1331 87th Avenue Oakland, CA ^$ 1,250,000

1331 87th Avenue

^$ 1,250,000

Back to search

Recently Listed

1331 87th Avenue

Oakland, CA, 94621

^$ 1,250,000

Studio Baths0.0 Sq 2,647

Monthly Estimate*

^$ 7,798

Listed by RE/MAX Accord

1331 87th Avenue, Oakland, CA 94621 - Image 1

1331 87th Avenue, Oakland, CA 94621 - Image 2

1331 87th Avenue, Oakland, CA 94621 - Image 3

1331 87th Avenue, Oakland, CA 94621 - Image 4

View a Virtual Tour

Studio

Multi-Family Home for sale in Oakland, CA

for $1,250,000. This 2,647 square foot home was built in 1920 on a lot size of 0.1119.

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.

Multi-Family Active

Price

^$ 1,250,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 21,250

Style

Lot Size

0.1119

Year Built

1920

Town/City

Oakland

County/Region

Alameda

MLS | Web ID

ML82028467

Days on Market

Features

General

Living Area 2647

Sewer Other

Heating Central Forced Air

Cooling Central Air

Possession Close Of Escrow

Roof Composition

Zoning RM-2 S-13

Garage Spaces 0

Year Built 1920

Property Subtype Duplex

Accessibility Other Parking

County Alameda

Insurance Expense 3499

Property Type Residential Income

HOA false

MaintenanceExpense 0

Garage Y/N false

Special Listing Conditions Standard

Status Active

High School Other

City Oakland

High School District Other

Lot Size Units Square Feet

Lot Size Square Feet 4875

Carport Spaces 0

Listing Terms FHA VA Loan

Elementary School Other

Tax Annual Amount 21250

Middle/Junior High School Other

Trash Expense 0

Standard Status Active

Year Built Source Assessor

Property Sub Type Additional Duplex

Cap Rate 3.01

Interior

Total Stories 2

Air Conditioning Y/N true

Heating Y/N true

Total Baths 0

Exterior

Parking Features Off Street Uncovered

Water Source Other

Total Parking 5

Lot Size Area 4875

Foundation Details Slab

Number of Buildings 1

Building Area Total 2647

Lot Size Acres 0.1119

Lot Size Source Assessor

* Excluded Features

List By

Re/Max Accord

Broker

mcaloca1@icloud.com

Affordability Calculator

$9,569

Per Month

Monthly Principal & Interest: $7,798
Monthly Property Taxes: $1,771
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Multi-family listings in Oakland, CA

Average List Price ^$1,013,805

Percent of Sale Price 19%

About Oakland, CA

423,136 Population

6% Since 2002

^$62,902 Median Income

38.73 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4826967 Elementary School

4826966 Middle School

Other High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/1/2025	$1,250,000		Listed Price

Map

More homes like this one

homes for you

See all

1331 87th Avenue, Oakland, CA, 94621 is a Multi-Family Home for sale at $1,250,000 with 2,647 sqft and a lot size of 0.1119. 1331 87th Avenue is a studio with 0.0 baths and was built in 1920. The property's zip code is 94621 which is in Oakland, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 12/14/2025. 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. 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, 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.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

1331 87th Avenue

Multi-Family Home for sale in Oakland, CA

Affordability Calculator

Map

More homes like this one

Get more info about this home