1331 87th Ave

$1,250,000
Price
Beds
Baths
2,647 Sq. Ft.
$472 / Sq. Ft.
2,647
Sq. Ft.
$472
per Sq. Ft.

Description

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...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.

Property Details for 1331 87th Avenue

MLS City Name
OAKLAND
Building Type
DUPLEX
Garage Spaces
0
Parking Spaces
5
LISTING UPDATED: 12/10/2025 08:28 PM

Property Details for 1331 87th Avenue

StatusActive
MLS #ML82028467
Days on Compass21
Taxes$21,250 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / DUPLEX
Year Built1920
Lot Size0.11 AC / 4,875 SF
CountyAlameda County

Location

Listing Courtesy of RE/MAX Accord, Mark Caloca, DRE #02146982; CENTURY 21 Masters, John L. Morra, DRE #01884598
Add your commute

Building Information for 1331 87th Avenue

Stories2Residences2Year Built1920Building Size-Lot Size0.11 AC / 4,875 SF

Payment Calculator

$7,948 per month

30 year fixed, 6.28% Interest

Principal and Interest

$6,177

Property Taxes

$1,771

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1331 87th Avenue

Features
Features
  • Fireplace: No
  • Living SqFt: 2647
  • Pool: No
  • Security Features: None
  • Special Features: Parking, Other
Utilities
  • Cooling: Central AC
  • Heating: Central Forced Air, Forced Air
  • Meters: Separate Electric, Separate Gas
  • Sewer Septic: Other
  • Utilities: Public Utilities
  • Water: Other
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Off-Street Parking, On Street, Uncovered Parking
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Roof: Composition
  • Subclass: Duplex
  • Year Built Source: Assessor
  • Street Number: 1331
  • Street Name: 87th
  • Street Suffix: Avenue
  • Area ID: 2621
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Number of Buildings: 1
  • Structure SqFt: 2647
  • Structure SqFt Source: Assessor
  • Age: 105
Development Information
  • Ownership Type: Individual
  • Zoning Detail: RM-2 S-13
Location Information
  • City Limits: Yes
  • Incorporated: No
  • Parcel Number: 042-4252-013
  • County Name: Alameda
  • City Name: OAKLAND
  • City Postal ID: 131
  • Postal Code: 94621
  • Elementary School: 27215
  • Elementary School District: 1686
  • Middle School Text: Elmhurst Community Prep
  • High School District Text: Oakland Unified
  • High School Text: Coliseum College Prep Academy
Lot Information
  • Foundation: Concrete Slab
  • Horse Property: No
  • Lot Acres: .11
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 2
General Information
  • Annual Tax Amount: $21,250
  • Building Unit Total: 2
  • Capitalization Rate: 3.01
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water
  • Income Includes: Owners Unit Rental
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $3,499
  • Expense Landscape: $0
  • Expense Maintenance: $0
  • Expense Management: $0
  • Expense Trash: $0
  • Expenses Other: $0
  • Expenses Utility: $0
  • Expenses Total: $24,749
  • Operating Expenses Include: Insurance
  • Gross Rent Multiplier: 20.03
  • Income Annual Gross: $62,400
  • Income Annual Rental: $62,400
  • Income Gross Scheduled: $62,400
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $2,400
Unit 2 Information
  • Unit 2 Number of Bedrooms: 3
  • Unit 2 Rent: $2,800

Property History for 1331 87th Avenue

DateEvent & SourcePriceAppreciation
Dec 1, 2025

Listed (Active)

EBRD #ML82028467

$1,250,000
Dec 1, 2025

Listed (Active)

MLSListings #ML82028467

$1,250,000
Sep 1, 2024

Expired

EBRD #41056098

Sep 1, 2024

Expired

MLSListings #BE41056098

$999,000
Aug 31, 2024

Expired

CRMLS #41056098

May 16, 2024

Price Change

MLSListings #BE41056098

$999,000
May 16, 2024

Price Change

EBRD #41056098

$999,000
May 15, 2024

Price Change

CRMLS #41056098

$999,000
Apr 21, 2024

Price Change

EBRD #41056098

$1,150,000
Apr 21, 2024

Price Change

MLSListings #BE41056098

$1,150,000
Apr 20, 2024

Price Change

CRMLS #41056098

$1,150,000
Apr 15, 2024

Withdrawn

EBRD #41053027

Apr 15, 2024

Withdrawn

MLSListings #BE41053027

$1,250,000
Apr 15, 2024

Listed (Active)

