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.… Read More 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. Read Less
Courtesy of RE/MAX Accord, Mark Caloca 669-238-8878
Listing Snapshot
Days Online
7
Last Updated
Property Type
Duplex
Square Ft.
2,647
Lot Size
0.11 Acres
Year Built
1920
MLS Number
ML82028467
30 Days Snapshot Of 94621
$418k
0%
(avg) sold price
71
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 4875.00, Max Area Units: Square Feet
Unit One
2 bedrooms in unit 1, Unit 1 rent: $2,400
Unit Two
3 bedrooms in unit 2, Unit 2 rent: $2,800
Accessibility Features
Parking, Other
Building
Built in 1920, 2 building units, 1 building, 2,647 structure square feet
Roof
Composition
Utilities
Public Utilities
Sewer
Other
Security Features
None
Heating
Central Forced Air, Forced Air
Cooling
Central AC
Foundation
Concrete Slab
Water Features
Other
Parking
5 parking spaces
Miscellaneous
Vacancy factor: 0
Tenant Pays
Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than the office represented by this website are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. The broker providing this data believes the data to be correct, but advises interested parties to confirm all information before relying on it for a purchase decision. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings last updated on .
Confirm your time
Fill in your details and we will contact you to confirm a time.
Chris Mogensen
or message me directly
Find My Dream Home
Put an experts eye on your home search! You’ll receive personalized matches of results delivered direct to you.
Import This Listing
Import Completed
To view your listing, click one of the options below.