CA > Oakland
Oakland, CA 94621,1331 87th AVE
Oakland, CA 94621,1331 87th AVE
Oakland, CA 94621,1331 87th AVE
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Steven Gary

Steven Gary

+1(408) 644-3287
Listed by Mark Caloca • RE/MAX Accord
$1,250,000
Est. payment /mo
5 Beds
1 Bath
2,647 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,647 sqft

Price per Sqft $472

MLS Listing ID ML82028467

Bedrooms 5

Full Baths 1

Year Built 1920

Lot Size 4,875 Sqft

Property Sub-Type Duplex

Property Description

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.

Location

State CA

County Alameda

Zoning RM-2 S-13

Interior

Heating Central Forced Air, Forced Air

Cooling Central AC

Exterior

Parking Features Off-Street Parking, On Street, Uncovered Parking

Utilities Available Public Utilities

Roof Type Composition

Building

Story 2

Foundation Concrete Slab

Sewer Other

Water Other

Level or Stories 2

Others

Tax ID 042-4252-013

Security Features None

Horse Property No

Special Listing Condition Not Applicable

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Steven Gary

Steven Gary

+1(408) 644-3287

Realtor | License ID: 01895061

Realtor License ID: 01895061

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1331 87th AVE

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