MLSListings #BE41056098

$1,250,000
Apr 15, 2024

Listed (Active)

EBRD #41053027

$1,250,000
Apr 15, 2024

Listed (Active)

CRMLS #41056098

$1,250,000
Apr 15, 2024

Listed (Active)

MLSListings #BE41053027

$1,250,000
Apr 15, 2024

Listed (Active)

EBRD #41056098

$1,250,000
Apr 14, 2024

Withdrawn

CRMLS #41053027

$1,250,000
Mar 14, 2024

Withdrawn

MLSListings #BE41049776

$1,250,000
Mar 14, 2024

Withdrawn

EBRD #41049776

Mar 13, 2024

Withdrawn

CRMLS #41049776

$1,250,000
Feb 12, 2024

Listed (Active)

CRMLS #41049776

$1,250,000
Feb 12, 2024

Listed (Active)

EBRD #41049776

$1,250,000
Feb 12, 2024

Listed (Active)

MLSListings #BE41049776

$1,250,000
Nov 3, 2020

Sold

MLSListings #BE40914036

$500,000
Nov 3, 2020

Sold

CRMLS #40914036

$500,000
Nov 3, 2020

Sold

EBRD #40914036

$500,000
Oct 19, 2020

Sold (Public Record)

Public Record #687300264

$500,000
Oct 6, 2020

Pending

EBRD #40914036

Oct 6, 2020

Pending

MLSListings #BE40914036

Sep 14, 2020

Price Change

EBRD #40914036

$520,888
Sep 14, 2020

Price Change

MLSListings #BE40914036

$520,888
Jul 26, 2020

Listed (Active)

EBRD #40914036

$550,888
Jul 26, 2020

Listed (Active)

MLSListings #BE40914036

$550,888
Jul 26, 2020

Listed (Active)

CRMLS #40914036

$550,888
Apr 6, 2020

Withdrawn

EBRD #40897304

Apr 6, 2020

Withdrawn

MLSListings #BE40897304

$615,000
Apr 5, 2020

Withdrawn

CRMLS #40897304

$615,000
Feb 29, 2020

Listed (Active)

MLSListings #BE40897304

$615,000
Feb 29, 2020

Listed (Active)

EBRD #40897304

$615,000
Feb 29, 2020

Listed (Active)

CRMLS #40897304

$615,000
May 23, 2005

Withdrawn

MLSListings #EB40082353

May 23, 2005

Withdrawn

EBRD #40082353

May 23, 2005

Listed (Active)

MLSListings #EB40082353

$300,000
May 23, 2005

Listed (Active)

EBRD #40082353

$300,000
May 1, 1998

Withdrawn

MLSListings #EB28507689

Feb 28, 1998

Listed (Active)

MLSListings #EB28507689

$85,000
DateEvent & SourcePrice
12/01/2025

Listed (Active)

EBRD #ML82028467

$1,250,000
12/01/2025

Listed (Active)

MLSListings #ML82028467

$1,250,000
09/01/2024

Expired

EBRD #41056098

09/01/2024

Expired

MLSListings #BE41056098

$999,000
08/31/2024

Expired

CRMLS #41056098

05/16/2024

Price Change

MLSListings #BE41056098

$999,000
05/16/2024

Price Change

EBRD #41056098

$999,000
05/15/2024

Price Change

CRMLS #41056098

$999,000
04/21/2024

Price Change

EBRD #41056098

$1,150,000
04/21/2024

Price Change

MLSListings #BE41056098

$1,150,000
04/20/2024

Price Change

CRMLS #41056098

$1,150,000
04/15/2024

Withdrawn

EBRD #41053027

04/15/2024

Withdrawn

MLSListings #BE41053027

$1,250,000
04/15/2024

Listed (Active)

