1233 87th Ave, Oakland, California 94621, Oakland, - bed, bath
ACTIVE$599,999
1233 87th Ave, Oakland, California 94621
0Bed
0Bath
Sqft
6,500Lot
Year Built
1935
Close
-
List price
$600K
Original List price
$600K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
41103496
Home ConditionFair
Features
View-
About this home
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.
Nearby schools
1/10
New Highland Academy
Public,•K-5•0.1mi
2/10
Rise Community School
Public,•K-5•0.1mi
5/10
Acorn Woodland Elementary School
Public,•K-5•0.4mi
1/10
Encompass Academy Elementary
Public,•K-5•0.4mi
2/10
Elmhurst Community Prep School
Public,•6-8•0.8mi
1/10
Roots International Academy
Public,•6-8•1.1mi
1/10
Castlemont High
Public,•9-12•1.1mi
3/10
Coliseum College Prep Academy
Public,•6-12•1.1mi
2/10
Fremont High
Public,•9-12•2.3mi
2/10
Oakland International High School
Public,•9-12•7.2mi
Price History
Date
Event
Price
07/02/25
Listing
$599,999
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (39 Listings) | |
|---|---|---|---|
| Beds | 0 | 3 | |
| Baths | 0 | 2 | |
| Square foot | 0 | 1,160 | |
| Lot Size | 6,500 | 4,094 | 98% |
| Price | $600K | $510K | 80% |
| Price per square foot | $0 | $428 | |
| Built year | 1935 | 9620962 | 75% |
| HOA | |||
| Days on market | 126 | 178 | 30% |
Condition Rating
Fair
The property, built in 1935, consists of two homes. While the main house is described as 'well maintained' and features some updated flooring (laminate) and fresh paint in certain rooms, the kitchen is notably dated with older cabinets, basic laminate countertops, and an outdated light fixture. No images of the bathroom were provided. The second, smaller house is explicitly a 'contractor's special' needing work, though not major repairs, and its exterior appears neglected. This mixed condition, with dated elements in the main house's kitchen and the clear need for renovation in the second unit, aligns with the 'Fair' category, indicating it requires minor updates or repairs and shows signs of being outdated despite some upkeep.
Pros & Cons
Pros
Dual Dwelling Potential: The property features two homes on one lot, offering significant flexibility for rental income, multi-generational living, or a dedicated home office/studio space.
Value-Add Opportunity: The second house, described as a 'contractor's special' needing work but not major repairs, presents a clear opportunity for renovation to increase property value or generate additional rental income.
Well-Maintained Main Residence: The main house is explicitly stated as 'well maintained,' suggesting a move-in ready primary living space with reduced immediate maintenance needs for the main dwelling.
Updated Infrastructure: A 'partial sewer lateral replacement was completed in February 2018,' indicating a recent and important infrastructure upgrade that mitigates a common and potentially costly issue.
Independent Utility Metering (Partial): The main house having a 'separate electric meter' is a practical advantage for managing utility expenses, particularly if the second unit is rented out independently.
Cons
Shared Water Utility: The shared water service between the two homes could lead to complexities in billing and potential disputes, especially if the second unit is rented out separately.
Renovation Required for Second Unit: The second house is a 'contractor's special' and 'needs work,' indicating a necessary investment of time, effort, and capital for renovation before it can be fully utilized or rented.
Property Age and Potential System Updates: Built in 1935, the property is older, which may imply that other major systems (e.g., plumbing, electrical, roofing, HVAC) could be original or require significant updates in the near future, despite the main house being 'well maintained'.