1233 87th Ave, Oakland, California 94621, Oakland, 94621 - bed, bath
1233 87th Ave
Oakland, California 94621
Property Price
SUMMARY
Analysis of 1233 87th Ave, Oakland, California 94621 is currently available with a list price of $579,999. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Oakland Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
The property, built in 1935, comprises two homes. While the main house has some recent cosmetic updates like new laminate flooring and fresh paint, its kitchen and bathroom are significantly outdated with basic fixtures, older appliances, and dated styles, requiring substantial renovation. The second unit is explicitly a 'contractor's special' needing considerable work, and its exterior appears neglected. Overall, the property requires substantial repairs and rehabilitation to bring both units up to modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Multi-Unit Potential
The property features two homes on one lot, offering significant flexibility for rental income, multi-generational living, or a dedicated workspace.
- Well-Maintained Main House
The main house is explicitly described as well-maintained, suggesting immediate move-in readiness for the primary residence.
- Recent Infrastructure Upgrade
A partial sewer lateral replacement was completed in February 2018, addressing a common and often costly maintenance concern for older properties.
CONSRISKS & DEFICIENCIES
- Second Unit Requires Renovation
The second house is a 'contractor's special' and needs work, implying immediate investment and effort from the buyer to make it fully functional or rentable.
- Shared Water Service
Water service is shared between the two homes, which could lead to complications in billing and usage management if occupied by different parties.
- Low-Rated Schools in Vicinity
Several nearby schools have low ratings (1-2), which may be a concern for families with school-aged children and could impact long-term property appeal and value.
About 1233 87th Ave
Two Homes on One Lot! The main house is well maintained and features a bonus room with washer and dryer hookups. It has a separate electric meter, while water service is shared. A partial sewer lateral replacement was completed in February 2018. The second, smaller house is a contractor's special—it needs work but doesn't require major repairs, offering great value for the right buyer. Plus, there's a shed adjacent to the smaller home for additional storage or workshop space.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1935
- Lot Size
- 6,500 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Oakland Unified Schools
New Highland Academy
Grades K-5 • 0.1 mi
Rise Community School
Grades K-5 • 0.1 mi
Acorn Woodland Elementary School
Grades K-5 • 0.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | 3.0 | 2% |
| Baths | - | 1.0 | 2% |
| Square foot | - | 1,052.5 | 2% |
| Lot Size | 6,500 | 4,138 | 98% |
| Price | $580.0K | $499.5K | 92% |
| Price per sq ft | $0 | $431 | 2% |
| Built year | 1935 | 1924 | 71% |
| HOA | $0 | $0 | 50% |
| Days on market | 248 | 149 | 92% |
Pricing History
Listed for Sale
Nov 21, 2025
$579,999
$599,999
-3% Price Drop
Initial Listing
Price Change
Jul 2, 2025
$599,999
Initial Listing