MLSListings #BE41056098

$1,250,000
04/15/2024

Listed (Active)

EBRD #41053027

$1,250,000
04/15/2024

Listed (Active)

CRMLS #41056098

$1,250,000
04/15/2024

Listed (Active)

MLSListings #BE41053027

$1,250,000
04/15/2024

Listed (Active)

EBRD #41056098

$1,250,000
04/14/2024

Withdrawn

CRMLS #41053027

$1,250,000
03/14/2024

Withdrawn

MLSListings #BE41049776

$1,250,000
03/14/2024

Withdrawn

EBRD #41049776

03/13/2024

Withdrawn

CRMLS #41049776

$1,250,000
02/12/2024

Listed (Active)

CRMLS #41049776

$1,250,000
02/12/2024

Listed (Active)

EBRD #41049776

$1,250,000
02/12/2024

Listed (Active)

MLSListings #BE41049776

$1,250,000
11/03/2020

Sold

MLSListings #BE40914036

$500,000
11/03/2020

Sold

CRMLS #40914036

$500,000
11/03/2020

Sold

EBRD #40914036

$500,000
10/19/2020

Sold (Public Record)

Public Record #687300264

$500,000
10/06/2020

Pending

EBRD #40914036

10/06/2020

Pending

MLSListings #BE40914036

09/14/2020

Price Change

EBRD #40914036

$520,888
09/14/2020

Price Change

MLSListings #BE40914036

$520,888
07/26/2020

Listed (Active)

EBRD #40914036

$550,888
07/26/2020

Listed (Active)

MLSListings #BE40914036

$550,888
07/26/2020

Listed (Active)

CRMLS #40914036

$550,888
04/06/2020

Withdrawn

EBRD #40897304

04/06/2020

Withdrawn

MLSListings #BE40897304

$615,000
04/05/2020

Withdrawn

CRMLS #40897304

$615,000
02/29/2020

Listed (Active)

MLSListings #BE40897304

$615,000
02/29/2020

Listed (Active)

EBRD #40897304

$615,000
02/29/2020

Listed (Active)

CRMLS #40897304

$615,000
05/23/2005

Withdrawn

MLSListings #EB40082353

05/23/2005

Withdrawn

EBRD #40082353

05/23/2005

Listed (Active)

MLSListings #EB40082353

$300,000
05/23/2005

Listed (Active)

EBRD #40082353

$300,000
05/01/1998

Withdrawn

MLSListings #EB28507689

02/28/1998

Listed (Active)

MLSListings #EB28507689

$85,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1331 87th Avenue

Taxable ValueLand$162,363Additions$548,847Total$711,210
Tax Record2025$11,670 ($973 / month)
Home Facts
Beds7Total Finished SqFt2,647 SqFtAbove Grade Finished SqFt2,647 SqFtStories2Lot Size4,875 SqFtStyleSingle Family ResidenceYear Built1920Year Renovated1960CountyALAMEDAAPN42-4252-13

Schools near 1331 87th Avenue

This home is within Oakland Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 5
Public - K to 5
Public - 6 to 8
Rating
School
Distance
Encompass Academy Elementary
PublicK to 5

Acorn Woodland Elementary School
PublicK to 5

New Highland Academy
PublicK to 5

Elmhurst United Middle
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1331 87th Avenue is a multi-family home for sale in Oakland, CA 94621. This property was listed for sale on December 1, 2025 by RE/MAX Accord, it's currently listed at $1,250,000. It has been on the market for a total of 21 days and was last sold on November 3, 2020. This listing's school district is Oakland Unified School District. Nearby schools include Encompass Academy Elementary, Acorn Woodland Elementary School and New Highland Academy. 1331 87th Avenue is a 0-bed, 0-bath, 2,647 sqft multi-family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Accord, Mark Caloca, DRE #02146982; CENTURY 21 Masters, John L. Morra, DRE #01884598

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.