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2261 48th Avenue, Oakland, CA 94601

Oakland
Local realty services provided by:CENTURY 21 Sierra Properties
2261 48th Avenue,Oakland, CA 94601
$1,195,000
  • 9 Beds
  • - Baths
  • 4,278 sq. ft.
  • Multi-family
  • Active
Listed by: eymon binesh
Office: marcus & millichap
MLS#:ML82045267
Source:Bay East, CCAR, bridgeMLS

Price summary

  • Price:$1,195,000
  • Price per sq. ft.:$279.34

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 #:ML82045267
  • Added:44 day(s) ago
  • Updated:June 14, 2026 at 02:37 PM

Rooms and interior

  • Bedrooms:9
  • Living area:4,278 sq. ft.

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:1960
  • Building area:4,278 sq. ft.
  • Architectural Style:Quadruplex

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,195,000
  • Price per sq. ft.:$279.34
MLS LogoBay East 2026. CCAR 2026 bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at June 14, 2026 CA_BRIDGEMLS Member Broker: Jesse Gibbs

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