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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
  • 4,278 sq. ft.
  • Multi-family
  • Active
Listed by: andarge taye
Office: value pacific realty
MLS#:ML82065586
Source:Bay East, CCAR, bridgeMLS

Price summary

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

About this home

Value Pacific Realty is pleased to present to you 2261 48th Ave, Oakland a well-maintained great income generating 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. Three units are occupied with stable income, and one unit is just fully updated and ready for a primary owner residence or a new tenant with an estimated market rent for 2,700/m. The unit mix consists of three 2BD/1BA units and one 3BD/2BA unit, all with spacious layouts. Each unit is equipped with washer and dryer. The property offers 4 garage parking spaces (1:1 ratio), with additional parking space in front of the garage and street parking. individually metered gas and electric, and master metered water. Over $120k annual rental revenue. In-place rents for the three units are approximately 10-12% below market which can offer upside through rent growth over time. Conveniently located near High Street,...

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Home facts

  • Year built:1960
  • Listing ID #:ML82065586
  • Added:6 day(s) ago
  • Updated:October 30, 2026 at 02:35 PM

Rooms and interior

  • Living area:4,278 sq. ft.

Heating and cooling

  • Cooling:No Air Conditioning
  • Heating:Natural Gas

Structure and exterior

  • Roof:Rolled/Hot Mop
  • Year built:1960
  • Building area:4,278 sq. ft.
  • Lot area:0.17 Acres

Utilities

  • Water:Public

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 October 30, 2026 CAMAXMLS Member Broker: Romeo Aurelio

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