4
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$1,250,000
Est. payment /mo
2,647 SqFt
New
1331 87th AVE Oakland, CA 94621
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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 the appreciating Oakland market. This fully remodeled, multi-family residence at 1331 87th Ave offers immediate positive cash flow and significant long-term equity growth potential. Both units have been completely remodeled, ensuring minimal initial capital expenditure for the new owner. The substantial backyard and side driveway offer a clear opportunity for the development of an Accessory Dwelling Unit (ADU), a proven strategy to increase property value and generate additional rental income. The asset boasts a new exterior, new interior finishes, a new roof, and new appliances, significantly reducing near-term maintenance liabilities and enhancing the depreciable asset base.
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
School District Other
Others
Tax ID 0424252013
Acceptable Financing FHA, VA Loan
Listing Terms FHA, VA Loan
Special Listing Condition Standard
Listed by Mark Caloca RE/MAX Accord
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