$1,250,000

1331 87th Avenue, Oakland, CA 94621

  • 5 beds
  • 2,647 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon4,792sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $472/sqft
  • Property List Date Icon Listed 7 days ago

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.

Listing Status:
Active
Date Added:
December 1, 2025 at 06:00AM
Listing Office:
RE/MAX Accord : 510-739-4000
Listing Agent:
Mark Caloca : 669-238-8878
MLS ID:
ML82028467
  • Heating: Forced Air
  • School District: Oakland (510) 879-8111
  • County: Alameda
  • Zoning: RM-20424252013

This listing courtesy of Mark Caloca, RE/MAX Accord

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  â€ 
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

N

New Highland Academy

8521 A St, Oakland, CA, 94621

Grades KG-5

0.10 miles away

E

Elmhurst Community Prep

1800 98th Ave, Oakland, CA, 94603

Grades 6-8

0.72 miles away

C

Castlemont High School

8601 MacArthur Blvd, Oakland, CA, 94605

Grades 9-12

0.90 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.