1420 87th Ave, Oakland, California 94621, Oakland, 94621 - bed, bath
ACTIVE$749,000
1420 87th Ave, Oakland, California 94621
0Bed
0Bath
Sqft
4,080Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Strong Income Potential: As a duplex with two 2-bedroom, 1-bath units and separate utilities, this property offers excellent flexibility for owner-occupancy with rental income or a pure investment, maximizing cash flow.
Top Cons:
Age of Structure: Built in 1924, the property is nearly a century old. While renovated, older foundations, plumbing, and electrical systems (beyond what was updated) may require future attention or present unforeseen issues.
Compared to the nearby listings
Price:$749.0K vs avg $647.5K (+$101,500)75%
Size: sqft vs avg sqft50%
Price/sqft:$0 vs avg $050%
More Insights
Built in 1924 (101 years old).
Condition: Despite being built in 1924, this property has undergone extensive modernization within the last three years, including updated kitchens and bathrooms, new tile flooring, a new roof, and fresh exterior paint. These significant renovations bring the property's condition to a virtually new standard in key areas, aligning with the 'extensively renovated within 5 years' criterion for an excellent score. The exterior image supports the claim of fresh paint and a well-maintained facade.
Year Built
1924
Close
-
List price
$749K
Original List price
$749K
Price/Sqft
$0
HOA
-
Days on market
-
Sold On
-
MLS number
41094698
Home ConditionExcellent
Features
Good View:
View-
About this home
Charming Duplex in Oakland – Perfect for Living or Investment! Welcome to 1420 87th Ave, a beautifully renovated duplex offering both comfort and opportunity. This property features two units: a 2-bedroom, 1-bath unit with side yard parking, and a 2-bedroom, 1-bath unit. Each unit boasts updated kitchens and bathrooms, tile flooring, and separate utilities for convenience. Built in 1924, this multi-family home has been thoughtfully modernized over the past three years, including a new roof and fresh exterior paint. Situated on a 4,080 sq. ft. lot, the property provides ample space and a city view. Whether you're looking to live in one unit and rent out the other or expand your investment portfolio, this property is a fantastic choice. Located in the vibrant city of Oakland, this duplex is close to schools, parks, and local amenities. Don’t miss out on this incredible opportunity!
Nearby schools
3/10
East Oakland Pride Elementary School
Public,•K-5•0.5mi
2/10
Elmhurst Community Prep School
Public,•6-8•0.6mi
1/10
Roots International Academy
Public,•6-8•1.2mi
2/10
Frick Middle School
Public,•6-8•1.4mi
1/10
Castlemont High
Public,•9-12•0.9mi
3/10
Coliseum College Prep Academy
Public,•6-12•1.2mi
2/10
Fremont High
Public,•9-12•2.4mi
2/10
Oakland International High School
Public,•9-12•7.3mi
Condition Rating
Excellent
Despite being built in 1924, this property has undergone extensive modernization within the last three years, including updated kitchens and bathrooms, new tile flooring, a new roof, and fresh exterior paint. These significant renovations bring the property's condition to a virtually new standard in key areas, aligning with the 'extensively renovated within 5 years' criterion for an excellent score. The exterior image supports the claim of fresh paint and a well-maintained facade.
Pros & Cons
Pros
Strong Income Potential: As a duplex with two 2-bedroom, 1-bath units and separate utilities, this property offers excellent flexibility for owner-occupancy with rental income or a pure investment, maximizing cash flow.
Extensive Recent Renovations: Significant updates including renovated kitchens and bathrooms, new tile flooring, a new roof, and fresh exterior paint within the last three years minimize immediate capital expenditures for a new owner.
Desirable City View: The property boasts a city view, which is an attractive amenity that can enhance tenant appeal and property value.
Ample Lot Size & Parking: A 4,080 sq. ft. lot provides good outdoor space, and the inclusion of side yard parking for one unit adds convenience and value, especially in urban settings.
Proximity to Local Amenities: Its location in Oakland offers convenient access to schools, parks, and various local amenities, appealing to a broad range of potential tenants.
Cons
Age of Structure: Built in 1924, the property is nearly a century old. While renovated, older foundations, plumbing, and electrical systems (beyond what was updated) may require future attention or present unforeseen issues.
Low-Rated Nearby Schools: Several public schools in the immediate vicinity have low ratings (1-3 out of 10), which could be a significant deterrent for families with school-aged children considering the area.
Lack of Mentioned Cooling System: The property description does not mention any cooling system, which could be a discomfort during warmer months and a potential upgrade cost for future owners or tenants.