1331 87th Avenue, Oakland, California 94621, Oakland, 94621 - bed, bath
1331 87th Avenue
Oakland, California 94621
Property Price
SUMMARY
Analysis of 1331 87th Avenue, Oakland, California 94621 is currently available with a list price of $1,187,500. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although originally built in 1920, the property has undergone a comprehensive and extensive renovation within the last 5 years. The listing and images confirm a new roof, new exterior, and completely modernized interiors featuring new stainless steel appliances, shaker-style cabinetry, quartz countertops, updated bathrooms with contemporary tiling, and new flooring throughout. All major components are virtually new, meeting current quality standards with no visible deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Renovation
The property has been extensively remodeled with a new roof, new exterior, modern interior finishes, and new appliances, significantly reducing immediate maintenance expenses and capital expenditure for the buyer.
- Significant Value-Add Potential
The extra-large lot provides approximately 2,100 sq. ft. of expansion potential, offering a clear opportunity to add an ADU and Junior ADU to maximize rental income and property value.
- Optimized Multi-Family Layout
As a fully renovated duplex, this residence is positioned as a premier asset in an appreciating market, offering strong long-term equity potential and immediate dual-stream rental income.
CONSRISKS & DEFICIENCIES
- Low School Ratings
The local public schools assigned to this address have very low ratings, ranging from 1 to 2 out of 10, which may deter families and impact long-term appreciation compared to other districts.
- Historical Infrastructure Risks
While the interior and exterior have been remodeled, the original 1920 structure may still harbor underlying issues common to century-old buildings that were not addressed in the cosmetic renovation.
About 1331 87th Avenue
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.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1920
- Lot Size
- 4,875 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Oakland Unified Schools
Rise Community School
Grades K-5 • 0.1 mi
New Highland Academy
Grades K-5 • 0.1 mi
Encompass Academy Elementary
Grades K-5 • 0.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 2,647 | 2,647 | 50% |
| Lot Size | 4,875 | 5,300 | 43% |
| Price | $1.19M | $585.0K | 86% |
| Price per sq ft | $449 | $182 | 86% |
| Built year | 1920 | 1940 | 43% |
| HOA | $0 | $0 | 50% |
| Days on market | 96 | 129 | 43% |
Pricing History
Listed for Sale
Jan 14, 2026
$1,187,500
$1,250,000
-5% Price Drop
Initial Listing
Price Change
Dec 1, 2025
$1,250,000
Initial Listing
Sold
Nov 2, 2020
$500,000
Public Record
Sold
Sep 29, 2006
$107,500
Public Record