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.
Lease Term
12 months2,647 Sq Ft
4,875 Sq Ft Lot Size
other
$18,556 Annual Tax
Built in 1920
MLS/Listing ID ML82028467
2 Stories
2 Units
Heating - Forced Air
Slab
Parking
Parking - On Street
Composition
TOTAL MONTHLY COST
$0
$0
$0