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.
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Listing Snapshot
Price
$1,250,000
Days On Site
2 Days
Bedrooms
N/A
Inside Area (SqFt)
2,647 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.1119 Acres
Year Built
1920
MLS® Number
ML82028467
Status
Active
Property Tax
$21,250
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
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Recent Activity
yesterday
Listing updated with changes from the MLS®
2 days ago
Listing first seen on site
General Features
Acres
0.1119
Foundation
Slab
Number Of Stories
2
Parking
Off Street
Parking Spaces
5
Property Sub Type
Duplex
Sewer
Other
Special Circumstances
Standard
SqFt Total
2647
Water Source
Other
Zoning
RM-2 S-13
Interior Features
Cooling
Central Air
Heating
CentralForced Air
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Exterior Features
Roof
Composition
Community Features
Financing Terms Available
FHAVA Loan
School District
Other
Schools
School District
Other
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
With a track record exceeding $500 Million in real estate transactions, the Team Lloyd & Associates dedicates itself to delivering a personalized real estate journey for every client.
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