1331 87th Ave

Oakland, CA 94621
  • $1,187,500

    Price
  • 5

    Bed
  • 0

    Bath
  • 2,647

    SqFt

About the Listing ML79768 - ML5107590,ML316268

Seize a premier asset acquisition opportunity in Oaklands appreciating market. This fully remodeled multi-family residence at 1331 87th Ave offers 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 ADU a valuable advantage as the City of Oakland continues to encourage additional housing. Buyers should verify development potential with the City of Oakland Planning Department. Value-add spacious backyard and side driveway offer clear ADU-building potential, creating an additional income stream and boosting overall property value. Major upgrades including a new roof, new exterior, new interior finishes, and new appliances significantly reduce near-term maintenance expenses.

Listing Highlights

Status Active
Days on Site 62
Property Type Multi-Family
MLS ® ML82028467
Year Built 1920
Total Square Footage 2,647
Lot/Acreage 0.11
County Alameda
School District Other

Interior Details

  • Bedrooms: 5
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond: Central Air
  • Heating: Central,Forced Air
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Other

Exterior Details

  • Lot Description: No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 5
  • Zoning: RM-2 S-13
  • Roof: Composition
  • Others:
  • Sewer: Other
  • Parking Features: Off Street,Uncovered

Financial Details

  • Tax Amount: $18,556
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 0424252013
  • Tax Year: N/A

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1331 87th Ave Oakland, CA 94621

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Originating MLS: CRMLS

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