should provide an attractive tenant offering for years to come. Don't miss the opportunity to add this unique opportunity to your investment portfolio!

Property Details

Property Features

Property Information:

  • Architectural Style: Art Deco
  • Stories: 3
  • Living Area: 6,810 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway-Franciscan
  • Office Phone: (415) 664-9400
  • Listing Agent: Andrew de Vries

Interior Features

Interior Information:

  • Flooring Type: Carpet, Wood

Bedroom and Bathroom Information:

  • Total Bedroom Count: 15

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Yard Space

Parking Information:

  • Attached Garage: Yes
  • Parking: Attached, Covered

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Cooling: None

School Info

Assigned Schools Information:

  • Oakland High School, Public District Grades 9-12
  • Edna Brewer Middle School, Public District Grades 6-8
  • Cleveland Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Take Newton to Athol

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,078,000
  • Price Per SqFt: $158/SqFt

Tax Information:

  • Annual Amount: $10,029
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Oakland, CA.

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Oakland, CA

City

Med. Sold Price

$871K

Med. Price/SqFt

$608

Avg. Days On Market

26

# of Sold Homes

211

263 Athol Ave vs Oakland

10 DAYS ON ROCKET

-16 Days

$1,078,000

+$206.9K More

$158/SqFt

-$450 Less

KEY TAKEAWAY

This property is $206.9K more than the Median Sold Price and $450/SqFt less than other homes in Oakland, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: San Francisco Association of REALTORS®
  • MLS Number: #424026999

Listing Office:

  • Office Name: Berkshire Hathaway-Franciscan
  • Office Phone: (415) 664-9400
  • Listing Agent: Andrew de Vries

IDXListings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS©, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Broker has attempted to offer accurate data, but buyers are advised to confirm all data provided. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
© 2024 San Francisco Association of Realtors. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/7/2024, 6:20:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$10,029$407,025
2020$10,028$402,852
2019$8,797$394,954
2018$8,166$387,210
2017$8,166$379,620

History based on county public records data.

Payment Calculator

$5,448

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,298

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-7337960
7
/10

  • Cleveland Elementary School

  • 745 Cleveland St

  • 0.36 miles

  • Public District Grades KG-5

Middle School

school-card-donut-7337961
7
/10

  • Edna Brewer Middle School

  • 3748 13th Ave

  • 1.13 miles

  • Public District Grades 6-8

High School

school-card-donut-7337962
4
/10

  • Oakland High School

  • 1023 Macarthur Blvd

  • 0.73 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $61,736. The majority of Oakland, CA residents have income between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Alameda County›Oakland›94606›263 Athol Ave

This home is located at 263 Athol Ave in Oakland, CA and zip code 94606 in the Cleveland Heights neighborhood. This 6,810 square foot home sits on a 0.14 acre lot. Features: 15 bedrooms. It has been listed on Rocket Homes since April 26, 2024 and is currently priced at $1,078,000.

Oakland, CA housing market in April 2024 saw over 143 listings sold above listed price, more than 22 sold at listed price and over 30 sold below. The number of homes for sale in Oakland, CA increased by 22.9% between March 2024 and April 2024. In April 2024, listings were on the market for 26 days. During the same period, the median list price in this real estate market was $871,010.

From Rocket Homes Real Estate and based on county public records data.

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