1331 87th Avenue

Oakland , CA 94621

MLS#: ML82028467

$1,250,000

Status: Active
Listing number: ML82028467
Listing provided by: RE/MAX Accord
Listing agent phone: None
Last update: 14 days ago
On site: 25 days ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1920

Sq.Footage

2,647

Seize a premier asset acquisition opportunity in Oaklands appreciating market. This fully remodeled multi-family residence at 1331 87th Ave offers immediate positive cash flow and strong long-term equity potential. Both units have been extensively renovated, minimizing upfront costs for the new owner. The extra-large lot provides an estimated 2,100± sq. ft. of expansion potential, including the opportunity to add an ADU and likely a Junior ADUa valuable advantage as the City of Oakland continues to encourage additional housing. Buyers should verify development potential with the City of Oakland Planning Department. A spacious backyard and side driveway offer clear ADU-building potential, creating an additional income stream and boosting overall property value. Major upgradesincluding a new roof, new exterior, new interior finishes, and new appliancessignificantly reduce near-term maintenance expenses.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Heating YN

    YES

  • Heating

    Central, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    Off Street

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.1119

  • Property Type

    Residential Income

  • Property Sub Type

    Duplex

Price

  • Sales Price

    $1,250,000

  • Tax Amount

    21250.0

  • Sq. Footage

    2, 647

  • Price/SqFt

    $472

HOA

  • Association

    No

School District

  • Elementary School

    Other

  • Middle School

    Other

  • High School

    Other

Property Features

  • Stories

    2

  • Foundation Details

    Slab

  • Sewer

    Other

  • Water Source

    Other

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Location

County

Alameda

Elementary School

Other

Middle School

Other

High School

Other

Listing Courtesy of Mark Caloca , RE/MAX Accord

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Lina@theosrealty.com


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Seize a premier asset acquisition opportunity in Oaklands appreciating market. This fully remodeled multi-family residence at 1331 87th Ave offers immediate positive cash flow and strong long-term equity potential. Both units have been extensively renovated, minimizing upfront costs for the new owner. The extra-large lot provides an estimated 2,100± sq. ft. of expansion potential, including the opportunity to add an ADU and likely a Junior ADUa valuable advantage as the City of Oakland continues to encourage additional housing. Buyers should verify development potential with the City of Oakland Planning Department. A spacious backyard and side driveway offer clear ADU-building potential, creating an additional income stream and boosting overall property value. Major upgradesincluding a new roof, new exterior, new interior finishes, and new appliancessignificantly reduce near-term maintenance expenses.

1331 87th Avenue

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