2261 48th AVE, Oakland, CA 94601
- $1,195,000
- 9
- BD
- 4,278
- SqFt
Listed by Eymon Binesh, 650-546-1030 from Marcus & Millichap
(If provided) CoList: from
Sold listing courtesy of Andarge Taye from ATAYE
- Sold Price
- $1,195,000
- List Price
- $1,195,000
- Closing Date
- Jul 10, 2026
- MLS#
- ML82045267
- Status
- SOLD
- Zoning
- RM
- Sqft. of Residence
- 4,278
- Lot Size
- 7,300
Property Description
Marcus & Millichap is pleased to present 2261 48th Ave, a well-maintained 4 unit multifamily property located in East Oaklands Lower Maxwell Park/Melrose area. Built in 1960, the property features approximately 4,278 SF on a 0.17acre lot and is 100% occupied, providing stable in-place income. The unit mix consists of three 2BD/1BA units and one 3BD/2BA unit, all with spacious layouts. The property offers 4 garage parking spaces (1:1 ratio), individually metered gas and electric, and master metered water. In-place rents are approximately 9% below market, offering upside through rent growth over time. Conveniently located near High Street, Foothill Blvd, I580, I880, public transit, neighborhood retail, and parks. A solid multifamily investment in a strong East Oakland rental corridor.
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Additional Information
- Cooling System
- None
- Foundation
- Concrete Perimeter
- Garage Parking
- Attached Garage
- Heating System
- Gas
- Living Area
- 4,278
- Lot Size
- 7,300
- Other Utilities
- Public Utilities
- Roof
- Rolled Composition
- Sewer
- Sewer - Public
- Unincorporated Yn
- Yes
- Zoning
- RM
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