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2261 48th Avenue, Oakland, CA 94601

Oakland
Local realty services provided by:CENTURY 21 Masters
2261 48th Avenue,Oakland, CA 94601
$1,195,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: eymon binesh
Office: marcus & millichap
MLS#:82045267
Source:MLSListings

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Price summary

  • Price:$1,195,000

About this home

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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Home facts

  • Year built:1960
  • Listing ID #:82045267
  • Added:84 day(s) ago
  • Updated:August 03, 2026 at 07:11 AM

Heating and cooling

  • Heating:Gas

Structure and exterior

  • Roof:Rolled Composition
  • Year built:1960
  • Foundation Description:Concrete Perimeter

Utilities

  • Water:City/Public
  • Sewer:Sewer - Public

Finances and disclosures

  • Price:$1,195,000

Parking

  • Parking description:Attached
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