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$1,187,500 -$62,500 (-5%) Price Reduced
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Property Description
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.
Full Property Details
Full Property Details for 1331 87th Ave
General
- Price: $1,187,500
- Status: Active
- Type: Duplex
- Source: RE_Infolink
- MLS ID: ML82028467
- Updated: 1/14/2026
- Added to Site: 46 day(s) ago
Additional Information
- Extras: Not Applicable
- Security/Safety: None
Parking
- Parking Features: Off-Street Parking, On Street, Uncovered Parking
Location
- County: Alameda
Heating & Cooling
- Cooling Type: Central AC
- Heating Type: Central Air (Forced Air), Forced Air
Utilities
- Sewer: Other
- Water: Other
- Utility Description: Public Utilities
- Metering: Separate Electric, Separate Gas
Structural Information
- Foundation: Concrete Slab
- Roof: Composition
- Disability Access: Parking, Other
- Square Feet: 2,647
- Year Built: 1920
Unit Information
Unit 1
- Bedrooms: 2
Unit 2
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.1119
- Minimum Lot Size: 4875
- Lot Size (Sq. Ft.): 4,875
- Building Sites: 1
- Zoning: RM-2 S-13
Listed by CENTURY 21 Masters, John L. Morra
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Schools
Schools serving 1331 87th Ave
School District:Oakland Unified School District
| Name | Grades | Distance |
|---|---|---|
New Highland Academy 8521 A Street, Oakland, CA 94621 | K-5 | 0.1 mi |
Encompass Academy Elementary 1025 81st Avenue, Oakland, CA 94621 | K-5 | 0.5 mi |
Acorn Woodland Elementary School 1025 81st Avenue, Oakland, CA 94621 | PK-5 | 0.5 mi |
Elmhurst United Middle 1800 98th Avenue, Oakland, CA 94603 | 6-8 | 0.8 mi |
Coliseum College Prep Academy 1390 66th Avenue, Oakland, CA 94621 | 6-12 | 1.1 mi |
Madison Park Academy 6-12 400 Capistrano Drive, Oakland, CA 94603 | 6-12 | 1.7 mi |
Castlemont High 8601 MacArthur Boulevard, Oakland, CA 94605 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1331 87th Ave
Date
Details
Price
Change
Source
1/14/2026
Price Reduced
$1,187,500
-5%
MLS
12/01/2025
Listed
$1,250,000
150%
MLS
10/19/2020
Sold
$500,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1331 87th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,670
15%
$711,210
15%
2024
$10,132
7%
$616,300
18%
2023
$9,434
4%
$520,200
2%
2022
$9,099
6%
$510,000
2%
2021
$8,602
287%
$500,000
1027%
2020
$2,221
-55%
$44,363
2%
2019
$4,943
154%
$43,493
2%
2018
$1,943
8%
$42,640
2%
2017
$1,807
10%
$41,804
2%
2016
$1,648
1%
$40,984
2%
2015
$1,632
-4%
$40,368
2%
2014
$1,697
-6%
$39,578
—
2013
$1,805
—
$39,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1331 87th Ave
1331 87th Ave, Oakland, CA 94621 (MLS# ML82028467) is a Duplex property with 0 bedrooms and 0 full bathrooms. 1331 87th Ave is currently listed for $1,187,500 and was received on December 01, 2025. Want to learn more about 1331 87th Ave? Do you have questions about finding other Duplex real estate for sale in Oakland? You can browse all Oakland real estate or contact a Coldwell Banker agent to request more information.

