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1331 87th Avenue, Oakland CA 94621
1331 87th Avenue, Oakland CA 94621
1331 87th Avenue, Oakland CA 94621
1331 87th Avenue, Oakland CA 94621
California>Oakland>Highland

1331 87th AvenueOakland, CA 94621

For Sale

$1,250,000

Smart Buyer Rebate $12,500

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.

Listed by Mark Caloca

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License #02146982

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RE/MAX Accord

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669-238-8878

Listed by John L. Morra

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License #01884598

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RE/MAX Accord

Last updated December 10, 2025

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Source: MLSListings #ML82028467

Listing Facts

  • TypeMulti-family
  • NeighborhoodHighland
  • Days on Prevu10
  • Taxes$21,250/year
  • Size2,647 sqft
  • Price per sqft$472

Amenities

  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

12/01/2025
Listed by RE/MAX Accord
$1,250,000

Property Details for 1331 87th Avenue

Exterior

Construction

  • Number Of Units Total: 2
  • Roof: Composition
  • Stories: 2
  • Year Built: 1920
  • Year Built Details: 2

Measurements

  • Building Area Total: 2,647
  • Lot Size Acres: 0.11
  • Lot Size Area: 4,875
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 4,875
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 3.01
  • Gross Income: $62,400.00
  • Operating Expense Includes: Insurance

Taxes

  • Parcel Number: 042-4252-013
  • Tax Annual Amount: $21,250.00

Interior

Measurements

  • Living Area: 2,647

Other

Features

  • Accessibility Features: Other, Parking

Parking

Parking

  • Carport: Yes
  • Parking Features: Off-Street Parking, On Street
  • Parking Total: 5

Schools

Elementary School

  • Elementary School: ACORN Woodland Elementary_2
  • Elementary School District: Oakland Unified

High School

  • High School: Coliseum College Prep Academy
  • High School District: Oakland Unified

Middle or Junior School

  • Middle Or Junior School: Elmhurst Community Prep

Utilities

Equipment

  • Cooling: Central Forced Air
  • Heating: Central Forced Air, Forced Air
  • Sewer: Other
  • Utilities: Public Utilities
  • Water Source: Other

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 1331 87th Avenue.

What schools are nearby to 1331 87th Avenue?

Nearby schools include the ACORN Woodland Elementary_2, Elmhurst Community Prep Middle School, and Coliseum College Prep Academy High School.

Does this multi-family home have parking?

Yes, there are 5 parking spaces available for 1331 87th Avenue.

What are the annual taxes for 1331 87th Avenue?

Annual taxes for this multi-family home are estimated at $21,250.

How does 1331 87th Avenue compare to other multi-family homes in Highland?

This multi-family home is listed 76% above the average price for multi-family homes in Highland and has been on the market for 136 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 2,647 sqft.

1331 87th Avenue is a -bedroom multi-family home for sale in Oakland CA 94621. Listed on Prevu for 10 days at $1,250,000. This property features 2,647 square feet of living space, located in Highland. The median listing price for multi-family homes in this area is $584,500. Nearby schools include ACORN Woodland Elementary_2, Elmhurst Community Prep Middle School, and Coliseum College Prep Academy High School. The home offers pets allowed and parking. Explore more multi-family home listings in Oakland.

Based on information from MLSListings™️ and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.