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Listed by Mark Caloca • RE/MAX Accord
$ 1,250,000
Est. payment /mo
New
1331 87th AVE Oakland, CA 94621
5 Beds
1 Bath
2,647 SqFt
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 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, 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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