1331 87th Avenue
1331 87th Avenue
1331 87th Avenue
1331 87th Avenue
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1331 87th Avenue
1331 87th Avenue
1331 87th Avenue
1331 87th Avenue
For Sale

1331 87th Avenue

1331 87th Avenue, OAKLAND, CA 94621

$1,250,000
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.

Studio

2,647 Sq.Ft. LIVING AREA

4,874.36 Sq.Ft. lot

Features & Amenities

Area & Lot

  • Status For Sale
  • Living Area2,647 Sq.Ft.
  • Total Area2,647 Sq.Ft.
  • Lot Area4,874.36 Sq.Ft.
  • MLS® IDML82028467
  • TypeMulti-Family
  • YEAR BUILT1920
  • NeighborhoodOakland
  • Elementary SchoolACORN Woodland Elementary
  • Middle SchoolElmhurst Community Prep
  • High SchoolColiseum College Prep Academy
  • School DistrictOakland Unified

Exterior

  • STORIES2
  • PoolNone
  • roofComposition
  • parkingOff Street, On Street
  • HEAT TYPECentral, Forced Air
  • AIR CONDITIONINGCentral Air
  • sewerOther
  • SubstructureSlab

Financial

  • Sales Price$1,250,000
  • Real Estate Tax $18,556/yr
  • Zoning RM-2 S-13

Oakland

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