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

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Tracy Thrower Conyers

team@homesforsalebeachcities.com +1(424) 229-1634

$1,250,000

Est. payment - /mo

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

HOA Y/N No

Year Built 1920

Annual Tax Amount $21,250

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

Cooling Central Air

Fireplace No

Exterior

Parking Features Off Street, Uncovered

View Y/N No

Roof Type Composition

Accessibility Other, Parking

Total Parking Spaces 5

Building

Story 2

Foundation Slab

Sewer Other

Water Other

Schools

Elementary Schools Other

Middle Schools Other

High Schools Other

School District Other

Others

Tax ID 0424252013

Acceptable Financing FHA, VA Loan

Listing Terms FHA, VA Loan

Special Listing Condition Standard

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Listed by Mark Caloca RE/MAX Accord

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Tracy Thrower Conyers

+1(424) 229-1634

Broker Associate, JD | License ID: 01712960

Broker Associate, JD License ID: 01712960

1331 87th AVE Oakland, CA 94621

Tracy Thrower Conyers

Key Details

Location

Interior

Exterior

Building

Schools

Others