Homes for sale - 1331 87th AVE, Oakland, CA 94621

Additional details

JLee Broker

[email protected] +1(650) 857-1000

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

Source MLSListings, Inc.

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

Garage Spaces 5.0

Utilities Available Public Utilities

Roof Type Composition

Building

Foundation Concrete Slab

Sewer Other

Water Other

Others

Tax ID 042-4252-013

Special Listing Condition Not Applicable

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JLee Broker

+1(650) 857-1000

Broker | License ID: 00851314

Broker License ID: 00851314

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1331 87th AVE Oakland, CA 94621

JLee Broker

Key Details

Location

Interior

Exterior

Building

Others

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