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1331 87th Avenue, Oakland, CA 94621
Priced at Only: $1,187,500
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Address: 1331 87th Avenue, Oakland, CA 94621
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  • MLS#: ML82028467 ( Duplex )
  • Street Address: 1331 87th Avenue
  • Viewed: 1
  • Price: $1,187,500
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1920
  • Bldg sqft: 0
  • Days On Market: 89
  • Additional Information
  • County: ALAMEDA
  • City: Oakland
  • Zipcode: 94621
  • Provided by: BRG Realty
  • Contact: Mark Mark
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Seize a premier asset acquisition opportunity in Oaklands appreciating market. This fully remodeled multi family residence at 1331 87th Ave offers 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 ADU a valuable advantage as the City of Oakland continues to encourage additional housing. Buyers should verify development potential with the City of Oakland Planning Department. Value add spacious backyard and side driveway offer clear ADU building potential, creating an additional income stream and boosting overall property value. Major upgrades including a new roof, new exterior, new interior finishes, and new appliances significantly reduce near term maintenance expenses.
Features
Accessibility Features
  1. Parking
  2. Other
Building Area Total
  1. 2647.00
Carport Spaces
  1. 0.00
Cooling
  1. Central Air
Foundation Details
  1. Slab
Garage Spaces
  1. 0.00
Heating
  1. Forced Air
  2. Central
Insurance Expense
  1. 3499.00
Otherexpense
  1. 0.00
Otherincome1
  1. 0.00
Parcel Number
  1. 0424252013
Parking Features
  1. Off Street
  2. Uncovered
Property Type
  1. Duplex
Roof
  1. Composition
Sewer
  1. Other
Sourcesystemkey
  1. 82028467:MLSL
Totalexpenses
  1. 22055.00
Trash Expense
  1. 0.00
Water Source
  1. Other
Year Built
  1. 1920
Year Built Source
  1. Assessor
Zoning
  1. RM-2 S-13
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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