Millman Team Real Estate

$1,250,000
2,647 Sqft
0.11 Acre Lot

1331 87th Avenue, Oakland, California 94621

  • Residential Income Property Type
  • 2,647 Sqft Square Footage
  • Uncovered Cars Garage
  • 1920 Year Built
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.

Basic Details
Residential Income
For Sale
ML82028467
$1,250,000
2,647 Sqft
1920
0.11 Acre
Active
Duplex
: Composition
Features
: Central, Forced Air
: Central Air
: Uncovered, Off Street
: Other
$0
Address Map
CA
Alameda
Oakland
94621
87th
1331
Avenue
RM-2 S-13
Neighborhood
Other
Other
Other
Other
Additional Information
$0
$0
$0
$0
$0
: Parking, Other
2647
: Slab
2025-12-01
2
: Other
Broker/Agent Information
RE/MAX Accord
Mark Caloca
Financial
21250.0
Listing Information
John L. Morra
ML316268
ML308753
CENTURY 21 Masters
ML5105344
ML89093
FHA,VA Loan
Active
2025-12-11T04:36:12Z
CRMLS
: Standard
2025-11-30T21:58:03Z
Agent info
Ray Millman
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