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.
MLS #
ML82028467
MLS Source
MLSListings, Inc.
Days on Site
4
Cooling
Central Forced Air
Heating
Central Forced Air, Forced Air
Roof
Composition
Foundation
Slab
Garage/Parking
Off-Street Parking, On Street, Garage: 0 Car(s)
Elementary District
Oakland Unified
High School District
Oakland Unified
Sewer
Other
Water
Other
Zoning
RM-2 S-13
Listing Agent
Mark Caloca
RE/MAX Accord
License #: 02146982
Phone: (669) 238-8878
Co-Listing Agent
John L Morra
CENTURY 21 Masters
License #: 01884598
Phone: (510) 257-4441
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 2 | 2 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | – | 2 | 1/0 | $2,400 |
| 2 | – | 3 | 0/0 | $2,800 |
1331 87th Ave is a Duplex in Oakland, CA 94621. This 2,647 square foot property sits on a 4,875 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,250,000 and was built in 1920. This address can also be written as 1331 87th Ave, Oakland, CA 94621.
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This listing information is up-to-date as of December 05, 2025. For the most current information, please contact Mark Caloca, (669) 238-8878